8428-8456 Alondra Blvd - Freestanding FOR SALE


Paramount, CA 90723
$6,640,000 USD
213-623-0800
8428-8456 Alondra Blvd, Paramount, CA for Sale
$6,640,000 USD
Freestanding - FOR SALE
1/15
null | 6.2% Cap Rate

8428-8456 Alondra Blvd
Paramount, CA 90723


HIGHLIGHTS

  • 16,262 SF Retail Strip Center
  • Highly Visible Corner Location
  • 93.5% Occupied
  • Ample Parking
  • NNN Tenants
  • Amenities Include Drive-Thru, Building Signage & Pylon Signage

OVERVIEW

Situated in Paramount, 8428-8456 E Alondra Blvd is a one-story +/-16,262 square foot retail strip center. The retail strip center includes three freestanding buildings with ample parking. The property is currently 93.5% occupied. Tenants benefit from a parking ratio of 3.5/1,000 SF and enjoy building signage & pylon signage on a highly visible location. The location offers excellent access to the Long Beach (710) Freeway and is within close distance of multiple bus lines and the Metro Line provide convenient public transportation options. The local amenities, including an array of restaurants, coffee shops, and retail shops, make this a well-rounded destination for tenants seeking a vibrant, accessible commercial location. The area has a 88 walk score.

FOR SALE DETAILS

PRICE

$6,640,000 USD

PRICE/SF

$417 USD /SF

CAP RATE

6.2%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

57

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,828 SF

ZONING

PD-PS

APN/PARCEL ID

7103-001-035

ASK ABOUT THIS PROPERTY

Matthew C. SullivanLee & AssociatesMore Info
213-623-0800

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Matthew C. SullivanLee & AssociatesMore Info
213-623-0800

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