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5726 Holmes Avenue

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5726 Holmes Avenue | Los Angeles, CA

$0

1,526 SQ.FT.

One (1) year to three (3) year term. Rent increase of X% each year, where X=CPI. Triple Net. All potential tenants must meet the following criteria: 1. Possess a current business license in the state of California and the City of Los Angeles. 2. Ability to pay rent: a. For start-ups: possess a good credit standing of 650 or better. For existing businesses: possess a reliable source of revenue and/or funding. Both: Demonstrate reliable revenue and funding sources. b. Stable relations with colleagues, suppliers, clients, unions, and/or trade associations in tenant’s industry. 3. Must consent to comprehensive criminal background check. Tenants must produce the following documentation, disclosures, and affidavits to verify that they meet the above criteria. 1. Incorporation documents. Including names and contact information for owners, executives, and board members 2. Demonstrate ability to pay rent: a. For existing businesses: 2017 and 2016 tax returns. For start-ups and businesses younger than a year: business plan with financial analysis. Consent to credit check. i. Both must disclose and verify primary funding and revenue sources by producing most recent cash and operating budgets.b. List two (2) industry references with name, title, organization/corporation and/or provide letters of recommendation on official letterhead. Tenants intending to conduct commercial cannabis activity on the premises must meet the following criteria in addition to the above. (Con't in remarks)
Listing Provided by John Denault, West Shores Realty, Inc.

Based on information from California Regional Multiple Listing Service, Inc. as of November 30, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.