Listed by Commercial Asset Group, Inc.
$2,495,000
2101 W. Century Blvd
Details
Property Type Retail
Sub Type Convenience Store, Restaurant
Square Footage 4,704
Cap Rate 6.78%
NOI $169,132
Tenancy Multi
Lease Type NNN
Price per SqFt $530
Lot Size (SqFt) 10,614
Investment Type Stabilized
Retail | 6.78% CAP | 4,704 SqFt
Marketing description
Prime Inglewood Corner Strip Center located within close proximity to SoFi Stadium. Traditional "L-Shaped" Corner shopping center for Sale blocks from the revitalized Inglewood Entertainment Corridor - SoFi Stadium (Home to the Rams and Chargers as well as countless concerts and other sporting events), the Kia Forum (home to 150+ events per year), the Intuit Dome (Home to the Clippers) and Hollywood Park Casino and the accompanying Shops at Hollywood Park and future Apartment Project.
Investment highlights
- Traditional "L-Shaped" Corner shopping center for Sale blocks from the revitalized Inglewood Entertainment Corridor - Sofi Stadium (Home to the Rams and Chargers as well as countless concerts and other sporting events), the Kia Forum (home to 150+ events per year), the Intuit Dome (Home to the Clippers) and Hollywood Park Casino and the accompanying Shops at Hollywood Park and future Apartment Project
- Project is stabilized with one recent vacancy, a built-out food use space consisting of 725 SQFT (space recently became vacant because of death of Tenant)
- The Project has an ideal Tenant mix with all Food use Tenants
- Significant Rental upside potential
- Project is in the heart of both residential and commercial density enhancing daytime and evening traffic
- Inglewood Market has grown significantly in the last 10 years and is projected to continue this growth pattern
- Well parked building
Listing Contacts
Listed by Commercial Asset Group, Inc.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$169,131.72
$14,094.31/mo
Valuation Metrics
0
DSCR
6.78%
Cap Rate
6.78%
ROI
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