10830 Santa Monica Boulevard
Newly constructed dual drive-thru 7 Brew Coffee in Brownwood, Texas, offered at $1,683,000 at a 6.00% cap ($101,000 NOI). The single-tenant asset is secured by a 15-year absolute NNN ground lease with 10% rent increases every five years and zero landlord responsibilities. The structure is fully passive and management-free, which suits out-of-state and 1031 buyers.
Built in 2025, the 510 SF building sits on a 44,431 SF (1.02-acre) C-1 parcel with 12 parking spaces along Commerce Street (US-84/US-377), Brownwood's primary commercial corridor. The trade area is anchored by Walmart Supercenter, Home Depot, and United Supermarkets, with neighboring national QSR brands such as Chick-fil-A, McDonald's, Whataburger, and Starbucks. About 36,000 residents live within ten miles.
- 15-year absolute NNN ground lease with zero landlord responsibilities
- 10% rent increases every five years
- New 2025 construction, dual drive-thru
- Leased-fee ownership; passive, 1031-eligible income
- Anchored corridor alongside Walmart Supercenter and Home Depot
- --
- Prime owner-user and investment opportunity on Santa Monica Boulevard in West Los Angeles, offered at $8,000,000. The 15,295 SF single-level retail building sits above 44 covered parking spaces and includes a loading dock, passenger and freight elevators, and exceptional frontage along one of the area's busiest commercial corridors. Zoned C2 with Transit Oriented Communities Tier 3 designation, the property allows up to a 6:1 floor area ratio, offering significant redevelopment and mixed-use potential.
- The vacant building provides immediate occupancy flexibility or the opportunity to secure a new tenant without lease rollover concerns, suitable for retail, medical, office, creative office, educational, or flex space uses. Located on a 15,475 SF lot, the property benefits from strong daily traffic of approximately 56,556 vehicles per day and proximity to major demand drivers including UCLA Research Park, Westfield Century City, and affluent Westside neighborhoods. The surrounding trade area supports average household incomes of nearly $186,700 within three miles, with convenient access to Interstate 405 and Interstate 10.
- Highlights:
- Rare owner-user opportunity on Santa Monica Boulevard's prime commercial corridor
- 15,295 SF single-level building with 44 covered parking spaces
- C2 zoning with TOC Tier 3; up to 6:1 FAR for redevelopment potential
- 56,556 vehicles per day; $186,700 average household income within three miles
- Near UCLA Research Park, Westfield Century City, and I-405/I-10 access
More property details
Location
This prime owner-user and investment opportunity offers a rare chance to acquire a vacant commercial property in the highly sought-after West Los Angeles market along Santa Monica Boulevard, just minutes from Century City, Beverly Hills, and Westwood. In an area where owner-user opportunities are scarce, the property provides immediate occupancy or the flexibility to secure a new tenant without lease rollover concerns, making it well suited for retail, medical, office, creative office, educational, or flex space users. The building enjoys outstanding frontage and visibility along one of West Los Angeles’ busiest commercial corridors, benefiting from strong daily traffic and a well-established infill location. Its strategic position near major demand drivers, including UCLA Research Park, Westfield Century City, and affluent Westside neighborhoods, with convenient access to Interstate 405 and Interstate 10, supports long-term occupancy and investment appeal. The approximately 15,295-square-foot single-level building is situated above covered parking and includes around 44 covered parking spaces, a loading dock, and both passenger and freight elevators, providing excellent functionality for a variety of commercial uses. Zoned C2 with Transit Oriented Communities (TOC) Tier 3 designation, the property allows for up to a 6:1 floor area ratio, offering significant future redevelopment and mixed-use potential. Additionally, the location benefits from traffic counts of approximately 56,556 vehicles per day and strong surrounding demographics, with average household incomes of nearly $186,700 within a three-mile radius, making it an attractive long-term opportunity for both investors and owner-users.