3420 Firestone Blvd
South Gate, CA 90280
Strip Center - Add to Structure on Large Lot · Retail Property For Sale

Hudson Partners is pleased to present a total square footage is 29,603 square feet of land with a net parcel of 21,703 and 6,900 square feet is on a ground-lease to Landlord and pays the DWP for its land use. The current Seller/Tenant is paying $250 per month on year-to-year lease. The Tenant/Seller, who occupies the entire premises is City Auto Sales and would be willing to lease-back for a short period, paying base rent and their own utilities. They have been there over 30 years and flexible after closing. The site has tremendous frontage along Firestone Blvd., along with excellent traffic counts exceeding over 48,000 cars per day. There is the potential to add square footage to the sales office which approximately 1,100 square feet and stabilize a new retail strip with a diversified tenant mix and plenty of parking for its patrons. Additionally, there is potential for a large-scale development or a single tenant National Credit Tenant given the density and exposure of this site. On the other hand, an Owner-User Buyer could acquire this property with a 10% down payment, if the buyer elects to purchase with SBA Loan and intents to occupy at least 51% or more of the premises. An Investor can add square footage and create a strip at market rents, so its a value added opportunity and a short term lease back in-place at COE. Across the street from South Gate High School and adjacent to a signalized intersection.