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PRICE REDUCED-7% CAP RATE! 17500 Carmenita Rd

42,794 SF 38% Leased Retail Building Cerritos, CA 90703 $12,400,000 ($290/SF) 7% Cap Rate

Retail Buildings California Cerritos 17500 Carmenita Rd, Cerritos, CA 90703

Investment Highlights

  • Great opportunity for a retail tenant.
  • Easy access off of Carmenita Rd & Artesia Blvd.

Executive Summary

Retail Center with Up-Side Potential !

Attachments

17500 Carmenita For Sale PKG 12.4

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
42,794 SF
Building Class
B
Year Built/Renovated
1971/2002
Price
$12,400,000
Price Per SF
$290
Cap Rate
7%
NOI
$868,000
Percent Leased
38%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
11’
Building FAR
0.26
Lot Size
3.80 AC
Zoning
CN, Cerritos - Commercial, Retail
Parking
120 Spaces (2.33 Spaces per 1,000 SF Leased)
Frontage
170 FT on Artesia Road

Amenities

  • Bus Line
  • Signage
  • Signalized Intersection
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 17510
  • 26,676 SF
  • Retail
  • End Cap
  • Now

Located at busy intersection of Carmenita and Artesia in Cerritos, CA with easy access to 91 freeway! Approximately 60,000 cars per day in this intersection.

Space Size Space Use Position Available
17510 26,676 SF Retail End Cap Now

17510

Size
26,676 SF
Space Use
Retail
Position
End Cap
Available
Now

17510

Size 26,676 SF
Space Use Retail
Position End Cap
Available Now

Located at busy intersection of Carmenita and Artesia in Cerritos, CA with easy access to 91 freeway! Approximately 60,000 cars per day in this intersection.

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17500 Carmenita Rd, Cerritos, CA - aerial map view - Image1
17500 Carmenita Rd, Cerritos, CA - aerial map view - Image2
Walk Score®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Bank of Hope
Bank of Montreal
Jazzercise
Starbucks
Islands
Romano's Macaroni Grill
Trader Joe's
Planet Fitness
It's A Grind Coffee House
Ralphs

PROPERTY TAXES

Parcel Numbers
Multiple
  • 7027-020-038
  • 7027-020-020
 Improvements Assessment $2,415,480
Land Assessment $8,896,044 Total Assessment $11,311,524

PROPERTY TAXES

Parcel Numbers
Multiple
  • 7027-020-038
  • 7027-020-020
Land Assessment
$8,896,044
Improvements Assessment
$2,415,480
Total Assessment
$11,311,524
(714) 772-0602

Contact

  • Listing ID: 32769499

  • Date on Market: 8/12/2024

  • Last Updated:

  • Address: 17500 Carmenita Rd, Cerritos, CA 90703

More public record information on 17500 Carmenita Rd, Cerritos, CA 90703

The Retail Property at 17500 Carmenita Rd, Cerritos, CA 90703 is currently available for sale. Contact Paul Kott Realtors, Inc. for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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17500 Carmenita Rd, Cerritos, CA for sale Aerial- Image 6 of 9
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PRICE REDUCED-7% CAP RATE! | 17500 Carmenita Rd
(714) 772-0602 x

PRICE REDUCED-7% CAP RATE! | 17500 Carmenita Rd

Wally Courtney

(714) 772-0602

(714) 772-0602

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