11350 Washington Blvd
Whittier, CA 90606

The property is currently 100% occupied by 7 tenants on a month-to-month basis ideally positioned for a developer or value-add buyer.  The current leases are all NNN and have well below market rents providing an investor with significant upside and minimal landlord responsibilities upon acquisition.  The property is very well located at the signalized corner of Washington Blvd. and Broadway Ave. on a major commercial thoroughfare with high traffic counts.   There is excellent freeway access to the property via both the 605 Freeway less than half a mile away and Interstate 5 approximately 2 miles away.  The property lies adjacent to the Citrus Court Apartments, a recently renovated 138 unit apartment complex and sits directly across the street from a CVS anchored shopping center.  The properties infill location and proximity to both residential and commercial properties lends well to a future mixed-use development but presently no residential overlay exists on the property per City of Santa Fe Springs zoning code.    As the property currently sits it is zoned zoned SSC4* which permits most Commercial uses however residential uses are excluded without a PUD and the development must be a minimum of 5 acres. The City of Santa Fe Planning Department has indicated that they like the idea of mixed-use development and may consider allowing for it in the future barring Planning Committee approval. (buyer to verify development details with the City of Santa Fe Springs)