9501-9511 Atlantic Ave
South Gate, CA 90280
Retail Property For Sale

Hudson Partners is exclusively marketing the signalized corner of Atlantic Avenue and Southern Avenue, its situated between Firestone Blvd and Imperial Highway adjacent to the 710 Freeway. The property is currently occupied by the Seller, who is a seasoned operator in the tire business and is looking to retire. The premises could be delivered empty at the close of escrow or the Seller would entertain a short-term leaseback in the transition for a Buyer. The building-to-land ratio is generous at 25% lot coverage. There are two free standing structures (4,286sf building) on a large 16,890 square foot parcel of land. The subject property has great visibility, density, and monument signage. This intersection has exposure to over 56,000 vehicles per day and excellent ingress/egress. An Investor could re-position the property into retail use with National Credit Tenants, at market rents achieving an attractive Cap Rate. The property has three different structures and is easily divisible, allowing an aggressive an Investor to achieve a higher price per foot on rents. On the other hand, an Owner-User Buyer could modify the existing Certificate of Occupancy to a retail or medical use potentially. This Buyer would need to adhere to the City of South Gate’s parking requirements which could easily be accomplished with this large parcel. There is enough land to exceed the city’s 5 parking spaces for every 1,000 square feet of building requirement. Buyer would need to verify and hire an architect to conduct their independent investigations regarding a parking site analysis. An Owner-User can benefit from today’s lending environment, if their intentions are to occupy at least 51% of the rentable square footage. There are conventional and SBA loan products which allow a buyer to acquire the property with a down payment as low as 10% of the purchase price.