Rare opportunity to acquire a clean California corporation with long-term leasehold rights at a prime retail-style office location in Tarzana, CA. Sale includes:
Ongoing Verizon Wireless sublease income of $500/month.
Exclusive rights to rent-free use of office (first floor, retail-like office space, approx. $1,500/month market value).
Contractual entitlement to a $33,000 commission payout from the building owner upon formal termination of Office.
Corporate ownership of long-term contracts tied to the property, including upside opportunity to negotiate a buyout of Verizon’s rooftop rights with the building owner.
This is an ideal acquisition for investors, professionals, or wireless lease buyers looking for a cash-flowing corporate vehicle and leverage in negotiating future wireless lease sales.