9077 SANTA MONICA BLVD
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1 GENERATIONAL WEST HOLLYWOOD TROPHY NNN RESTAURANT BUILDING FOR SALE PRIME WEST HOLLYWOOD CORRIDOR The information contained herein has been obtained from sources deemed reliable but has not been verified and no guarantee, warranty or representation, either express or implied, is made with respect to such information. Terms of sale or lease and availability are subject to change or withdrawal without notice. Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal. T M CA RE License # T M CA RE License #0955
2 T M CA RE License # T M CA RE License #0955 Generational West Hollywood Trophy NNN Restaurant Building Trophy NNN Investment with Corporate Guarantee + $00,000 Letter of Credit Prime West Hollywood real estate with significant appreciation aspects PROPERTY INFO Main West Hollywood Retail Corridor 50,000 Vehicles per DAY PRICE: Unpriced Single- Tenant Net Lease Passive Investment, Ideal for Absentee Owners SIZE: 5,08 SF Original 0-year lease with 7 years remaining Stable Income with Improving Returns with % Annual Rental Increases Every Year, Which Provides a Hedge Against Inflation. LAND AREA:,76 SF Rare Entitlements: The Tenant has a Type 7 full liquor license, a Type 58 Caterer s license, a dance permit, and an entertainment permit. Obtaining these permits is difficult and possessing them represents a significant barrier to entry for potential competing restaurant or nightclub operators. CURRENT NOI: $,799 INCREASES: % Annual Increases YEAR BUILT: 980/06 Remodel NNN: Absolute NNN Landlord Responsible for Building Structure and Foundation Only
3 T M CA RE License # T M CA RE License #0955 RENT ROLL/FINANCIAL ANALYSIS Tenant SBE RG Size 5,08 SF Current Rent Total Monthly 5,08 SF $9,.0 $5,088. Total Annually Approximate Expenses $8,567 Taxes Insurance $,5 $5,000 Total $9,5 Reimbursed $9,5 NNN: Lease whereby Lessee shall pay operating costs associated with the Property, including real property taxes, property insurance, all utilities servicing the Property, and building and roof maintenance (provided, however, that Buyer, as landlord, shall remain responsible for the foundation and structure of the building). Current Rent PSF $5.79 Increases.0% Market Lease Type NNN Lease Expiration 6//0
4 T M CA RE License # T M CA RE License #0955 ABOUT THE TENANT SBE is a leading lifestyle hospitality company that develops, manages and operates award-winning hotels, restaurants and night clubs. Through exclusive partnerships with cultural visionaries, SBE is dedicated to delivering the best in service, design, culinary programming, and entertainment. The company is founded on the core belief that hospitality is about not only enjoying impeccable service and luxurious amenities, but also having meaningful cultural experiences and meeting like-minded people in environments that match your personal style. The SBE collection invites you to stay, dine and play your way from coast to coast and around the world. Already a proven leader in the hospitality and real estate industries, SBE has more than 00 properties currently operating or in development, and has expanded several of its flagship brands including SLS Hotels, Katsuya, The Bazaar by José Andrés, Hyde Lounge and The Redbury, nationally and internationally. The company will debut a new slates of hotel & residence properties in 06, including the recently announced Hyde Hotel & Residences and SLS Lux Hotel & Residences. Founded in 00 by chairman and CEO Sam Nazarian, SBE is a privately held company. Inspired by traditional, iconic, Angeleno Beauty, Doheny Room is a stylish neighborhood bar and lounge with an eclectic menu of multicultural shared plates, decedent desserts and classic craft cocktails. Its interior conjures an elegant la charm with abundant native greenery, a fresh palette and floor-to-ceiling windows. The room s refined ambiance, makes it a popular destination for after-work dinner parties and private receptions.
