Log In/Sign Up
Your email has been sent.
5810-5820 Imperial Hwy 8,970 SF 100% Leased Retail Building South Gate, CA 90280 $2,785,000 ($310.48/SF) 6% Cap Rate
EXECUTIVE SUMMARY
100% leased retail plaza in the dense neighborhood of South Gate. Located at high-traffic Imperial Hwy cornering Vulcan St. Very stable investment. All tenants have signed long-term leases and been doing businesses at the same location for many years. There are total 6 units occupied by Dentist, Bar, Tattoo Shop, Barber, Pet's Mart and Eye Lashes Service . All tenants provide essential services to the neighborhood, not replaceable by Internet. Priced to sell at 6% cap rate with in-place rental income of $223,176 annually (not proforma) . Substantial upside potential.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
8,970 SF
Building Class
C
Year Built
1961
Price
$2,785,000
Price Per SF
$310.48
Cap Rate
6%
NOI
$167,100
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.48
Lot Size
0.43 AC
Zoning
M2, South Gate - Retail Commercial
Parking
23 Spaces (2.56 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Monument Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 6234-004-034 | Improvements Assessment | $955,087 |
| Land Assessment | $1,926,092 | Total Assessment | $2,881,179 |
PROPERTY TAXES
Parcel Number
6234-004-034
Land Assessment
$1,926,092
Improvements Assessment
$955,087
Total Assessment
$2,881,179
1 of 8
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
5810-5820 Imperial Hwy
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.