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7625 Eastern Ave.

Bell Gardens , California 90201

Listing Type:
For Sale
Listing Price:
$4,495,000.00
Property Type:
Retail
Property Subtype:
Street Retail
Year Built:
1982
Listing Status:
Active
Building Size:
12894 SqFt
Land Area:
0.60 Acres

Description:

KW Commercial is pleased to present this 12,894 SF "L-Shaped" 7-Eleven anchored retail center on 26,040 SF signalized corner lot. The offering has excellent frontage with approximately 165 Feet along Eastern Ave. & 190 Feet along Clara St.
The Center consists of 8 units of which one is currently vacant.
The tenants include: a 7-Eleven, Farmers Insurance Office, a Pharmacy, a Pizza Restaurant, an Oriental Spa, a Barber Shop, and a Staffing Company. The average tenancy is approximately 8.5 years.
7-Eleven has been at this location for almost 20 years. This 7-Eleven is larger than the average 7-Eleven (Approx. 3,382 sf) & generates just under 30% of the total income of the Shopping Center. This 7-Eleven also sells beer & wine.
The offering features approximately 35 on-site parking spaces in addition to plenty of street parking. There are 2 points of ingress & egress to enter and exit this Shopping Center. There is also a monument sign at the signalized corner.
This property will attract an investor looking for a signalized corner of "L-Shaped" 7-Eleven Shopping Center with an excellent tenant mix with seasoned tenancy.
APPROXIMATELY 12,894 SF 7-ELEVEN ANCHORED "L-SHAPED" CENTER ON 26,040 SF C4 ZONED CORNER LOT.
LOCATED AT THE SIGNALIZED INTERSECTION OF EASTERN AVE. & CLARA ST. GOOD CAR TRAFFIC COUNTS; OVER 32,000 CARS PER DAY AT THE INTERSECTION OF EASTERN AVE. & CLARA ST.
ONLY 1 BLOCK AWAY FROM THE BICYCLE HOTEL & CASINO.
GREAT ACCESSIBILITY; JUST EAST OF THE 710 FREEWAY.
EXCELLENT DEMOGRAPHICS: OVER 50,000 PEOPLE RESIDE WITHIN A 1-MILE RADIUS & APPROXIMATELY 300,000 PEOPLE RESIDE WITHIN A 3-MILE RADIUS.

Presented by:

David  Yashar

Director

(310) 724-8043

(310) 710-5626

Click here to email

Listed by:

Keller Williams Realty Westside

L.A. Westside

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