CLOSED ESCROW

RETAIL VACANT/USER

8615 LONG BEACH BOULEVARD

SOUTH GATE, CA 90280

PRICE:

PRICE/SF:

CAP RATE:

BUILDING SF:

YEAR BUILT:

$999,000

$60

4.19%

16,648

1947

DEAL HIGHLIGHTS​:

  • Multiple Offers

  • Sold at 100% of List Price

  • Great South Gate Location

 

ASSET HIGHLIGHTS

  • Ideal for Owner User with Small Business Administration (SBA) Financing Available

  • Low Cost per Square Foot

  • Densely Populated Area

  • Month-to-Month Lease

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 5,500 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.

GET IN TOUCH:

NEVER MISS A LISTING:

Tel: 310-300-2838

daniel@hirthgroup.com

2701 Ocean Park Blvd #140

Santa Monica, CA 90405

© 2017 by THE HIRTH GROUP

KW Commercial CAL DRE 01499010