Fedex kinkos 7630 Sunset Blvd

$5,600,000

Fedex kinkos 7630 Sunset Blvd A freestanding, single tenant, Absolute NNN leased investment opportunity with FedEx Office Print & Ship Center, located on the"Sunset Strip" in West Hollywood/ Los Angeles, California. FedEx: Public Company (NYSE: FDX), $38.1 Billion Net Worth in 2011, BBB Credit, $39.3 Billion 2011 Revenue, #73 in Fortune 500. Located at the signalized, hard corner, of Sunet Boulevard & N. Stanley Avenue. The subject property benefits from the high density population of over 269,000 consumers within a 3-mile radius, over 168,000 daytime employees within 3-miles, and approximately 43,000 vehicles per day drive-by. In addition, the subject property has "rare" on-site parking which greatly enhances the intrinsic value. Currently zoned C4, the subject property has future potential redevelopment to include retail & two (2) additional levels of high density residential. The current lease structure has the tenant being responsible for all building & land maintenance, inlcuding roof & structure, & rent increases 3% annually. Tenant has occupied at this location since 1994 ( 18 years.)