3860 South Centinela Ave
Value-Add Investment or Owner-User Opportunity Located in the Mar Vista Neighborhood of Los Angeles
Marketing description
Jones Lang LaSalle, as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in 3860 S Centinela Ave (the "Property" or the "Offering"), located in the Westside Mar Vista neighborhood of Los Angeles.
Situated on 0.83 acres, the Property features a 20,022 feet of commercial space with a 5,400 square-foot mezzanine and a connected loading dock, offering flexibility for a variety of retail users. The Property is enhanced by 42 on-site parking spaces, a meaningful advantage for retailers in a parking-constrained market.
Currently leased to Centinela Pet & Feed, with a lease expiration on December 31, 2026, the asset offers a compelling mix of in-place cash flow and future flexibility to reposition and implement a value-add business plan. Additionally, the ability to terminate the lease with two months notice provides further flexibility for investors pursing an expedited business plan or owner-users seeking near-term occupancy.
The Offering represents a unique opportunity to acquire a highly visible, well-located asset in one of Los Angeles' most dynamic neighborhoods. With its high visibility, strong demographic tailwinds, and value-add potential, 3860 S Centinela Ave is well positioned to capture robust tenant and investor demand while creating long-term value.
Investment highlights
- Value-Add / Owner-User Opportunity
- Prime West Los Angeles Location
- Exceptional Demographics
- Flexible Zoning
- Constrained Retail Market Dynamics
- Strategic Location with Parking
- Dense, Affluent Population
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