413 W Whittier Blvd - Retail FOR SALE
Montebello, CA 90640 |
413 W Whittier Blvd
Montebello, CA 90640
HIGHLIGHTS
- OWNER-USER OR INVESTMENT OPPORTUNITY - Unit 104 is Seller-occupied, with the Seller open to a six-month leaseback to provide transition flexibility
- DENSE INFILL TRADE AREA WITH ESTABLISHED RETAIL BASE - Nearby grocery, banking, dining, automotive, and entertainment uses support long-term viability
- MARK-TO-MARKET CAPTURE POTENTIAL - Approximately $20,700 of incremental annual NOI achievable through leasing to current market rents
- PARKING AND ACCESS ADVANTAGES - Approximately 15 on-site parking spaces
- PROMINENT CORNER LOCATION - Surrounded by national retail anchors including Bank of America, CVS, AT&T, Wells Fargo, and Chevrolet
- E-COMMERCE-RESISTANT TENANT MIX WITH NEAR-TERM UPSIDE - Necessity-based and service-oriented tenants reduce exposure to online retail disruption
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Montebello Shopping Center
PROPERTY TYPE
Retail
ADD'L SUBTYPES
Freestanding, Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
8252
STORIES
1
YEAR BUILT
1992
SPRINKLERS
-
PARKING SPACES
15
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
6349-004-023
