8551-8561 Long Beach Blvd
South Gate, CA 90280
Retail Property For Sale

Hudson Commercial Partners and Compass have been selected as Exclusive Agents for this signalized corner re-positioning opportunity in South Gate. This leased investment has 3 tenants with staggered short-term rollover. The anchored tenant is a tire service company on a triple net lease which expires in October 2021, with no options to renew. This tenant is currently below market at $1.37 per square foot NNN, the new tax increase will likely default tenant. There are two other auto related tenants in the second building, these tenants are on a Modified Gross lease providing triple-net upside potential to an investor. This parcel is situated on a signalized southwest corner surrounded by National Credit Tenants. It has excellent traffic counts along this bustling corridor of Long Beach Blvd and tremendous corner exposure with tons of density. Property requires remediation and seller will discount accordingly.