8701-8729 Washington Blvd - Storefront FOR SALE


Pico Rivera, CA 90660- El Rancho
$4,245,000 USD
818-324-5386
8701-8729 Washington Blvd, Pico Rivera, CA for Sale
$4,245,000 USD
Storefront - FOR SALE
1/5
null | 5.5% Cap Rate

8701-8729 Washington Blvd
Pico Rivera, CA 90660
El Rancho


HIGHLIGHTS

  • High Visibility
  • Near major retail tenants - WalMart, Target, Lowe's, Aldi and more
  • High Traffic
  • No Deffered Maintenance
  • Upside Potential through lease up of vacant unit

OVERVIEW

SVN is proud to present a prime investment opportunity in Pico Rivera, CA. This well-maintained property features a 10,650 SF building boasting 7 units, ideal for any retail use. Built in 1978 and zoned CG - General Commercial, it o?ers versatility and potential for a wide range of businesses. Located in the thriving area of Pico Rivera, across the street from the Pico Rivera Towne Center featuring WalMart, Target, Lowe's, Aldi and numerous chain retailers, this property currently enjoys a solid 77% occupancy, presenting a strong foundation for immediate returns and future growth. Don't miss the chance to invest in this established commercial space with signi?cant potential for value enhancement and revenue generation.

FOR SALE DETAILS

PRICE

$4,245,000 USD

PRICE/SF

$399 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

41

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

27,878 SF

ZONING

CC

APN/PARCEL ID

6370-024-033

ASK ABOUT THIS PROPERTY

Christian HayesSVN | Rich Investment Real Estate PartnersMore Info
818-324-5386

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Christian HayesSVN | Rich Investment Real Estate PartnersMore Info
818-324-5386

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