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CLOSED ESCROW
RETAIL OWNER/USER
8615 LONG BEACH BOULEVARD
SOUTH GATE, CA 90280
PRICE:
PRICE/SF:
CAP RATE:
BUILDING SF:
​
YEAR BUILT:
​
$2,150,000
$108.55
2.38%
16,648 SF + 3,159 Mezzanine
1947
THE ASSET
The Hirth Group is pleased to present 8615 Long Beach Boulevard in South Gate, California. The subject property consists of a single-tenant, 16,648-square foot building with approximately 3,159 square feet of mezzanine space.
The current tenant is on a month-to-month lease with below market rent. This value add property offers a savvy investor the opportunity to either increase rent on the current tenant or lease the space to a new tenant at market rent.
The subject property is an excellent opportunity for an owner/user to take advantage of the low price per foot, excellent location, and very attractive Small Business Administration financing available.
8615 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 cars pass the site daily.
DEAL HIGHLIGHTS​:
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Multiple Offers
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Great South Gate Location
ASSET HIGHLIGHTS
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Ideal for Owner User with Small Business Administration (SBA) Financing Available
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Low Cost per Square Foot
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Densely Populated Area
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Month-to-Month Lease