Price check: retail at 38 Washington Boulevard. 2,256 SF on a 1,602 SF lot. $1,750,000: $775.71 a sq foot. Net Operating Income: $94,800
From Lee Shapiro at Kennedy Wilson:
Rare opportunity to purchase hard-corner free standing building at Pacific Avenue and Washington Boulevard. The two story single tenant property has ground floor retail and second level office space. Tremendous demographics include Population of 143,779 in three miles and Average Household Income of $112,618.
Property is situated one block from Venice Pier. Neighboring tenants include Starbucks, C & O and Cabo Cantina.
