Value Add Shopping Center For Sale - WilRose Shopping Center
Retail 5.5% Proforma CAP ±60,801 SF
Marketing description
Legendary Commercial Real Estate is pleased to present the prime opportunity to acquire the WilRose Plaza Shopping Center in Compton, CA.
The 60,801 SF/± 1.40-acre property consists of 8,160 SF Leased Space in three Pads and an additional 30,000 SF Pad with 10,000 SF Buildable Space - Value Add Pad (available for Ground Lease or Build to Suit) for a total of 18,160 SF rental square foot. This is a Value-Add Shopping Center Investment Opportunity 5.5% Proforma CAP.
The existing 10,000 SF Pad is fully entitled and permit-ready for other retail uses. The entire pad can be developed on a Built to Suit basis or Ground Leased to include a drive-thru restaurant, or other retail, office, and medical options.
Investment highlights
Value-Add: Significant value can be created by tenanting the ±30,000 SF Pad.
Excellent Visibility: Monument signage along Rosecrans Avenue and another on Wilmington Avenue ensures high visibility to passing traffic.
Captive Audience: Vital stop for a variety of local retail services.
Pad Development Potential: This opportunity is ideal for development due to C-2 zoning and wide variety of permitted uses and fully entitled, permit ready status of the pad, if built out as ±10,000 Sq. Ft. of additional retail stores spaces.
Property tours are available within one day’s notice. Please contact the listing brokers to schedule.
DO NOT DISTURB EXISTING TENANT!
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
