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Shopping Auto Center

9609 Atlantic Ave

9609 Atlantic Ave, South Gate, CA 90280

Listing Price: $2,650,000

Cap Rate
4.72%
Gross SF
10,715
Rentable SF
10,715
Price/Gross SF
$247.32
Lot Size
0.77 acres
Year Built
1986

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire 9609 Atlantic Avenue, an Investment property in South Gate. This subject property consists of an approximately 10,715 square feet multi-tenant retail building situated on 33,467 square feet SGCMYY zoned land. The six units feature auto body shops, a tire shop, and a smog station. 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
  • Multi-Tenants Property

Exclusively Listed By

Shopping Auto Center

9609 Atlantic Ave

Listing Price: $2,650,000

Cap Rate
4.72%
Gross SF
10,715
Rentable SF
10,715
Price/Gross SF
$247.32
Lot Size
0.77 acres
Year Built
1986

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
  • Multi-Tenants Property

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire 9609 Atlantic Avenue, an Investment property in South Gate. This subject property consists of an approximately 10,715 square feet multi-tenant retail building situated on 33,467 square feet SGCMYY zoned land. The six units feature auto body shops, a tire shop, and a smog station. 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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