CLOSED ESCROW
RETAIL VACANT/USER
8253 long beach bOULEVARD
SOUTH GATE, CA 90280
PRICE:
BUILDING SF:
PRICE/SF:
LOT SF:
CAP RATE PRO FORMA:
YEAR BUILT:
$526,000
3,096
$173
5,831
6.82%
1928
THE ASSET
The Hirth Group is pleased to present 8253 Long Beach Boulevard in South Gate, California. This multi-tenant shopping center boasts 3,036-square feet of building on a 5,831-square foot lot. Located on the corner of Long Beach Blvd and Cole Place, the property includes excellent parking and visibility.
Favorably located within walking distance of national tenants such as Auto Zone, CVS Pharmacy, and Burger King, with foot traffic within the area is a driving force for retail businesses.
This value add play presents an investor the opportunity to capitalize on the property’s upside potential. The interior includes wall refrigeration; a cold storage walk-in, and office space.
8253 Long Beach Boulevard is located in a densely populated area with over 1,000,000 residents within a five-mile radius and roughly 25,000 vehicles pass the site daily
DEAL HIGHLIGHTS
-
Property Sold Vacant
-
Value Add Investors
-
Prime South Gate Location
ASSET HIGHLIGHTS
-
Densely Populated - 450,000 People within Three Mile Radius, Over 1,000,000 People within Five Mile Radius
-
Corner of Long Beach Boulevard and Cole Place
-
Traffic Count Over 25,000 Cars Daily
-
Excellent Parking
-
Cold Storage
-
Office / Restrooms