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Shopping Strip

Florence Plaza

1941-2031 E Florence Ave, Huntington Park, CA 90001

Listing Price: $12,175,000

Cap Rate
6.56%
Gross SF
35,758
Rentable SF
34,688
Price/Gross SF
$340.48
Lot Size
1.93 acres
Year Built
1989

Investment Overview

Marcus & Millichap, as exclusive advisors, is pleased to present the opportunity
to acquire the fee simple interest in Florence Plaza (“Florence Plaza” or the
“Property”), a 37,088-square-foot retail strip center located in Huntington Park, a dense and
highly sought-after infill submarket of Los Angeles, California. The
asset present investors with a compelling value-add opportunity at a basis
well below replacement cost, anchored by strong in-place cash flow and
significant upside through future lease-up and repositioning.

Investment Highlights

  • HIGH VISIBILITY FRONTAGE The Property features approximately 630 feet of frontage on Florence Avenue and 100 feet on Wilson
  • MAIN & MAIN SIGNALIZED INTERSECTION Located at the intersection of Florence Avenue, a key eastwest thoroughfare, and Alameda Street
  • ESTABLISHED RETAIL CORRIDOR Directly across from El Super and the La Alameda Regional Shopping Center, home to national tenants such as Bank of America, CVS, Ross Dress for Less, Petco, and Marshall's

Exclusively Listed By

Financing By

Listing Price: $12,175,000

Cap Rate
6.56%
Gross SF
35,758
Rentable SF
34,688
Price/Gross SF
$340.48
Lot Size
1.93 acres
Year Built
1989

Investment Highlights

  • HIGH VISIBILITY FRONTAGE The Property features approximately 630 feet of frontage on Florence Avenue and 100 feet on Wilson
  • MAIN & MAIN SIGNALIZED INTERSECTION Located at the intersection of Florence Avenue, a key eastwest thoroughfare, and Alameda Street
  • ESTABLISHED RETAIL CORRIDOR Directly across from El Super and the La Alameda Regional Shopping Center, home to national tenants such as Bank of America, CVS, Ross Dress for Less, Petco, and Marshall's

Investment Overview

Marcus & Millichap, as exclusive advisors, is pleased to present the opportunity to acquire the fee simple interest in Florence Plaza (“Florence Plaza” or the “Property”), a 37,088-square-foot retail strip center located in Huntington Park, a dense and highly sought-after infill submarket of Los Angeles, California. The asset present investors with a compelling value-add opportunity at a basis well below replacement cost, anchored by strong in-place cash flow and significant upside through future lease-up and repositioning.

Exclusively Listed By

Financing By

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