Hollywood #5584

Description

HOLLYWOOD Leasehold & Improvements - The incredible design and layout of this practice's buildout is unsurpassed and leaves nothing to be desired. Historically, there have been only four dentists in the entire 11-story building; the area is severely underserved, particularly for locals who work in and around the entertainment industry. Most of the other dental practices in the area focused on tourists. The local employers, which are right next door, include Live Nation/ Ticketmaster, WeWork Company, and Ignited Spaces, which has taken over three floors in the building. This building is in high demand. Currently, most dental office focuses on tourism and have been referring out Perio, Endo, Oral Surgery, and Ortho. With parking in such high demand in this high-traffic area, there is an option to validate patient parking in the adjacent parking structure. Patients have historically paid a reduced amount for parking. The building management has historically provided tenants with validation passes at no additional cost. The previous Sellers, who also outgrew this incredible location, had indicated that they had never exceeded their allocated amount. Our current Seller moved to Beverly Hills, and this could be your success story, as history tends to repeat itself. Contact your CPS Broker for more details. Property ID #5584.