22211-22219 Avalon Blvd 7,740 SF 100% Leased Retail Building Carson, CA 90745 $2,595,000 ($335.27/SF) 5.78% Cap Rate

22211–22223 S. Avalon Boulevard offers investors the opportunity to
acquire a fully occupied, multi-tenant neighborhood retail property along an
established commercial corridor in Carson, California. The approximately
7,740-square-foot building is situated on approximately 13,068 square feet
of land and is leased to five service, medical and community-oriented uses.
The property is 100% occupied, with all five tenants operating under Triple
Net (NNN) leases and each lease providing contractual rental increases. The
tenant mix consists of a Barber, Dance Studio, Church, Salon and Dentist.
These service-oriented uses depend upon customers, patients, students
or congregants physically visiting the premises, providing a differentiated
income profile from merchandise-oriented retail.
Based on current property operations and normalized operating expenses,
the property is projected to generate approximately $150,000 of forward
annual Net Operating Income. The offering combines current cash flow,
built-in rent growth, staggered lease expirations and meaningful underlying
commercial land.