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Shopping Auto Center

9533 Atlantic Ave

9533 Atlantic Ave, South Gate, CA 90280

Listing Price: $1,350,000

Cap Rate
4.28%
Gross SF
2,750
Rentable SF
2,750
Price/Gross SF
$490.91
Lot Size
0.64 acres
Year Built
1958

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire 9533 Atlantic Avenue, an Investment property in South Gate. This subject property consists of an approximately 2,750 square feet single tenant retail building situated on 28,036 square feet SGCMYY zoned land. Current tenant is Paraiso Motors, Inc. which generates $57,750 of Net Operating Income. The densely populated submarket with almost 1,000,000 residents within a five-mile radius boasts high traffic counts, approximately 19,125 cars daily. The city, South Gate, has invested in the redevelopment of the area and proactively assists any new development projects that benefit the area to ensure that the property is optimally used to the greatest extent. Also, the city is bounded by Freeway 710, 5, 110, and 105, a central and easily accessible destination in the community.

Investment Highlights

  • Rare Investment Opportunity in the Heart of South Gate
  • Adjacent to Freeways - 710 and 105
  • Heavy Traffic Counts - Exposure to Over 19,125 VPD along Atlantic Avenue
  • Large Lot - 28,036 SF
  • Abundant Parking - 75 Spaces

Exclusively Listed By

Shopping Auto Center

9533 Atlantic Ave

Listing Price: $1,350,000

Cap Rate
4.28%
Gross SF
2,750
Rentable SF
2,750
Price/Gross SF
$490.91
Lot Size
0.64 acres
Year Built
1958

Investment Highlights

  • Rare Investment Opportunity in the Heart of South Gate
  • Adjacent to Freeways - 710 and 105
  • Heavy Traffic Counts - Exposure to Over 19,125 VPD along Atlantic Avenue
  • Large Lot - 28,036 SF
  • Abundant Parking - 75 Spaces

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire 9533 Atlantic Avenue, an Investment property in South Gate. This subject property consists of an approximately 2,750 square feet single tenant retail building situated on 28,036 square feet SGCMYY zoned land. Current tenant is Paraiso Motors, Inc. which generates $57,750 of Net Operating Income. The densely populated submarket with almost 1,000,000 residents within a five-mile radius boasts high traffic counts, approximately 19,125 cars daily. The city, South Gate, has invested in the redevelopment of the area and proactively assists any new development projects that benefit the area to ensure that the property is optimally used to the greatest extent. Also, the city is bounded by Freeway 710, 5, 110, and 105, a central and easily accessible destination in the community.

Exclusively Listed By

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