5425 Laurel Canyon Boulevard

Single-Tenant NNN | Animal Hospital


5425 Laurel Canyon Boulevard, a 4,474 square foot single tenant Animal Hospital on a 15,223 square foot lot zoned LAR3. Ideally located just North of Chandler Boulevard on Laurel Canyon Boulevard in the affluent neighborhood of Valley Village. There is a triple net (NNN) lease currently in place with minimal landlord responsibilities that has over 8 years remaining on the original term. The property is a fantastic investment for someone looking to acquire excellent real estate, a favorable return, and not have many managerial responsibilities. This tenant has strong reported financials and rent to sales information will be provided. There are also 4% annual increases on the original term every other year with the first coming due in July 2018. The lease contains three 5-year options with 2.5% annual increases during those terms.

Property Highlights

  • Price - $2,680,000
  • 8 Years on Original Lease Term
  • Lot - 15,223 SF
  • Multiple Offers
  • Strong Tenant Financials
  • 4% Increases Every Other Year
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