Listed by Marcus & Millichap - Los Angeles, Marcus & Millichap - Inland Empire
$4,360,000
Freeway Adjacent Two-Tenant Investment
Details
APN 3125-021-075
Property Type Retail
Sub Type Storefront, Shopping Center
Square Footage 17,128
Net Rentable (SqFt) 17,128
Units 2
Cap Rate 8%
NOI $348,589
Occupancy 100%
Tenancy Multi
Lease Type NNN
Rent Bumps Yes
Price per SqFt $255
Broker Co-Op Yes
Year Built 1986
Year Renovated 2021
Buildings 1
Stories 1
Acreage 1.150
Zoning General Commercial
Investment Type Value Add
Ground Lease No
Ownership Fee Simple
Retail | 8.00% CAP | 17,128 SqFt
Marketing description
Unmatched visibility featuring over 200 feet of freeway frontage on Highway 14 off ramp Ave K, the main freeway that runs north from Los Angeles. The freeway adjacency solidifies the hold long-term value of this well placed, highly visible asset.
Investment highlights
• Big 5 (NASDAQ: BGFV), Market Cap of over $187 Million USD.
• H&R Block (NYSE: HRB), Market Cap of over $4.83 Billion USD.
Listing Contacts
Listed by Marcus & Millichap - Los Angeles, Marcus & Millichap - Inland Empire
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$348,589.00
$29,049.08/mo
Valuation Metrics
0
DSCR
8%
Cap Rate
8%
ROI
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