2 Adjacent Retail Stores
2 Retail Units Totaling 3,000 SF
Marketing description
Price reduced by $140,000! This property presents a compelling owner-user or investment opportunity with flexible configurations suitable for retail, service, or creative uses. The asset consists of two retail units, including one leased to a flower shop on a 5-year NNN lease generating $20,676 in year-one base rent, while the second unit is currently vacant, offering immediate lease-up or owner-occupancy potential (previously rented at $3,400/month). The property features functional layouts with separate units, a shared rear parking lot accessed via Crane Avenue, and a kitchenette in Unit 1. Recent improvements include a newer roof (approximately 2 years old). Positioned in a high-traffic location just north of Alondra Blvd, the property benefits from strong visibility and proven rental history, supporting excellent value-add potential.
Investment highlights
- Building Area: ±3,000 SF
- Retail Unit 1 Area: ±1,000 SF
- Retail Unit 2 Area: ±2,000 SF
- Owner-user or investment opportunity
- Flexible configuration for retail, service or creative uses
- Two retail units
- Unit 1 leased to flower shop for 5 years with current $20,676 year one base rent annual income (NNN)
- Unit 2 is vacant (formerly rented to a thrift shop at $3,400 per month)
- Shared rear parking lot off of Crane Avenue
- Unit 1 includes a kitchenette
- New roof (±2 years old)
- Strong value-add potential!
- Functional retail layouts: Separate units allow flexible leasing or owner use
- Proven rental history supports strong market rents
- Heavy traffic location just north of Alondra Blvd
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