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13818 San Antonio Dr
Norwalk, CA 90650
Leased Investment w/Upside or User Building · Retail Property For Sale
Investment Highlights
- Excellent Value Add Opportunity
- 2 Parcel Sale w/ +/- 70 Parking Spaces
- MTM and Short-term Tenancy
- Medical or Retail/Office - Owner User Opportunity
Executive Summary
Kidder Mathews and The Kanner Group have been retained as the exclusive agents to market this free-standing retail/office building in Norwalk. The parcels are situated on the San Antonio Drive corridor, just under a half-mile from the 5 Freeway entrance and exit.
The offering is comprised of two separate parcels. The larger parcel is a two-story building with approximately 6,350 SF of second-floor office space and approximately 10,000 SF of ground-floor, multi-tenant retail, with a diverse tenant mix including a liquor store, optometrist, and dog groomer. An adjacent 6,900 SF parking lot, separated by a 20-foot alley, is included. The parcels will be sold together.
The offering is comprised of two separate parcels. The larger parcel is a two-story building with approximately 6,350 SF of second-floor office space and approximately 10,000 SF of ground-floor, multi-tenant retail, with a diverse tenant mix including a liquor store, optometrist, and dog groomer. An adjacent 6,900 SF parking lot, separated by a 20-foot alley, is included. The parcels will be sold together.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
16,348 SF
Building Class
C
Year Built
1969
Price
$3,200,000
Price Per SF
$195.74
Cap Rate
3.67%
NOI
$117,402
Percent Leased
77%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.49
Lot Size
0.76 AC
Zoning
NOC3 + R3-P - Neighborhood Office Commercial
Parking
70 Spaces (4.28 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
Property Taxes
| Parcel Number | 8056-022-033 | Improvements Assessment | $961,476 |
| Land Assessment | $1,081,661 | Total Assessment | $2,043,137 |
Property Taxes
Parcel Number
8056-022-033
Land Assessment
$1,081,661
Improvements Assessment
$961,476
Total Assessment
$2,043,137
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