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11432 Paramount Blvd 4,180 SF Retail Building Downey, CA 90241 $2,000,000 ($478.47/SF) 5.60% Cap Rate
Investment Highlights
- Fee-simple ownership with an absolute NNN lease structure
Executive Summary
This purpose-built automotive facility offers a prime investment opportunity in the heart of Downey’s main commercial corridor. The ±4,180 SF single-story building sits on a ±0.33-acre parcel and features three service bays equipped with hydraulic lifts, 14 surface parking spaces, and excellent visibility along Paramount Boulevard with traffic counts exceeding 30,735 CPD. Built in 2001, the property benefits from modern construction and a strategic location just one block from the major signalized intersection of Paramount Blvd and Firestone Blvd (combined 73,870 CPD). Surrounding retailers include Stater Bros., CVS, Grocery Outlet, Shake Shack, and Porto’s Bakery, reinforcing strong co-tenancy appeal.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,180 SF
Building Class
C
Year Built
2001
Price
$2,000,000
Price Per SF
$478.47
Cap Rate
5.60%
NOI
$112,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
0.33 AC
Zoning
M2 - Commercial
Parking
14 Spaces (3.35 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Signage
Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 6255-006-025 | Improvements Assessment | $1,093,196 |
| Land Assessment | $361,929 | Total Assessment | $1,455,125 |
Property Taxes
Parcel Number
6255-006-025
Land Assessment
$361,929
Improvements Assessment
$1,093,196
Total Assessment
$1,455,125
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11432 Paramount Blvd
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