Address:City, State Zip:Los Angeles, CALatitude, Longitude:,
Billboard Details
Sign Type:BulletinTraffic Headed:North, South, East and WestConstruction Type:Steel MonopoleIlluminated:YesNumber of Displays:5Average Size (Height x Width):14ft x 48ftAvailable:AvailableAnnual Advertising Revenue:
N/AAsking Price:
N/ALand Rights:LeaseAnnual Lease Costs:$0Comments:
The sellers own 25% of 5 billboard structures in the LA metro.
Outfront fully manages and operates the LA Portfolio. The 25% ownership being sold now is a completely passive investment in the LA OOH market. The highlight of the portfolio is an Outfront Prime bulletin on Ventura Blvd. The owners are being paid exclusively from the portfolio's net income, which has averaged $134,970 over the past three (3) years. A potential buyer will receive 25% of the net income. $134,970 net income x 25% = $33,742,
Please feel free to contact SignValue Broker Jared Pace with any questions you may have. Jared can be reached at 480-326-6507 or Jared@SignValue.com. Video: