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3600-3698 S Soto St 12,449 SF 61% Leased Retail Building Vernon, CA 90058 $5,790,000 ($465.10/SF)
INVESTMENT HIGHLIGHTS
- Major upside potential through lease-up of vacant unit
- High Traffic Counts: 44,965 ADT South Soto St. & East 37th
- Billboard Income: 2 Double Facing Clear Channel Billboards
- Stable Tenancy: 60% of Tenants are Restaurants
EXECUTIVE SUMMARY
NAI Capital has been selected to exclusively market for sale 3600 South Soto Street, a 12,449 square foot 3 building shopping center situated on a total of 5.12 acres of land strategically located at the NE corner of South Soto Street & East 37th Street in Vernon, CA.
Upside through lease up of 3,000 sq. ft. vacant retail / office unit.
Upside through lease up of 3,000 sq. ft. vacant retail / office unit.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
12,449 SF
Building Class
B
Year Built/Renovated
2004/2020
Price
$5,790,000
Price Per SF
$465.10
Percent Leased
61%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
1.75 AC
Zoning
VEM&MS3 - Commercial
Parking
66 Spaces (2 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Restaurant
- Security System
- Signage
- Signalized Intersection
- Monument Signage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,214,631 | |
| Land Assessment | $2,980,178 | Total Assessment | $5,194,809 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,980,178
Improvements Assessment
$2,214,631
Total Assessment
$5,194,809
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3600-3698 S Soto St
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