14249 Whittier Blvd
5,600 SF Retail Building Whittier, CA 90605 $6,083,000 ($1,086/SF) 4.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Corporate-backed Amazon Lease
- Signalized Corner with Excellent Ingress/Egress
- Completely Renovated Building with 20 Year Roof Warranty
- Single Tenant NNN Property
- High Traffic Location with Almost 60,000 VPD
- Location is Permitted for Liquor Sales
EXECUTIVE SUMMARY
This is a prime single tenant triple net leased property. Amazon Go, the tenant, is corporately guaranteed by Amazon and provides and owner with the peace of mind of acquiring a highly coveted investment grade tenanted property.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
5,600 SF
Building Class
C
Year Built/Renovated
1976/2022
Price
$6,083,000
Price Per SF
$1,086
Cap Rate
4.75%
NOI
$288,960
Tenancy
Single
Building Height
1 Story
Building FAR
0.35
Lot Size
0.37 AC
Zoning
WHC2*
Parking
21 Spaces (3.75 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- 24 Hour Access
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Air Conditioning
Walk Score®
Very Walkable (76)
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
20,562
157,344
420,395
664,114
2029 Population
19,805
151,926
406,117
641,755
2024-2029 Projected Population Growth
-3.7%
-3.4%
-3.4%
-3.4%
Median Age
39.9
38.9
39.7
40.0
College Degree + Higher
28%
24%
25%
19%
Daytime Employees
11,140
65,610
154,848
268,328
Total Businesses
893
7,149
16,315
30,447
Average Household Income
$119,943
$108,063
$110,699
$113,622
Median Household Income
$100,453
$87,321
$90,012
$92,095
Total Consumer Spending
$270.4M
$1.9B
$5B
$8B
2024 Households
6,383
48,276
126,370
200,664
Average Home Value
$756,629
$728,062
$710,858
$715,450
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 8147-015-001 | Improvements Assessment | $2,448,000 |
| Land Assessment | $3,468,000 | Total Assessment | $5,916,000 |
