3508 Firestone Blvd.
South Gate , California 90280
- Listing Type:
- For Sale
- Listing Price:
- Property Type:
- Property Subtype:
- Street Retail
- Year Built:
- Listing Status:
- Building Size:
- 4660 SqFt
- Land Area:
- 0.18 Acres
KW Commercial is pleased to present this freestanding Vacant Retail Building within the heart of South Gate. The offering consist of a 4,660 SF (3,844 SF on title) L-Shaped building on 8,011 SF SG-CM zoned lot.
The lot provides excellent frontage with approximately 80 feet along Firestone Blvd. which has great car traffic count totaling approximately 38,000 cars per day.
The site provides on-site parking, in addition to plenty of street parking.
This offering will attract an owner/user or an investor who is looking for a freestanding retail building in a densely populated neighborhood with a proforma 7.9% cap rate on 98% occupancy.
• APPROXIMATELY 4,660 SF RETAIL BUILDING ON JUST OVER 8,000 SF LOT IN THE HEART OF SOUTH GATE.
• GREAT OPPORTUNITY FOR AN OWNER/USER OR AN INVESTOR WITH TENANT(S) IN MIND; WITH A PROFORMA CAP RATE OF 7.9% ON 98% OCCUPANCY!!!
• LOCATED LESS THAN 0.2 MILES FROM SOUTH GATE CITY HALL.
• ADJACENT TO A JACK IN THE BOX DRIVE-THRU RESTAURANT & ONE PARCEL EAST OF THE MAJOR SIGNALIZED INTERSECTION OF CALIFORNIA AVE & FIRESTONE BLVD.
• GREAT CAR TRAFFIC COUNTS; APPROX. 38,000 CARS PER DAY.
• EXCELLENT DEMOGRAPHICS: OVER 60,000 PEOPLE RESIDE WITHIN A 1-MILE RADIUS & OVER 450,000 PEOPLE RESIDE WITHIN A 3-MILE RADIUS.