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8025-8027 Firestone Blvd
Downey, CA 90241
Shoe Palace - Downey, CA · Retail Property For Sale
Investment Highlights
- Recent 12-year lease extensions show tenant’s commitment to sites
- 4% annual increases provide exceptional growth in cash flow
- Shoe Palace Corporation (https://www.shoepalace.com), which operates ±160 stores in the US, is a wholly-owned subsidiary of JD Sports
- Remaining lease terms of 8+ years
- Located in urban areas of Los Angeles County with dense populations and high barriers to entry
Property Facts
Property Type
Retail
Property Subtype
Building Size
5,700 SF
Building Class
C
Year Built/Renovated
1949/1990
Tenancy
Single
Building Height
1 Story
Building FAR
0.81
Lot Size
0.16 AC
Zoning
C-2 - General Commercial
Frontage
55’ on Firestone Blvd
Amenities
- Corner Lot
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 6251-040-019 | Improvements Assessment | $464,232 |
| Land Assessment | $986,494 | Total Assessment | $1,450,726 |
Property Taxes
Parcel Number
6251-040-019
Land Assessment
$986,494
Improvements Assessment
$464,232
Total Assessment
$1,450,726
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