15436 Whittier Blvd - Restaurant FOR SALE


Whittier, CA 90603- East Whittier City
$4,900,000 USD
562-353-9064
15436 Whittier Blvd, Whittier, CA for Sale
$4,900,000 USD
Restaurant - FOR SALE
1/9
null | 5.61% Cap Rate

15436 Whittier Blvd
Whittier, CA 90603
East Whittier City


HIGHLIGHTS

  • NNN Investment
  • Redevelopment Potential
  • Main Whittier

OVERVIEW

First time on the market in three generations - rare opportunity to acquire a long-standing NNN asset on main Whittier Boulevard. Nestled in Whittwood Town Center directly benefitting from dense, stable, high-income surrounding neighborhoods, and power center anchors. Investment Characteristics: - Predictable rent escalations. - Corporate-backed NNN lease. - Low management burden. Minimal Landlord responsibilities. - East Whittier / Friendly Hills submarket. - Legacy piece with redevelopment potential as a single-parcel pad. - Proven decades long performance with consistent cash flow. - High-visibility with 42,000 VPD

FOR SALE DETAILS

PRICE

$4,900,000 USD

PRICE/SF

$892 USD /SF

CAP RATE

5.61%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

RARE NNN Investment - Mimi's Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Freestanding, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,342 SF

ZONING

Commercial

APN/PARCEL ID

8230-028-047

ASK ABOUT THIS PROPERTY

Hira KhanDivinus Real Estate SolutionsMore Info
562-353-9064

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Hira KhanDivinus Real Estate SolutionsMore Info
562-353-9064

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