15105 Lakewood Blvd | Paramount, CA 90723
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- LoopNet Team
15105 Lakewood Blvd
Paramount, CA 90723
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Early lease renewal by 7-Eleven corporate, showing commitment to this location
- Lavanderia Laundromat has been a tenant since 2011 and has 10-years remaining on the lease with 3.00% annual rent increases
- Dense Los Angeles Metro location: Over 786,585+ residents located within a 5-mile radius
- 7-Eleven also agreed to an additional 5-year renewal option period (four, 5-year option periods with 10% rent increases every 5 years)
- Busy intersection location: over 48,748 combined average daily traffic counts
- Minimal Landlord Responsibilities: Both tenants on NNN leases with the vast majority of expenses reimbursed by tenants.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
5,400 SF
Building Class
C
Year Built
1970
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
0.46 AC
Zoning
C-3
Parking
20 Spaces (3.7 Spaces per 1,000 SF Leased)
Frontage
177’ on Lakewood Blvd
PROPERTY TAXES
| Parcel Number | 6268-032-006 | Improvements Assessment | $1,538,751 |
| Land Assessment | $2,228,536 | Total Assessment | $3,767,287 |
PROPERTY TAXES
Parcel Number
6268-032-006
Land Assessment
$2,228,536
Improvements Assessment
$1,538,751
Total Assessment
$3,767,287
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