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Retail Building with NNN Leases
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8711 LA TIJERA BLVD, Los Angeles, CA 90045

The fully occupied property has triple-net leases, with ownership responsible for the roof, structure, and sewer.

Property Size3,900 SF
Price / SF$448.72
Days on Market15

Property Features for 8711 LA TIJERA BLVD

General Information

Standard status Active
Size 3,900 SF
Property subtype Retail
Occupancy 100%

Building Details

Tenancy Multi
Listing Agency: Coldwell Banker Commercial Los Angeles
Listed By: Eric Sackler · License #01057377
Source: Crexi
Added: Sep 23 Changed: Oct 3 Last Checked: Oct 5 at 4:48PM

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 Coldwell Banker Commercial Los Angeles

Investment Insights

Based on property information with market context.

The 3,900-square-foot retail property at 8711 La Tijera Blvd in Los Angeles is fully occupied under triple-net leases. Ownership retains responsibility for the roof, structure, and sewer. The current lease documents are new leases, not amendments to prior agreements, and the tenant mix includes service-oriented and needs-based businesses.

The property is in the Westchester Triangle Commercial Historic District, a pedestrian-oriented retail and office area. A farmers market takes place there each Sunday. The neighboring retail property at 8701 La Tijera Blvd may be included in a combined sale.

Key Highlights

  • 3,900 square feet of retail space
  • Fully occupied with triple‑net leases
  • Landlord obligations cover the roof, structure, and sewer

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$90,508
Cap Rate
5.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,810,160 $1.8M
Cap Rate 7%
$1,292,971 $1.3M
Cap Rate 9%
$1,005,644 $1.0M
Market Conditions
NOI Build-Up for 3,900 SF
Gross rent
$144.1K $36.96/SF
− Vacancy
−$14.8K −$3.81/SF
EGI
$129.3K $33.15/SF
− OpEx
−$38.8K −$9.95/SF
NOI
$90.5K $23.21/SF
Area
Los Angeles, CA
Vacancy
10.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,810,160
Cap Rate 7%
$1,292,971
Cap Rate 9%
$1,005,644

Alternative Uses

Best Use
Retail
$1.29M
$1.13M – $1.51M (±1% cap)
NOI $90,508 @ 7.0% cap · market cap 5.17%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$79.01M
$69.14M – $92.18M (±1% cap)
NOI $5,530,816 @ 7.0% cap · market cap 316.05%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

LAX Hookah Bar ... Bar & Pub

Suggested Use

Top Pick Building Supply (Bike/Boat/Book/etc) Store Furniture & Home Goods Bakery Wine and Liquor Store Auto Parts Store

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

2,010
Businesses Nearby

Demographics for 90045, CA

41,035
Population
17,981
Households
2.3
Avg Household Size
36
Median Age
64%
College-Educated
96%
High-School Grad
10.8 sq mi
ZIP Area
3,800
Density / Sq Mi
$132,577
Median Household Income
$68,684
Median Earnings
$2,909
Median Rent
$1,322,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Retail space - The fully occupied property has triple-net leases, with ownership responsible for the roof, structure, and sewer.
Where is this retail space located?
The property is located at 8711 LA TIJERA BLVD Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 3,900 square feet of retail space; Fully occupied with triple‑net leases; Landlord obligations cover the roof, structure, and sewer
(310) 207-3712 Call to check price and availability
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