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70 & 72 Windward

On Market

Windward Avenue, Venice

Los Angeles, California 90291

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Pricing

Asking Price$7,700,000
Price PSF$1,874

Building Details

Year Built2007
Building ClassB
Stories2
Square Feet4109
ZoningC2-1-CA
TenancySingle
Occupancy100%
Building(s)1
APN4226-009-021
Tenant(s)Bev

The Property is 100% leased by the Alixir Company (“Bev”), which recently signed a new 10-year lease with one FMV option to extend their commitment to the Property.

Bev, is a female-founded beverage company that offers multiple options of California canned wines. The company was founded in 2017, and as of 2021, it already supplies drinks to 2,097 retail stores across the United States. The Property is the corporate headquarters of Bev.

Investors are presented with the opportunity to acquire one of the most ideally located assets in the Venice submarket while receiving more than 9.5 years of weighted average remaining lease term from a NNN-leased tenant that has demonstrated robust growth.

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