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14460 Merced Ave
7,000 SF 100% Leased Retail Building Baldwin Park, CA 91706 $5,950,000 ($850/SF) 5.63% Cap Rate
Investment Highlights
- Minimal Landlord responsibility and ease of management
- Strategically outparcel to the Baldwin Park Marketplace anchored by Walmart Supercenter and co-tenant with Panda Express & Farmer Boys
- High traffic locations: Excellent exposure to 2 major Los Angeles area freeways (I-10 (233k ADT) & 605 (195k ADT) and major local thoroughfares
Executive Summary
Minimal Landlord responsibility with ease of management
Multiple extension of terms demonstrating tenants’ high commitment to the location and the community
High traffic locations: Excellent exposure to 2 major Los Angeles area freeways I-10 (233k ADT) & 605 (195k ADT) and major local thoroughfares
Strategically outparcel to the Baldwin Park Marketplace anchored by Walmart Supercenter and co-tenant with Panda Express, Farmer Boys and Pepe’s Finest Mexican Food & UPS Store.
Densely populated Infill Los Angeles County area over 495Kpeople within 5-mile radius
Solid Southern California location: San Gabriel Valley location 20 minutes east of Downtown Los Angeles and 30 minutes to Inland Empire.
https://vimeo.com/1025734996
Please contact the listing agent for more information. jk@infiniadvisors.com
Property Facts
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
T-Mobile U.S. Inc. (NASDAQ: TMUS) is America’s supercharged Un-carrier, delivering an advanced 4G LTE and transformative nationwide 5G network that will offer reliable connectivity for all. T-Mobile’s customers benefit from its unmatched combination of value and quality, unwavering obsession with offering them the best possible service experience, and undisputable drive for disruption that creates competition and innovation in wireless and beyond. Based in Bellevue, Wash., T-Mobile provides services through its subsidiaries and operates its flagship brands, T-Mobile, Metro by T-Mobile, and Sprint.
Wells Fargo is a leading global financial services company headquartered in San Francisco with hub offices in major cities across the United States. They are proud to serve many households and many of small businesses in the U.S. They provide a diversified set of banking, investment, and mortgage products and services, as well as consumer and commercial finance, through their reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo has office locations across the world to help their business customers succeed on an international scale. Outside of the U.S., they focus on providing banking services for large corporate, government and financial institution clients. They have worldwide expertise and services to help their customers improve earnings, manage risk, and develop opportunities in the global marketplace.
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
Information | 2,500 SF | - | Triple Net | - | ||
Finance and Insurance | 4,500 SF | - | Triple Net | - |
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 8460-006-032 | Improvements Assessment | $2,356,357 |
Land Assessment | $2,730,661 | Total Assessment | $5,087,018 |
PROPERTY TAXES
Presented by
Infini Realty Advisors
14460 Merced Ave
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