1900 E Alondra Blvd - Supermarket FOR SALE


Compton, CA 90221- Downtown Compton
$4,195,000 USD
213-308-6687
1900 E Alondra Blvd, Compton, CA for Sale
$4,195,000 USD
Supermarket - FOR SALE
1/28
null | 6.5% Cap Rate

1900 E Alondra Blvd
Compton, CA 90221
Downtown Compton


HIGHLIGHTS

  • Proposed Sale-Leaseback | Day-One Income- 100% occupied at close under Absolute NNN structure; buyer receives $22,723/month from day one
  • $272,675 Annual NNN Rent | $22.60/SF- All taxes, insurance, maintenance and utilities paid by tenant; zero landlord management responsibility
  • 10% Rent Escalation Every 5 Years- Lease escalates to $362,931 by Year 20; built-in inflation protection over 40-year potential lease term
  • Freeway-Proximate Location- Direct access to I-710 and I-110; dense residential catchment within 3-mile radius
  • The grocery/specialty market operator intends to remain as a long-term NNN tenant, with the NNN lease commencing at COE

OVERVIEW

Williams Capital Advisors and Keller Williams-Hollywood Hills are pleased to present for sale 1900-1908 E Alondra Blvd, a 12,063-square-foot single-tenant retail building situated on 29,719 square feet (1.01 acres) of contiguous land across three parcels in Compton, California. Built in 2005 with tilt-up precast concrete construction- a build quality rarely encountered in this submarket- the property features 43 dedicated parking spaces at a ratio of 3.56 per 1,000 square feet. The property is offered with an executed sale-leaseback structure. The sale is conditioned upon the seller, a grocery and specialty market operator, executing a 20 years Absolute NNN lease, effective upon the close of escrow at $272,675 annually ($11.04/SF), with 10% every 5 years rent escalations and four 5-year renewal options. At the $4,195,000 asking price, the SLB structure implies a 6.50% going-in cap rate- positioning the asset as a compelling yield play for 1031 exchange buyers and private investors seeking day-one income with zero management burden. The operator has committed to a long-term NNN lease commencing at COE, delivering the real estate as a pure investment asset with triple-net expense recovery.

FOR SALE DETAILS

PRICE

$4,195,000 USD

PRICE/SF

$348 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1900 E Alondra Blvd Compton, CA 90221

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1949

SPRINKLERS

-

PARKING SPACES

31

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,720 SF

ZONING

CL, Compton

APN/PARCEL ID

7302-001-001,7302-001-005,7302-001-006

ASK ABOUT THIS PROPERTY

Francisco WilliamsWilliams Capital AdvisorsMore Info
213-308-6687

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Francisco WilliamsWilliams Capital AdvisorsMore Info
213-308-6687

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