7200 Atlantic Ave 4,180 SF 64% Leased Retail Building Cudahy, CA 90201 $2,500,000 ($598.09/SF) 3.62% Cap Rate

The Brandon Michaels Group of Marcus & Millichap, as Exclusive Advisor, is pleased to present 7200 Atlantic Avenue, a 4,180 SF three-unit linear strip center situated on 0.39 acres (17,087 SF) on the signalized corner of Atlantic Avenue and Florence Avenue in Cudahy, California. The property is positioned at a highly trafficked intersection with combined traffic counts exceeding 63,000 vehicles per day, providing exceptional visibility and accessibility within a dense infill Los Angeles submarket.
7200 Atlantic Avenue will be delivered with a 1,500 SF corner vacancy, representing approximately 36% of the gross leasable area, with the remaining 2,672 SF occupied by Verge Mobile and ASAP Staffing. Both tenants have demonstrated long-term commitment to the site, with an average tenure of approximately 12 years, providing in-place income stability. The tenants currently pay $8,244.00 per month ($3.09/SF) on NNN leases with fixed CAM reimbursements that exceed their pro rata share of operating expenses, creating an attractive expense recovery profile for ownership.
The lease structure provides a clear path to near-term control and value creation. Verge Mobile’s lease expires on April 4, 2028, and ASAP Staffing’s lease expires on June 30, 2029, with no remaining renewal options, allowing a new owner the ability to fully reposition the asset in the near term. Both leases include scheduled rent increases, while current rents remain below market for comparable high-traffic corner retail locations, further supporting upside potential.
The offering presents a compelling owner-user or value-add investment opportunity. A buyer can immediately occupy the vacant corner suite while offsetting operating expenses through in-place income, or lease the space at market rates to capitalize on the property’s strong visibility and location. The asset’s efficient unit sizes, averaging approximately 1,391 SF, allow for flexible leasing to a wide range of retail, service, or medical users with minimal downtime and limited capital requirements.
The property benefits from multiple points of ingress and egress along both Atlantic Avenue and Florence Avenue, enhancing accessibility and circulation. The site includes approximately 16 surface parking spaces, equating to a parking ratio of 3.83 spaces per 1,000 SF, supporting a variety of high-volume retail uses.