Listed by NAI Capital Torrance
$1,650,000
15228-15230 S Avalon Blvd
Details
APN 6139-002-036
Property Type Retail
Sub Type Shopping Center
Square Footage 3,760
Units 2
Cap Rate 6.88%
NOI $113,512
Occupancy 100%
Tenancy Multi
Brand/Tenant 7-Eleven
Lease Type NNN
Lease Expiration 05/30/2032
Broker Co-Op Yes
Year Built 2015
Stories 1
Lot Size (SqFt) 12,634
Zoning LCC3
Parking Spaces 14 spaces
Parking Per SqFt 3.72
Tenant Credit Corporate Guarantee
Ground Lease Yes
Retail | 6.88% CAP | 3,760 SqFt
Marketing description
Corner property on Major streets signalized intersection (Avalon Blvd & E. Redondo Blvd)
Investment highlights
- Centrally located to serve the full-time population of Compton
- Over 238,000 residents within 3 miles
- Busy signalized intersection
- Close to Metro/Subway/100,91,105 Freeways
- New Construction with Excellent Curb Appeal
- Excellent Visibility with Easy Access and Parking
- Average Daily Traffic Counts over 19,000
- Highly Visible Pylon Signage Available
- Heavy daytime foot traffic
- 100% Lease Occupied
- National Tenant
- Purchase Price: $1,650,000
- Cap Rate: 6.88%
- NOI: $113,512.12
- GLA: 3,760 SQ.FT
- Land Area: 12,634 SQ.FT (0.29 acres)
- Occupancy: 100%
- Traffic Counts: 15,139 VPD on E Redondo Beach 22,895 VPD on S Avalon Blvd
- Major Tenant: 7-Eleven
Listing Contacts
Listed by NAI Capital Torrance
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$113,512.12
$9,459.34/mo
Valuation Metrics
0
DSCR
6.88%
Cap Rate
6.88%
ROI
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