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7320-7340 Firestone Blvd
Downey, CA 90241
West Downey Plaza Infill Value Add Center · Retail Property For Sale
Investment Highlights
- Prime Strip Center Opportunity: Located on signalized hard corner intersection Firestone Boulevard & Old River School Road (74,586 combined VPD)
- Ample Parking & Efficient Layout: 187 Surface Parking Spaces on a 135,980 Square Foot Lot, Supporting Convenience-Based Shopping.
- Dense Trade Area: Average household income of $88,321 and over 785,000 residents in a 5-mile radius
- 35% of Tenants on MTM Leases / Variety of Investment Strategies: The center is currently 59% occupied and leased entirely on gross lease terms
- Located: In between I-5, I-710, I-105 & I-605, multiple consumer destinations including Downey Landing Shopping Center, The Promenade at Downey & More
Property Facts
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
48,440 SF
Building Class
B
Year Built
1948
Percent Leased
59%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
11’
Building FAR
0.36
Lot Size
3.12 AC
Zoning
C4 - Heavy Commercial
Parking
187 Spaces (3.86 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Air Conditioning
- Balcony
Property Taxes
| Parcel Number | 6231-002-006 | Improvements Assessment | $318,958 |
| Land Assessment | $1,414,705 | Total Assessment | $1,733,663 |
Property Taxes
Parcel Number
6231-002-006
Land Assessment
$1,414,705
Improvements Assessment
$318,958
Total Assessment
$1,733,663
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