9345-9361 Alondra Blvd - Storefront FOR SALE


Bellflower, CA 90706
$5,200,000 USD
818-681-1222
9345-9361 Alondra Blvd, Bellflower, CA for Sale
$5,200,000 USD
Storefront - FOR SALE
1/4
null | 4.1% Cap Rate

9345-9361 Alondra Blvd
Bellflower, CA 90706


OVERVIEW

Very well kept retail building with 6 units and a billboard, in a desirable section of the City of Bellflower CA. The building is 9276 square feet built on a 0.51 acre lot, and is situated on the NW corner of Alondra Blvd and Clark Avenue. The tenants are long term tenants and include Domino's pizza, Granny's Donuts, Thai Restaurant, Electric Bikes, Hair Salon, and Nail Salon. Improvements in excess of $150,000 have been done among which are: New recessed lighting across the building with new sensors in the electric room; Two of the units were completely remodeled; New 100 feet sewer line which is connected to the street sewer line; Roof was refurbished; Five(5) new HVAC units were installed; Parking Lot to be resurfaced and restriped (this is a work in progress and owners are waiting for the permit to be issued from the City of Bellflower).

FOR SALE DETAILS

PRICE

$5,200,000 USD

PRICE/SF

$561 USD /SF

CAP RATE

4.1%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

CG

APN/PARCEL ID

6271-020-018

ASK ABOUT THIS PROPERTY

Ronald TounianProperty ProsMore Info
818-681-1222

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Ronald TounianProperty ProsMore Info
818-681-1222

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