12101-12119 Garfield Ave - Storefront FOR SALE
South Gate, CA 90280 |
12101-12119 Garfield Ave
South Gate, CA 90280
HIGHLIGHTS
- 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
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
9850
STORIES
1
YEAR BUILT
1950
SPRINKLERS
-
PARKING SPACES
14
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
6243-010-040
