12205 Centralia St - Storefront Retail/Office FOR SALE
Lakewood, CA 90715 |
12205 Centralia St
Lakewood, CA 90715
HIGHLIGHTS
- Value Add Opportunity - Roughly 20% Upside by bringing rents to market and converting to NNN leases
- Prime 2,346 Square Foot End Month to Month Tenancy - Opportunity to Mark to Market Immediately
- 6.42% Current Cap Rate
- Clear Path to 7.59% Cap Rate Year 2 - End Cap Month to Month
- Abundant Parking - 135 Total Shopping Center Parking Spaces
- Traffic Counts Between 16K - 21K Vehicles Per Day
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
First Time on Market in 40+ Years | Value-Add
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Office
ADD'L SUBTYPES
Storefront, Supermarket
TOTAL BUILDING SIZE
14220
STORIES
1
YEAR BUILT
1961
SPRINKLERS
-
PARKING SPACES
55
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
7057-008-016
