8923 Mission Dr - Department Store FOR SALE


Rosemead, CA 91770
$1,700,000 USD
310-562-9630
8923 Mission Dr, Rosemead, CA for Sale
$1,700,000 USD
Department Store - FOR SALE
1/14
null | Request Cap Rate

8923 Mission Dr
Rosemead, CA 91770


HIGHLIGHTS

  • Located on a Corner Lot with Traffic of Approx. 50,000 Cars Per Day!
  • The Property Previously was 2 Suites, but is Currently Used as 1
  • Current Tenant has Occupied Since 1999
  • Spacious Parking Lot with 16 Spaces
  • Well Maintained Property That Can be Used in Multiple Ways: Retail, Office, Restaurant, etc (Buyer to Verify)
  • Excellent Signage Opportunity

OVERVIEW

Rare opportunity to purchase a Commercial property in the heart of Rosemead! Located near the intersection of Mission Dr and Rosemead Blvd, this 4,020 SF property sits on 11,241 SF and offers 16 parking spaces. Amazing location near Rosemead High School. The property is currently tenant occupied by a WIC store until September of 2025, with one 3 year lease option at market rate. Owner is currently in negotiations to extend the lease for 3 more years. An excellent investment with future owner-user or value add potential.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$423 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Commercial Property in Prime Rosemead!

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Department Store

ADD'L SUBTYPES

Convenience Store, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,241 SF

ZONING

RMC1*

APN/PARCEL ID

5389-017-005

ASK ABOUT THIS PROPERTY

Dana CoronadoCompass CommercialMore Info
310-562-9630

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Dana CoronadoCompass CommercialMore Info
310-562-9630

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