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The Florence Center 400-424 E Florence Ave 11,382 SF Retail Building Inglewood, CA 90301 $6,500,000 ($571.08/SF)
Investment Highlights
- MULTIPLE POINTS OF INGRESS/EGRESS
- HIGH WALK SCORE
- AMPLE PARKING
- SIGNALIZED INTERSECTION
Executive Summary
ADVANTAGEOUS LOCATION
This prime piece of real estate is strategically positioned next to the Downtown Inglewood Station, close proximity to I-405, and has a variety of local accessibility within 2 miles.
BUSINESS-FRIENDLY CITY
The City of Inglewood has a proven track record as a business-friendly community where opportunity is in abundance. Inglewood has what Southern California businesses want most - championship winning transportation resources in a location with competitive real estate fundamentals.
HIGH VISIBILITY
The Florence Center sits adjacent from E Florence Avenue, arguably one of the highest trafficked streets in the area with approximately 47,000 vehicles reported in 2022.
This prime piece of real estate is strategically positioned next to the Downtown Inglewood Station, close proximity to I-405, and has a variety of local accessibility within 2 miles.
BUSINESS-FRIENDLY CITY
The City of Inglewood has a proven track record as a business-friendly community where opportunity is in abundance. Inglewood has what Southern California businesses want most - championship winning transportation resources in a location with competitive real estate fundamentals.
HIGH VISIBILITY
The Florence Center sits adjacent from E Florence Avenue, arguably one of the highest trafficked streets in the area with approximately 47,000 vehicles reported in 2022.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
11,382 SF
Building Class
C
Year Built
1986
Price
$6,500,000
Price Per SF
$571.08
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
0.87 AC
Zoning
TOD Mixed Use 1 - Commercial
Parking
45 Spaces (3.95 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
Moderately walkable
70/100
Very drivable
80/100
Exceptional public transit
90/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 4015-021-044 | Improvements Assessment | $901,854 |
| Land Assessment | $1,533,170 | Total Assessment | $2,435,024 |
Property Taxes
Parcel Number
4015-021-044
Land Assessment
$1,533,170
Improvements Assessment
$901,854
Total Assessment
$2,435,024
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