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12040 Paramount Blvd
Downey, CA 90242
Strip Center 7.78% Cap In-Place & Owner User · Retail Property For Sale
Investment Highlights
- Generous Parking Ratio and Visibility
- Stablized Leased Investment 7.06% Cap Rate - w/NNN leases on 76% of RSF
- Ideal Owner User - up to 65% of the leases expiring by May 2025
- Adjacent to Heavy Foot Traffic - Shakey's Pizza and Extremely Popular Tempo Cantina
Property Facts
Property Type
Retail
Property Subtype
Building Size
5,125 SF
Building Class
C
Year Built/Renovated
1965/2023
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
0.37 AC
Zoning
DOC1 - Commercial
Parking
16 Spaces (3.12 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 6259-003-054 | Improvements Assessment | $487,093 |
| Land Assessment | $1,082,432 | Total Assessment | $1,569,525 |
Property Taxes
Parcel Number
6259-003-054
Land Assessment
$1,082,432
Improvements Assessment
$487,093
Total Assessment
$1,569,525
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