Listed by Colliers - Los Angeles - Orange County, California, Colliers - El Segundo
$3,450,000
Shops to AutoZone
Details
APN 6208-001-022
Property Type Retail
Sub Type Shopping Center
Square Footage 7,606
Units 1
Cap Rate 6.01%
NOI $207,216
Occupancy 100%
Tenancy Multi
Year Built 2000
Stories 1
Acreage 0.580
Investment Type Net Lease
Ground Lease No
SHOPS TO AUTOZONE | 7 TENANT RETAIL STRIP CENTER
Investment highlights
- Priced to Sell - 7 Tenant Retail Strip Center
- Value Add Opportunity - Short Term and MTM Leases
- Long Term Tenancy - Avg. Occupancy Exceeding 12 Years
- Strong Rental Growth - Annual CPI Rent Bumps
- 7,606 SF Building on 0.58 Acre Parcel
- Population Exceeding 953,400 within a 5-Mile Radius
- Surrounded by Multiple High Schools, Middle Schools, and Elementary Schools
- Near Major Intersection of Tweedy Blvd and Long Beach Blvd (52,200 AADT)
- Positioned Along Recently Revitalized Tweedy Mile
- Historic Downtown Business & Shopping District
Average Household Income Exceeding $90,700 within a 1-Mile Radius
Listing Contacts
Listed by Colliers - Los Angeles - Orange County, California, Colliers - El Segundo
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$207,216.00
$17,268.00/mo
Valuation Metrics
0
DSCR
6.01%
Cap Rate
6.01%
ROI
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