3280 Tweedy Blvd - Retail FOR SALE


Lynwood, CA 90262
$3,980,000 USD
949-724-5552
3280 Tweedy Blvd, Lynwood, CA for Sale
$3,980,000 USD
Retail - FOR SALE
1/8
null | 5.2% Cap Rate

3280 Tweedy Blvd
Lynwood, CA 90262


HIGHLIGHTS

  • Shops to AutoZone – 7 Tenant Retail Strip Center - Value Add Opportunity - Short Term and MTM Leases
  • Long Term Tenancy - Avg. Occupancy Exceeding 12 Years
  • First Time on the Market in 56 Years
  • Strong Rental Growth - Annual CPI Rent Bumps
  • Dense Infill Urban Trade Area – High Traffic Location - Population Exceeding 953,400 within a 5-Mile Radius

OVERVIEW

Shops to AutoZone – 7 Tenant Retail Strip Center • Value Add Opportunity - Short Term and MTM Leases • Long Term Tenancy - Avg. Occupancy Exceeding 12 Years • First Time on the Market in 56 Years • Strong Rental Growth - Annual CPI Rent Bumps • 7,606 SF Building on 0.58 Acre Parcel Dense Infill Urban Trade Area – High Traffic Location • Population Exceeding 953,400 within a 5-Mile Radius • Surrounded by multiple High Schools, Middle and Elementary Schools • Near Major Intersection of Tweedy Blvd and Long Beach Blvd(52,200 AADT) • Positioned Along Recently Revitalized Tweedy Mile • Historic Downtown Business & Shopping District • Average Household Income Exceeding $90,700 within a 1-Mile Radius Surrounded by Multiple High Schools, Middle and Elementary Schools • Southeast High School - Approx. 2,092 Students Enrolled • Jordan High School - Approx. 2,207 students Enrolled • South Gate High School - Approx. 1,768 Students Enrolled • Adjacent to Madison Elementary, Victoria Elementary, Montara Ave Elementary, Southeast Middle School, Dreams Magnet School, and Standford Ave Elementary School

FOR SALE DETAILS

PRICE

$3,980,000 USD

PRICE/SF

$514 USD /SF

CAP RATE

5.2%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shops to AutoZone

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Convenience Store, Drug Store, Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,335 SF

ZONING

LYC3*

APN/PARCEL ID

6208-001-022

ASK ABOUT THIS PROPERTY

Jereme SnyderColliersMore Info
949-724-5552

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Jereme SnyderColliersMore Info
949-724-5552

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