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9077 SANTA MONICA BLVDGENERATIONAL WEST HOLLYWOOD TROPHY NNN RESTAURANT BUILDING FOR SALEPRIME WEST HOLLYWOOD CORRIDOR

Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal.

Newmark Knight Frank \ 1875 Century Park East, Suite 1380 \ Los Angeles, CA 90067 \ Corporate CA RE Lic. #01355491 ngkf.com

DANIEL CHIPRUTEXECUTIVE VICE PRESIDENT310.800.7955 [email protected] CA RE Lic. #01808709

STEVEN SALASSENIOR MANAGING DIRECTOR310.407.6569 [email protected] CA RE Lic. #01232955

Generational West Hollywood Trophy NNN Restaurant Building

9077 SANTA MONICA BLVDWEST HOLLYWOOD, CA 90069GENERATIONAL WEST HOLLYWOOD TROPHY NNN INVESTMENT FOR SALE

PRICE: Call for Details

SIZE: 5,083 SF

LAND AREA: 3,761 SF

CURRENT NOI: $374,585.88

INCREASES: 3% Annual Increases

YEAR BUILT: 1980/2016 Remodel

NNN: Absolute NNN Landlord Responsible for Building

Structure and Foundation Only

• Trophy NNN Investment with Corporate Guarantee + $100,000 Letter of Credit• Prime West Hollywood real estate with significant appreciation aspects• Main West Hollywood Retail Corridor 50,000 Vehicles per DAY• Single- Tenant Net Lease Passive Investment, Ideal for Absentee Owners• Original 10-year lease with ±5 years remaining• Stable Income with Improving Returns with 3% Annual Rental Increases Every Year, Which Provides a Hedge Against Inflation.• Rare Entitlements: The Tenant has a Type 47 full liquor license, a Type 58 Caterer’s license, a dance permit, and an entertainment

permit. Obtaining these permits is difficult and possessing them represents a significant barrier to entry for potential competing restaurant or nightclub operators.

PROPERTY INFO

DANIEL CHIPRUTEXECUTIVE VICE PRESIDENTCOMMERCIAL ASSET GROUP310.800.7955 | [email protected] CA RE Lic. #01808709

STEVEN SALASSENIOR MANAGING DIRECTORNEWMARK KNIGHT FRANK310.407.6569 | [email protected] CA RE Lic. #01232955

RENT ROLL/FINANCIAL ANALYSIS

Tenant Size Current Rent Current Rent PSF Increases Market Lease Type Lease ExpirationSBE RG 5,083 SF $31,215.49 $6.14 3.0% NNN 6/1/2024Total Monthly 5,083 SF $31,215.49Total Annually $374,585.88

Approximate Current ExpensesTaxes $114,125Insurance $5,000Total $119,125Reimbursed $119,125

NNN:

Lease whereby Lessee shall pay operating costs associated with the Property, including real property taxes, property insurance, all util-ities servicing the Property, and building and roof maintenance (provided, however, that Buyer, as landlord, shall remain responsible for the foundation and structure of the building).




ABOUT THE TENANTSBE is a leading lifestyle hospitality company that develops, manages and operates award-winning hotels, restaurants and night clubs. Through exclusive partnerships with cultural visionaries, SBE is dedicated to delivering the best in service, design, culinary programming, and entertainment.

The company is founded on the core belief that hospitality is about not only enjoying impeccable service and luxurious amenities, but also having meaningful cultural experiences and meeting like-minded people in environments that match your personal style. The SBE collection invites you to stay, dine and play your way from coast to coast and around the world.

Already a proven leader in the hospitality and real estate industries, SBE has more than 100 properties currently operating or in development, and has expanded several of its flagship brands including SLS Hotels, Katsuya, The Bazaar by José Andrés, Hyde Lounge and The Redbury, nationally and internationally. The company will debut a new slates of hotel & residence properties in 2016, including the recently announced Hyde Hotel & Residences and SLS Lux Hotel & Residences. Founded in 2002 by chairman and CEO Sam Nazarian, SBE is a privately held company.

