Retail

Melrose Crossing

8378-8380 Melrose Ave, West Hollywood, CA, 90069-5421, US

Melrose Crossing_Property for Sale

Gallery

Melrose Crossing 2_Property for Sale

Asset description

JLL has been exclusively retained by Ownership to offer the opportunity to acquire Melrose Crossing (the “Property”, a +/- 22,458 sq. ft., mixed-use, retail, and creative office building located at the high traffic intersection of Melrose Avenue, Melrose Place, and Orlando Avenue (36,000 VPD) in the heart of Los Angeles. The recently renovated Property is strategically positioned on and benefits from exceptional visibility on a highly trafficked street with a dense and affluent surrounding population. With 0% occupancy and irreplaceable billboard / advertising opportunities, there are several avenues for near-term NOI growth.

Attributes

Building area gross
21,327 sf
Year built
1960

Investment highlights

  • ​​​​​​​WORLD CLASS BRANDING OPPORTUNITY AT A HIGH TRAFFIC INTERSECTION
  • TANGIBLE NOI GROWTH
  • EXTREMELY AFFLUENT AND DENSE SOCAL POPULATION
  • ATTRACTIVE, MODERN ARCHITECTURE
  • STRONG TENANT DEMAND
  • RARE PARKING AMENITY


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Last updated
Sep 21, 2022