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Manchester Plaza 300 W Manchester Blvd 5,300 SF 100% Leased Retail Building Inglewood, CA 90301 $3,050,000 ($575.47/SF) 4.80% Cap Rate
Executive Summary
Situated in the heart of Inglewood, the subject property for sale is a retail building located at the signalized corner of Manchester Blvd. and Eucalyptus Ave. The subject property has high traffic counts of 47,628 and is in close proximity to Downtown Inglewood. The subject was built in 1988, is well maintained and has approximately 5,253 of rentable square feet situated on a 13,918 square foot lot, zoned for commercial use. The subject is an attractive offer for the discerning buyer. It is walking distance to numerous amenities including restaurants, cafes, banks and a mix of retailers. Neighbors include Kia Forum, Sofi Stadium, Intuit Dome, COSM, Hollywood Park Casino and proximate to Space X.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
5,300 SF
Building Class
B
Year Built
1988
Price
$3,050,000
Price Per SF
$575.47
Cap Rate
4.80%
NOI
$146,400
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.38
Lot Size
0.32 AC
Zoning
C2, Inglewood - "Commercial - C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Uses
Parking
19 Spaces (3.51 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
Moderately walkable
60/100
Very drivable
80/100
Good public transit
60/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $612,938 | |
| Land Assessment | $1,308,623 | Total Assessment | $1,921,561 |
Property Taxes
Parcel Numbers
Land Assessment
$1,308,623
Improvements Assessment
$612,938
Total Assessment
$1,921,561
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Contact the Sale Advisor
Manchester Plaza | 300 W Manchester Blvd