Inspired by traditional, iconic, Angeleno Beauty, Doheny Room is a stylish neighborhood bar and lounge with an eclectic menu of multicultural shared plates, decedent desserts and classic craft cocktails. Its interior conjures an elegant la charm with abundant native greenery, a fresh palette and floor-to-ceiling windows. The room’s refined ambiance, makes it a popular destination for after-work dinner parties and private receptions.




AREA OVERVIEWWest Hollywood is located in the eastern portion of the West Los Angeles area. The city is bounded by the community of Hollywood to the north, east, and south; and the city of Beverly Hills to the west. West Hollywood is approximately five miles west of downtown Los Angeles. Similar to the West Los Angeles area overall, West Holly-wood benefits from its relative proximity to the pacific ocean. West LA overall is well diversified in terms of its residential, retail, office and industrial development.

West Hollywood has similarly desirable demographics, with an average household in-come of $88,193. The area is boosted significantly by local and international tourism. West Hollywood is home to legendary attractions like the Comedy Store, Viper Room and the Sunset Strip. West Hollywood boasts a culture unlike any other, entertaining the world and leading the way in social progress.

West Hollywood (“WEHO”) is at the cultural and geographical heart of the Los Angeles region, surrounded by must-see hotspots in every direction. If you want to experience Los Angeles, booking a hotel in walkable West Hollywood will give you convenient access to everything—and situate you in one of the metropo-lis’ hottest neighborhoods. Go west to the beaches, north to the Hollywood Bowl and the Hollywood Walk of Fame, south to the Los Angeles County Museum of art and the La Brea Tar Pits on Museum Row, or east to downtown’s Disney Concert Hall and LA Live. In the mood for a hike? Travel a few miles east to Run-yon Canyon, nestled into the famous Hollywood Hills. No matter if you walk, bike, drive or take public transit, WEHO is the perfect jumping-off point to see la’s hottest at-tractions. After a day of adventures, come back to West Hollywood’s thriving restaurant and nightlife scene—and go wherever the night takes you!

Today, West Hollywood is a top travel destination among the entertainment industry and LGBT global community. West Hollywood’s stylish hotels attract the well-traveled with their dedication to providing premium service and personalized experiences. The scene is densely packed into 1.9 Walkable square miles, including a vast culinary landscape, the sunset strip’s notorious nightlife, Pacific Design Center (PDC) and designer flagships lining the West Hollywood design district, celebrity hot spots, global annual events, premier spas and fitness, entertainment and much more.




REGIONAL MAPMARINA DEL REY

CENTURY CITY

SANTA MONICA

BEVERLY HILLS

WESTWOODUCLA

CULVER CITY

VENICE

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WEST HOLLYWOOD




Dining1 Café Amici Beverly Hills

2 Doheny Room

3 Dan Tana's

4 Flavor of India

5 Au Fudge

6 Craig's

7 Verve Coffee - West Hollywood

8 Gracias Madre

9 Cecconi's

10 SUR Restaurant & Lounge

11 Tortilla Republic

12 Le Relais De I'Entrecôte

13 Hedley's

14 Brazilian Bossa Nova Cuisine

15 Hamburger Haven

16 The Abbey

17 Starbucks

18 Guisados

19 Saint Felix

20 Café D' Etoile

21 Rage

22 Fiesta Cantina

23 Red | Seven West Hollywood

24 Zingué

25 Catch LA

26 Le Pain Quotidien - Melrose

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27 Petrossian Paris

28 Il Piccolino

29 Coffee Bean & Tea Leaf

30 Madeo Restaurant

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Other Services1 Hotel Beverly Terrace

2 United States Postal Service

3 Troubador

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Retail/Grocery1 Bristol Farms

2 Ralphs

3 Pavillions

Petco

American Apparel

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Banking1 Chase Bank

Bank of America

US Bank

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AMENITIES MAP

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The Charles Company has unveiled a world-class project at the Melrose Triangle, one of West Hollywood’s prominent gateways to the City. The new Melrose Triangle project will reinvigorate West Hollywood’s Western Gateway. Neighborhood-serving restaurants, cafes, art galleries, and boutiques will enhance the uniquely West Hollywood experience of this new and exciting gathering place for our community.

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