Storefront For Sale • 9,618 SF
Opportunity to Maximize Value: With all 5 tenants currently on modified gross leases, an investor is offered a prime opportunity |
Below Market Rents: The existing leases are below market rates, presenting an additional value-add opportunity for a buyer to increase rental income |
Short Term Leases: With three tenants on month-to-month leases and another tenant having just ±1.5 years of term left |
High-Traffic Area: Surrounded by a mix of national and local businesses, commercial properties, and densely populated residential neighborhoods |
Strong Demographics: This property offers excellent visibility as the 5-mile population is over 900,000 and in addition to the local businesses |
Strong Growth Potential: Located in a thriving retail corridor with excellent exposure, making it an ideal investment for long-term appreciation |
Tenant | SF Occupied | Lease End Date |
---|---|---|
Abc Hardware | ||
La Vaquita Mini Market | ||
Salon J-Rotika |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Commerce (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) | 13 min | - | 6.0 mi |
Norwalk/Santa Fe Springs (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) | 12 min | - | 7.2 mi |
Airport | Drive | Walk | Distance |
Long Beach (Daugherty Field) | 14 min | - | 7.3 mi |
Los Angeles International | 21 min | - | 15.8 mi |
Bob Hope | 38 min | - | 28.7 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 14 |
Type: | Surface |
Included in Rent: | Yes |