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1900 E Alondra Blvd Compton, CA 90221 1900 E Alondra Blvd 12,063 SF Retail Building Compton, CA 90221 $4,195,000 ($347.76/SF) 6.50% Cap Rate
Investment Highlights
- Proposed Sale-Leaseback | Day-One Income- 100% occupied at close under Absolute NNN structure; buyer receives $22,723/month from day one
- 10% Rent Escalation Every 5 Years- Lease escalates to $362,931 by Year 20; built-in inflation protection over 40-year potential lease term
- The grocery/specialty market operator intends to remain as a long-term NNN tenant, with the NNN lease commencing at COE
- $272,675 Annual NNN Rent | $22.60/SF- All taxes, insurance, maintenance and utilities paid by tenant; zero landlord management responsibility
- Freeway-Proximate Location- Direct access to I-710 and I-110; dense residential catchment within 3-mile radius
Executive Summary
Williams Capital Advisors and Keller Williams-Hollywood Hills are pleased to present for sale 1900-1908 E Alondra Blvd, a 12,063-square-foot single-tenant retail building situated on 29,719 square feet (1.01 acres) of contiguous land across three parcels in Compton, California. Built in 2005 with tilt-up precast concrete construction- a build quality rarely encountered in this submarket- the property features 43 dedicated parking spaces at a ratio of 3.56 per 1,000 square feet.
The property is offered with an executed sale-leaseback structure. The sale is conditioned upon the seller, a grocery and specialty market operator, executing a 20 years Absolute NNN lease, effective upon the close of escrow at $272,675 annually ($11.04/SF), with 10% every 5 years rent escalations and four 5-year renewal options. At the $4,195,000 asking price, the SLB structure implies a 6.50% going-in cap rate- positioning the asset as a compelling yield play for 1031 exchange buyers and private investors seeking day-one income with zero management burden. The operator has committed to a long-term NNN lease commencing at COE, delivering the real estate as a pure investment asset with triple-net expense recovery.
The property is offered with an executed sale-leaseback structure. The sale is conditioned upon the seller, a grocery and specialty market operator, executing a 20 years Absolute NNN lease, effective upon the close of escrow at $272,675 annually ($11.04/SF), with 10% every 5 years rent escalations and four 5-year renewal options. At the $4,195,000 asking price, the SLB structure implies a 6.50% going-in cap rate- positioning the asset as a compelling yield play for 1031 exchange buyers and private investors seeking day-one income with zero management burden. The operator has committed to a long-term NNN lease commencing at COE, delivering the real estate as a pure investment asset with triple-net expense recovery.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Supermarket
Building Size
12,063 SF
Building Class
C
Year Built/Renovated
1949/2005
Price
$4,195,000
Price Per SF
$347.76
Cap Rate
6.50%
NOI
$272,675
Tenancy
Single
Building Height
1 Story
Building FAR
0.41
Lot Size
0.68 AC
Zoning
CL, Compton
Parking
31 Spaces (3.03 Spaces per 1,000 SF Leased)
Frontage
Walk Score®
Very Walkable (81)
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,376,767 | |
| Land Assessment | $1,012,661 | Total Assessment | $2,389,428 |
Property Taxes
Parcel Numbers
Land Assessment
$1,012,661
Improvements Assessment
$1,376,767
Total Assessment
$2,389,428
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1900 E Alondra Blvd Compton, CA 90221 | 1900 E Alondra Blvd
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