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16623 Bellflower Boulevard, Bellflower, CA
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16623 Bellflower Boulevard
Bellflower, CA 90706 - Mid-Cities Submarket
.13 AC (5,545 SF)
For Sale Price:
Brookfield Partners and BRC Advisors is pleased to present a court ordered and liquidation sale. The building is currently being used as a furniture store and occupied by the seller. A single tenant building totaling 5,472 square feet with excellent exposure and tons of free rear parking for its patrons. An Investor could stabilize the asset with a new tenant and achieve a 7.87% Cap Rate with $1.00 NNN rents. On the other hand, an Owner-user buyer could occupy 51% or more of the square footage and have an occupancy cost of $.95 per square foot before the tax advantages of ownership.
A public parking lot is located the rear of the building and the subject property has great rear exposure and access as well.
Offering Memorandum attached with all further details.
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