1200-1210 W Beverly Blvd - Retail FOR SALE


Montebello, CA 90640
$9,000,000 USD
909-239-9104
1200-1210 W Beverly Blvd, Montebello, CA for Sale
$9,000,000 USD
Retail - FOR SALE
1/9
null | 5.8% Cap Rate

1200-1210 W Beverly Blvd
Montebello, CA 90640


OVERVIEW

Compass Commercial is proud to present an exceptional investment opportunity in Montebello, California, featuring a well maintained commercial center with four established tenants. The property generates a robust annual income of $529,214, offering investors a stable and lucrative revenue stream. Situated in Montebello, a thriving community with a strong economic base, the property benefits from excellent visibility and accessibility, attracting a diverse tenant mix and steady foot traffic. The center hosts four reliable tenants, each contributing to the property’s consistent income. This diverse tenant base ensures reduced risk and enhances the investment’s stability. With an impressive annual income of $529,214, the property delivers a solid financial performance. The 5.8% capitalization rate further underscores its attractiveness as a high-yield investment. Montebello’s ongoing development and economic growth present opportunities for future value appreciation. Investors can capitalize on the area’s expanding market and increasing demand for commercial spaces. The property’s established tenant relationships and strategic location provide a secure investment environment, making it an ideal addition to any real estate portfolio. This Montebello center represents a compelling investment opportunity, offering a blend of stable income, growth potential, and strategic location. Investors seeking a reliable and profitable asset will find this property to be an excellent addition to their portfolio.

FOR SALE DETAILS

PRICE

$9,000,000 USD

PRICE/SF

$433 USD /SF

CAP RATE

5.8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

66

LAND DETAILS

LAND ACRES

1.25 AC

LAND SF

54,450 SF

ZONING

R3

APN/PARCEL ID

5294-015-059

ASK ABOUT THIS PROPERTY

Greg EngelThe AgencyMore Info
909-239-9104

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Greg EngelThe AgencyMore Info
909-239-9104

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.