5810-5820 Imperial Hwy
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5810-5820 Imperial Hwy
8,970 SF 100% Leased Retail Building South Gate, CA 90280 $3,050,000 ($340/SF) 5.80% Cap Rate
Executive Summary
Excellent retail investment opportunity located at high-traffic Imperial Hwy in South Gate. The property has 6 tenants: dentist, bar, tattoo shop, barber, pet's mart and beauty/lashes shop. Plaza is 100% occupied. All tenants have been in place for many years and signed long term leases. All businesses are internet resisted and time-tested thru the Pandemic. Cap-rate / rent roll is actual, not proforma. This is a very stable investment opportunity.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
8,970 SF
Building Class
C
Year Built
1961
Price
$3,050,000
Price Per SF
$340
Cap Rate
5.80%
NOI
$176,916
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.48
Lot Size
0.43 AC
Zoning
M2, South Gate - Retail Commercial
Parking
23 Spaces (2.56 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Monument Signage
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 6234-004-034 | Improvements Assessment | $936,360 |
| Land Assessment | $1,888,326 | Total Assessment | $2,824,686 |
PROPERTY TAXES
Parcel Number
6234-004-034
Land Assessment
$1,888,326
Improvements Assessment
$936,360
Total Assessment
$2,824,686
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5810-5820 Imperial Hwy
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