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6930 Arlantic Ave.

Bell Gardens , California 90201

Listing Type:
For Sale
Listing Price:
$2,440,000.00
Property Type:
Retail
Property Subtype:
Street Retail
Year Built:
1967
Listing Status:
Active
Building Size:
4440 SqFt
Land Area:
0.32 Acres

Description:

KW Commercial is pleased to present this freestanding single-tenant leased investment opportunity within the City of Bell. The offering consists of a 4,440 SF building on 14,026 SF C3 zoned corner lot.
The lot provides excellent frontage with approximately 120 feet along Atlantic Ave & 116 feet along Beck Ave.
The building is occupied by an Eye Clinic. This Clinic is on a lease thru 4/30/24 with yearly increases of 2.5%. They also have (2) five-year options to follow.
The ownership has extensively renovated the facade & interiors and installed all new plumbing & electrical in 2013.
The site has ample on-site parking, in addition to plenty of street parking. There is also a city provided parking lot in the rear of the building.
This offering will attract an investor who is looking for a freestanding single-tenant retail building with a seasoned long term tenant on a NNN lease, in an area with strong demographics.
- APPROXIMATELY 4,440 SF SINGLE-TENANT BUILDING ON 14,026 SF CORNER LOT.
- EYE CLINIC: SEASONED LONG TERM TENANT WITH YEARLY INCREASES, LEASE EXPIRING IN 2024 WITH (2) 5-YEAR OPTIONS TO FOLLOW.
- ONLY ONE BLOCK NORTH OF MAJOR SIGNALIZED INTERSECTION OF ATLANTIC & FLORENCE AVE.; WITH A TRAFFIC COUNT IN EXCESS OF 60,000 CARS PER DAY.
- AMPLE ON-SITE PARKING, IN ADDITION TO PLENTY OF STREET PARKING & CITY PARKING LOT IN THE REAR.
- EXCELLENT DEMOGRAPHICS; OVER 60,000 PEOPLE RESIDE WITHIN A 1-MILE RADIUS & OVER 350,000 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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