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Leased NNN Retail Property
For Sale
$8,200,000

7998 Santa Monica Boulevard, Los Angeles, CA 90046

Two adjoining commercial buildings are fully occupied by food, beverage, retail, and media tenants under NNN leases.

Property Size6,622 SF
Days on Market90

Property Features for 7998 Santa Monica Boulevard

General Information

Standard status Active
Size 6,622 SF
Property subtype COMMERCIAL
Occupancy 100%

Additional Details

Anchor Co-Tenants Ggiata Delicatessen, Irv's Burgers

Building Details

Building Size 6,622 SF
Year Built 1955
Buildings 2
Tenancy Multi
Listing Agency: Timothy C. Macker Jr.
Listed By: Timothy Macker · License #01232033
Source: Truthrealty
Added: Jul 13 Changed: Oct 10 Last Checked: Oct 9 at 8:18PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Timothy C. Macker Jr.

Investment Insights

Based on property information with market context.

The property comprises two adjacent commercial buildings at 7990 and 7998 Santa Monica Boulevard. Built in 1955, the buildings are fully leased, with NNN lease structures and a tenant mix spanning food, beverage, retail, and media. Ggiata Delicatessen and Irv's Burgers are among the occupants.

The buildings sit along Santa Monica Boulevard in West Hollywood, within a corridor surrounded by restaurants, cafés, boutique retailers, entertainment venues, and residential communities.

Key Highlights

  • Two adjacent commercial buildings at 7990 and 7998 Santa Monica Boulevard
  • 100% leased with NNN leases
  • Tenant mix includes food, beverage, retail, and media businesses

Property Analytics

Current Use

Ggiata Delicatessen Take-out & Catering Irv's Burgers Restaurant

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Adult Day Care Butcher Fish Market Supermarket

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,833
Businesses Nearby

Demographics for 90046, CA

49,987
Population
31,929
Households
1.6
Avg Household Size
39
Median Age
63%
College-Educated
95%
High-School Grad
5.7 sq mi
ZIP Area
8,770
Density / Sq Mi
$94,259
Median Household Income
$65,607
Median Earnings
$2,204
Median Rent
$1,411,500
Median Home Value

Market

Vacancy Rate% for Retail in Los Angeles, CA

5.7% 2019
6.1% 2020
6% 2021
5.7% 2022
5.6% 2023
6% 2024
6.2% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Two adjoining commercial buildings are fully occupied by food, beverage, retail, and media tenants under NNN leases.
Where is this nnn property located?
The property is located at 7998 Santa Monica Boulevard Los Angeles, CA.
What is the asking price?
The asking price for this property is $8,200,000.
What are key features of this property?
This property features: Two adjacent commercial buildings at 7990 and 7998 Santa Monica Boulevard; 100% leased with NNN leases; Tenant mix includes food, beverage, retail, and media businesses
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