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- LoopNet Team
2232-2240 S Central Ave
Compton, CA 90220
Compton Crossroads · Retail Property For Sale

PROPERTY FACTS
- Storefront
- General Retail Freestanding
ABOUT 2232-2240 S CENTRAL AVE , COMPTON, CA 90220
Kidder Mathews is pleased to offer for sale the fee simple interest in Compton Crossroads (the “Property”), centrally located in the City of Compton, Los Angeles County, California. Compton Crossroads is a newly constructed high-image free standing NNN retail pad investment opportunity. This best in class retail asset is 100% leased to over 88% regional and national credit tenants that includes Dunkin Donuts, Waba Grill, Jimmy John’s, Juice C Juice and National Vision, Inc. The property is a 9,640 square foot pad building situated on a high-profile 34,238 square foot signalized corner land parcel located in a larger retail center co-anchored by IN-N-OUT Hamburger (NAP), El Pollo Loco (NAP) and a free standing AutoZone (NAP). Compton Crossroads pad opportunity offers investor a stable income stream with long term corporate guaranteed NNN leases, providing ease of management and is an ideal investment for a 1031 exchange or passive investors. All the regional and National tenants have 10 years leases with multiple option periods allowing for long term security and stability. Dunkin Donuts and National Vision Inc have set rental increase every five years. Waba Grill, Jimmy John’s and Juice C Juice have annual rental increases. The property is strategically positioned with significant frontage and visibility along Central Ave, Artesia Blvd and the 91 Freeway with over 62,000 car per day traffic counts. Additionally, Compton Square is located at the on/off ramp of the 91 Freeway, one of the most heavily traffic North/South corridor Freeway in Southern California with daily traffic counts in-excess of 198,000 cars per day. Compton Crossroads is positioned within the heart of the Los Angeles metro area. The property is centrally located within Los Angeles county with an exceptionally dense residential and commercial infill population of over 698,967 people having an average household income in-excess of $70,757 (5-mile). Situated just 30 minutes to Downtown Los Angeles and 30 minutes to Orange County, the property’s location also benefits from convenient access to nearly all the area’s primary freeways inclusive of 91 Freeway, 110 Freeway, 405 Freeway and 710 Freeway. Additionally, the site is surrounded by synergistic mix of businesses, residences, California State University Dominguez Hills (14,364 Students) and Dignity Health Sports Park (home to Los Angeles Galaxy).
PROPERTY TAXES
| Parcel Number | 7319-003-111 | Improvements Assessment | $3,040,334 |
| Land Assessment | $5,249,500 | Total Assessment | $8,289,834 |
PROPERTY TAXES
Listing ID: 16719163
Date on Market: 7/25/2019
Last Updated:
Address: 2232-2240 S Central Ave, Compton, CA 90220
The Retail Property at 2232-2240 S Central Ave, Compton, CA 90220 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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