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10200 Paramount Blvd
Downey, CA 90241
Chase Bank · Retail Property For Sale
Investment Highlights
- Chase Bank has occupied the site for over 40 years and signed a new 5-year lease with 3% annual increases
- One of the most highly-traveled commercial intersections in the trade area. Provides direct access to four major freeways
- Oversized land parcel comprised of over 32,000 SF of land
- Zero Landlord Responsibilities - NNN lease with tenant maintaining all aspects of the property
- Hard corner location at Florence Ave and Paramount Blvd with traffic counts exceeding 77,000 CPD
- Affluent demographics - median home price in Downey is approx. $760,000
Property Facts
Property Type
Retail
Property Subtype
Building Size
11,462 SF
Building Class
C
Year Built
1986
Tenancy
Single
Building Height
1 Story
Building FAR
0.35
Lot Size
0.74 AC
Zoning
DOC3
Frontage
200’ on Florence Avenue
Amenities
- Banking
- Signage
- Signalized Intersection
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,843,271 | |
| Land Assessment | $401,383 | Total Assessment | $2,244,654 |
Property Taxes
Parcel Numbers
Land Assessment
$401,383
Improvements Assessment
$1,843,271
Total Assessment
$2,244,654
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