Aaron Brothers

The subject property was built in 1972 with masonry construction and a reinforced concrete foundation. The property has a flat roof with a built-up composition roof. The interior contains carpet and open tile floors, acoustic tile ceilings, and 15 feet of ceiling clearance. The lease is corporate guaranteed and has three years remaining on the final option period. The current tenant currently owns and operates over 160 stores nationwide and having a solid credit rating, insuring stable and secure income for the remainder of the lease. Click below for more info.

Additional Info

  • Address: : 1645 Lincoln Blvd Santa Monica, CA 90404
  • Price: : $4,150,000
  • Net Rentable Area: : 9,940
  • CAP Rate: : 7.49%
  • Status: : SOLD

What Clients Are Saying                                     
 

"I want to thank for your part in helping us achieve our sale leaseback goals for 2009. We are pleased with the balance you helped us achieve between sales price, rent and overall cap rate. I would not hesitate to recommend you and your firm to other potential clients. Feel free to use me as a reference."
Joe Cirelli/The Pep Boys Manny, Moe & Jack

Contact Us

NNN Deal
in association with Marcus & Millichap

16830 Ventura Blvd. Suite 100
Encino, CA 91436

Lior Regenstreif
First Vice President, Investments
Senior Director, National Retail Group
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Rebekah Zweiban Wallack

Senior Research Analyst
Special Projects Coordinator
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Toll Free: 888.NNN.DEAL
Phone: 818.907.9525
Fax: 818.907.8557