13307 Paramount Blvd - Retail FOR SALE


South Gate, CA 90280
$1,850,000 USD
949-930-4371
13307 Paramount Blvd, South Gate, CA for Sale
$1,850,000 USD
Retail - FOR SALE
1/1
null | 6% Cap Rate

13307 Paramount Blvd
South Gate, CA 90280


HIGHLIGHTS

  • Corner Location

OVERVIEW

VALUE-ADD RETAIL CENTER ON PROMINENT STREET IN SOUTHGATE, CA • 7,285 square foot multi-tenant, ten-unit shopping center with service and food tenants. COMPLEMENTARY MIX OF INTERNET-RESISTANT TENANTS • 100% of the tenants have been at the center for 10+ years, showing commitment and long-term stability EXCELLENT VALUE-ADD INVESTMENT OPPORTUNITY • All of the tenants are on short-term or month-to-month leases, offering a prospective investor a multitude of positioning options in the near future CENTRAL FREEWAY ACCESSIBLE LOCATION • Approximately 750 feet north of the 105 Freeway (220,000+ cars per day) and 1 exists West of the 710 Freeway (230,0000+ cars per day) EXCELLENT ACCESSIBILITY, IDENTITY, AND VISIBILITY • The Property benefits from two points of ingress/egress and one prominent monument sign along Paramount Boulevard. Strategically located on a T-Intersection with Left-hand traffic Lights allow ease of entrance from all direction. DENSE INFILL LOCATION WITH GREAT DEMOGRAPHICS • Close to 800,000 people within a 5-mile radius

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$254 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lucky 7 Liquor Plaza

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

HSPA

APN/PARCEL ID

6243-038-028

ASK ABOUT THIS PROPERTY

Randy EllisonCushman & WakefieldMore Info
949-930-4371

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Randy EllisonCushman & WakefieldMore Info
949-930-4371

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