Discover a prime retail investment opportunity at this exceptional property on Lincoln Blvd in Marina Del Rey. With an impressive 8,724 SF building comprising 7 units, plus a large billboard. All tenants are long term This attractively designed structure, built in 1984, offers a sought-after investment opportunity. Zoned LAC2 and enjoying 100% occupancy, this property presents a compelling case for retail investors seeking a stable and lucrative investment.Immerse yourself in the vibrant atmosphere of Marina Del Rey, a sought-after destination brimming with retail opportunities. Located near the bustling Lincoln Blvd, the area offers prime access to a diverse array of retail hotspots. From high-end fashion boutiques to trendy eateries such as Cafe del Rey and Mendocino Farms, the dynamic retail scene caters to a wide range of clientele. With proximity to the stunning Marina del Rey Waterfront, the location presents a unique blend of coastal charm and urban energy, creating an enticing draw for retail investors seeking a prime location with a thriving consumer base. This is an exceptional opportunity to become part of a flourishing retail landscape in a coveted location. Its proven track record of full occupancy and prime location in the desirable Marina Del Rey area make this property a sound investment in a thriving retail market. Don't miss the chance to secure a valuable asset in a prime location with a strong tenant base.
The median home value in Marina Del Rey, CA is $1,270,000. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Marina Del Rey, CA is $1,270,000. Approximately 6.53% of Marina Del Rey homes are owned, compared to 75.95% rented, while 17.52% are vacant. Marina Del Rey real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Marina Del Rey real estate agent to arrange a tour today!
Marina Del Rey, California has a population of 9,355. Marina Del Rey is less family-centric than the surrounding county with 28.97% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Marina Del Rey, California is $132,746. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Marina Del Rey is 37.1 years.
The average high temperature in July is 73.8 degrees, with an average low temperature in January of 49.2 degrees. The average rainfall is approximately 13.2 inches per year, with 0 inches of snow per year.