12202 Paramount Blvd - Freestanding FOR SALE
Downey, CA 90242 |
12202 Paramount Blvd
Downey, CA 90242
HIGHLIGHTS
- Anchored by Mothers Nutritional Center with 80+ locations.
- Located in the desirable city of Downey with over 1.9M SF of retail with only a 2.3% vacancy rate (source: Costar).
- All tenants are on NNN leases with annual rental increases.
- Strategically located within a densely populated area with over 276,840 residents within 3 miles, with average household incomes exceeding $98,000.
- 100% Leased to credit tenants and located at a busy signalized intersection.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
$200K PRICE REDUCTION
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Convenience Store, Storefront
TOTAL BUILDING SIZE
5947
STORIES
1
YEAR BUILT
2020
SPRINKLERS
-
PARKING SPACES
19
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
6259-007-075
