5810-5820 Imperial Hwy - Storefront FOR SALE


South Gate, CA 90280
$2,785,000 USD
949-610-9888
5810-5820 Imperial Hwy, South Gate, CA for Sale
$2,785,000 USD
Storefront - FOR SALE
1/7
null | 6% Cap Rate

5810-5820 Imperial Hwy
South Gate, CA 90280


OVERVIEW

Excellent neighborhood retail plaza located at busy Imperial Hwy and corner of Vulcan Street. 100% leased to 6 long-term tenants with strong business models: Auggie's Bar, Family Dentistry, Barber Code, Modern Ink Tattoo, Pet's Market and GG's Lashes. All tenants have been in place for many years and have signed long-term leases, there's no tenant turn-over for the last five years. This is a very stable income producing property. The plaza is located at a dense neighborhood of South Gate, surrounded by strong commercial and residential presence. Property has a corner lot with easy access to 105 Fwy, 5 Fwy and 710 Fwy. Noted this is an older property, Seller may be willing to provide Buyer an improvement credit , at closing, toward new roof and new paint so to make this an updated and better property. Don't miss this excellent investment opportunity.

FOR SALE DETAILS

PRICE

$2,785,000 USD

PRICE/SF

$310 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

100% Occupied Retail Plaza w/ Long-term Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

M2, South Gate

APN/PARCEL ID

6234-004-034

ASK ABOUT THIS PROPERTY

Jane WengChannel Investment GroupMore Info
949-610-9888

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Jane WengChannel Investment GroupMore Info
949-610-9888

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