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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

Highly sought-after 2 tenants corporate signature Retail NNN with Wells Fargo (NYSE: WFC) & T-Mobile (NYSE: TMUS)
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

Sale Type
Investment NNN
Property Type
Retail
Building Size
7,000 SF
Building Class
C
Year Built
2004
Price
$5,950,000
Price Per SF
$850
Cap Rate
5.63%
NOI
$335,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
0.83 AC
Zoning
BPCM

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Information
  • 2,500 SF
  • -
  • Triple Net
  • -

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.

  • Finance and Insurance
  • 4,500 SF
  • -
  • Triple Net
  • -

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

Denny's
Starbucks
Farmer Boys
U.S. Bank
The Coffee Bean & Tea Leaf
LA Fitness
King Taco
Planet Fitness
Bank of Montreal
The Habit Burger Grill

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
8460-006-032
Land Assessment
$2,730,661
Improvements Assessment
$2,356,357
Total Assessment
$5,087,018
  • Listing ID: 34013017

  • Date on Market: 11/26/2024

  • Last Updated:

  • Address: 14460 Merced Ave, Baldwin Park, CA 91706

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