5 T M CA RE License # T M CA RE License #0955 AREA OVERVIEW West Hollywood is located in the eastern portion of the West Los Angeles area. The city is bounded by the community of Hollywood to the north, east, and south; and the city of Beverly Hills to the west. West Hollywood is approximately five miles west of downtown Los Angeles. Similar to the West Los Angeles area overall, West Hollywood benefits from its relative proximity to the pacific ocean. West LA overall is well diversified in terms of its residential, retail, office and industrial development. West Hollywood has similarly desirable demographics, with an average household income of $88,9. The area is boosted significantly by local and international tourism. West Hollywood is home to legendary attractions like the Comedy Store, Viper Room and the Sunset Strip. West Hollywood boasts a culture unlike any other, entertaining the world and leading the way in social progress. West Hollywood ( WEHO ) is at the cultural and geographical heart of the Los Angeles region, surrounded by must-see hotspots in every direction. If you want to experience Los Angeles, booking a hotel in walkable West Hollywood will give you convenient access to everything and situate you in one of the metropolis hottest neighborhoods. Go west to the beaches, north to the Hollywood Bowl and the Hollywood Walk of Fame, south to the Los Angeles County Museum of art and the La Brea Tar Pits on Museum Row, or east to downtown s Disney Concert Hall and LA Live. In the mood for a hike? Travel a few miles east to Runyon Canyon, nestled into the famous Hollywood Hills. No matter if you walk, bike, drive or take public transit, WEHO is the perfect jumping-off point to see la s hottest at-tractions. After a day of adventures, come back to West Hollywood s thriving restaurant and nightlife scene and go wherever the night takes you! Today, West Hollywood is a top travel destination among the entertainment industry and LGBT global community. West Hollywood s stylish hotels attract the well-traveled with their dedication to providing premium service and personalized experiences. The scene is densely packed into.9 Walkable square miles, including a vast culinary landscape, the sunset strip s notorious nightlife, Pacific Design Center (PDC) and designer flagships lining the West Hollywood design district, celebrity hot spots, global annual events, premier spas and fitness, entertainment and much more.
6 MARINA DEL REY LAX T M CA RE License # PLAYA VISTA 90 T M CA RE License #0955 REGIONAL MAP VENICE 0 CULVER CITY PICO-ROBERTSON 0 WESTWOOD CENTURY CITY UCLA BEVERLY HILLS 0 MID-WILSHIRE 0 SANTA MONICA MIRACLE MILE WEST HOLLYWOOD HOLLYWOOD
7 T M CA RE License # T M CA RE License #0955 Dining Café Amici Beverly Hills Doheny Room Dan Tana's Flavor of India 5 Au Fudge 6 Craig's 7 Verve Coffee - West Hollywood 8 Gracias Madre 9 Cecconi's 0 SUR Restaurant & Lounge Tortilla Republic Le Relais De I'Entrecôte Hedley's Brazilian Bossa Nova Cuisine 5 Hamburger Haven 6 The Abbey 7 Starbucks 8 Guisados 9 Saint Felix 0 Café D' Etoile Rage Fiesta Cantina Red Seven West Hollywood Zingué 5 Catch LA 6 Le Pain Quotidien - Melrose 7 Petrossian Paris 8 Il Piccolino 9 Coffee Bean & Tea Leaf 0 Madeo Restaurant Retail/Grocery Bristol Farms Ralphs Pavillions 5 Petco American Apparel Banking Chase Bank Bank of America US Bank Other Services Hotel Beverly Terrace United States Postal Service Troubador SANTA MONICA BLVD N DOHENY DR WILLEY LN KEITH AVE 7 8 MELROSE AVE 5 6 The Charles Company has unveiled a world-class project at the Melrose Triangle, one of West Hollywood s prominent gateways to the City. The new Melrose Triangle project will reinvigorate West Hollywood s Western Gateway. Neighborhood-serving restaurants, cafes, art galleries, and boutiques will enhance the uniquely West Hollywood experience of this new and exciting gathering place for our community. N ALMONT DR N LA PEER DR HILLDALE AVE N ROBERTSON BLVD SANTA MONICA BLVD 6 0 AMENITIES MAP 9 5 N ROBERTSON BLVD N SAN VICENTE BLVD 5 8 MELROSE AVE HUNTLEY DR N SAN VICENTE BLVD 6 BEVERLY BLVD 0 7 BEVERLY BLVD 9
9077 SANTA MONICA BLVD
GENERATIONAL WEST HOLLYWOOD TROPHY NNN INVESTMENT FOR SALE PRIME WEST HOLLYWOOD CORRIDOR T 0.07.658 M 0.800.7955 CA RE License #0808709 The information contained herein has been obtained from sources deemed
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