Listed by Westpac Partners
$10,800,000
Atrium Design Center
Details
APN 7373-019-071
Property Type Retail
Sub Type Ground Floor Retail Center + 2 Levels of Multi-Tenant Design Center
Square Footage 35,613
Cap Rate 7.44%
NOI $803,589
Occupancy 84%
Tenancy Multi
Price per SqFt $303
Broker Co-Op Yes
Year Built 1989
Year Renovated 2022
Buildings 1
Stories 3
Acreage 0.680
Zoning LOR1P
Parking Spaces 59 spaces
Parking Per SqFt 1.66
Ground Lease No
FOR SALE | 4.7% CAP COMMERCIAL PROPERTY IN SOUTH BAY
Investment highlights
Atrium Design Center was fully renovated and completed in 2022 featuring five established ground-floor retail tenants, creating a complementary mix of food and service uses that generate consistent customer traffic to the center. The upper floors are positioned as a one-stop destination for home improvement, anchored by WDC Kitchen & Bath and South Bay Design Center, two well-recognized home improvement retailers serving the South Bay market.
Listing Contacts
Listed by Westpac Partners
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$803,589.00
$66,965.75/mo
Valuation Metrics
0
DSCR
7.44%
Cap Rate
7.44%
ROI
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