17326 Pioneer Blvd
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17326 Pioneer Blvd
5,000 SF 60% Leased Retail Building Artesia, CA 90701 $3,500,000 ($700/SF)
Investment Highlights
- Artesia & Pioneer Blvd Signalized Intersection Strip Center
- 5-Total Units with 3-Vacancies (60% of the Building)
- 21 Parking Spaces for a 4:1 Parking Ratio
- Intersection Boasts 50,000+ Vehicles
- Great SBA Loan and Owner-User Opportunity
Executive Summary
We are pleased to offer a 5-unit strip center on the signalized main and main intersection of Artesia Boulevard and Pioneer Blvd in Artesia, California. This property is approximately 5,000 Square feet, constructed in 1984, and situated on 15,500 square feet of land. There are 3-units, or 60% of the property, that’s currently vacant. This presents an opportunity for an owner-user to qualify for an
SBA loan as an owner-occupied property.
Alternatively, an investor can re-tenant the asset with a national tenant who is attracted to the high traffic counts and strong visibility. The location boasts an unparalleled combined traffic counts of over 50,000 vehicles per 2018 MPSA estimates. Being less than 500-feet from the 91 Freeway and 1-mile to the 605 Freeway, makes this location extremely commuter friendly.
The immediate location is surrounded by National retailers including Chase Bank, Walgreens, Starbucks, Stater Bros and many more. Pioneer Boulevard is the main retail arterial through Artesia and the ingress and egress through the Pioneer and Artesia is convenient and easy. This quality asset and location does not come on the market very often and is a rare offering in today’s market.
SBA loan as an owner-occupied property.
Alternatively, an investor can re-tenant the asset with a national tenant who is attracted to the high traffic counts and strong visibility. The location boasts an unparalleled combined traffic counts of over 50,000 vehicles per 2018 MPSA estimates. Being less than 500-feet from the 91 Freeway and 1-mile to the 605 Freeway, makes this location extremely commuter friendly.
The immediate location is surrounded by National retailers including Chase Bank, Walgreens, Starbucks, Stater Bros and many more. Pioneer Boulevard is the main retail arterial through Artesia and the ingress and egress through the Pioneer and Artesia is convenient and easy. This quality asset and location does not come on the market very often and is a rare offering in today’s market.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Building Size
5,000 SF
Building Class
C
Year Built
1984
Price
$3,500,000
Price Per SF
$700
Percent Leased
60%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
10’
Building FAR
0.32
Lot Size
0.36 AC
Zoning
CPD - Community Planned Development (Artesia Specific Zoning)
Parking
23 Spaces (3.6 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signalized Intersection
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 979-2,000 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 979-2,000 SF | Retail | - | Now |
1st Floor
| Size |
| 979-2,000 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Walk Score ®
Very Walkable (89)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 7033-004-029 | Improvements Assessment | $801,494 |
| Land Assessment | $975,733 | Total Assessment | $1,777,227 |
PROPERTY TAXES
Parcel Number
7033-004-029
Land Assessment
$975,733
Improvements Assessment
$801,494
Total Assessment
$1,777,227
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17326 Pioneer Blvd
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