Description

PRICE REDUCTION.. YOUR CHANCE TO STEAL!!! This is a small neighborhood shopping center that is 100% occupied with approximately 81% occupied by County Services, including a Library. The county leases are increasing annually with cpi, which of course, increases the net return. The county has 2 leases. One is up 09/30/2011 and the other is up 8/31/2010 but I have been assured that they will extend at least, another 2 years. Can be a contingency in the offer.

UPDATE!! UPDATE!!! 1,000,000 SQUARE FEET OF CARGO PROCESSING SPACE HAS JUST BEEN COMPLETED. AND, DR PEPPER AND SNAPPLE ARE CONSTRUCTING APPROXIMATELY 700,000 SQUARE FEET. THE WALLS ARE UP AND JUST ACCOMODATE THEM, A NEW PLASTICS PLANT IS ON IT'S WAY!! OPPORTUNITY!! OPPORTUNITY!!!
Neighborhood Shopping Center in the little city that is on the verge of exploding. Within +- 1 mile of SCLA, the new cargo base that is expanding daily. Many Fortune 500 companies are expanding facilities at the airport so the future is poised for rapid expansion. There is a new railroad spur being constructed so that cargo can be shipped from Long Beach for overseas shipments. General Electric is building an Engine Flight Test Center which will employ High Tech personnel that will need housing and all related services. This is an excellent opportunity to be at ground zero with minimal expenditure..