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1045 W Gardena Blvd 1,160 SF Retail Building Gardena, CA 90247 $699,000 ($602.59/SF) 4% Cap Rate
INVESTMENT HIGHLIGHTS
- New Roofing
- Excellent space for retail, medical or dental office
- 1 mile from 110 and 91 Freeways
- Large fenced extra space behind the building for multiple use
- Commercial / Residential space
- Gardena Blvd frontage
EXECUTIVE SUMMARY
Great location in the heart of central Gardena. Steady income and great strip retail attraction. Rare opportunity for owner user or income property investor to purchase this Single Tenant NNN leased to a formal wear retail until Nov 2025 (Tenant is willing to move out before the expiration of the Lease upon the request). The property is located at 1045 W Gardena Blvd. The property is a total of 1160 square feet on a 0.08 acres parcel with large fenced extra space behind the building for multiple use. New roofing. A great location to open a retail shop, coffee shop, or an office. Potential to build two mix-use commercial residential buildings or one mix-use commercial residentail building front and one residential building back. Please Drive by Only. Please do not disturb the tenant.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,160 SF
Building Class
B
Year Built
1934
Price
$699,000
Price Per SF
$602.59
Cap Rate
4%
NOI
$27,960
Tenancy
Single
Building Height
1 Story
Building FAR
0.33
Lot Size
0.08 AC
Zoning
GACR - CR Zone (Commercial-Residential), Street front commercial / residential space.
Parking
5 Spaces (4.31 Spaces per 1,000 SF Leased)
Frontage
26’ on W Gardena Blvd
AMENITIES
- Bus Line
- Signage
Walk Score®
Very Walkable (80)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 6113-020-025 | Improvements Assessment | $85,804 |
| Land Assessment | $257,425 | Total Assessment | $343,229 |
PROPERTY TAXES
Parcel Number
6113-020-025
Land Assessment
$257,425
Improvements Assessment
$85,804
Total Assessment
$343,229
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1045 W Gardena Blvd
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