NNN Leased Investment 10329 Artesia Blvd
4,591 SF Office Building Bellflower, CA 90706 $2,942,857 ($641.01/SF) 5.41% Cap Rate
INVESTMENT HIGHLIGHTS
- Integrated Life's business is a service for adults with developmental disabilities.
- New roof was constructed in 2019 with a 20-year transferable warranty.
EXECUTIVE SUMMARY
A strong AIR NNN Lease is in place with Integrated Life LLC. The lease expires Feb. 1, 2028 with no options to renew. Download offering memorandum from the property website for details. Property allows for medical use and a myriad of other permitted uses.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Building Size
4,591 SF
Building Class
B
Year Built/Renovated
1940/2019
Price
$2,942,857
Price Per SF
$641.01
Cap Rate
5.41%
NOI
$159,209
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,591 SF
Building FAR
0.38
Lot Size
0.28 AC
Zoning
CG - BFCG
Parking
12 Spaces (2.61 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
1 of 1
Walk Score®
Very Walkable (74)
PROPERTY TAXES
| Parcel Number | 7163-015-038 | Improvements Assessment | $423,120 |
| Land Assessment | $423,120 | Total Assessment | $846,240 |
