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Shopping Strip

Maywood Commercial Plaza

4000 Slauson Ave, Maywood, CA 90270

Listing Price: $1,850,000

Cap Rate
6.12%
Gross SF
7,115
Rentable SF
7,115
Price/Gross SF
$260.01
Lot Size
0.23 acres
Year Built
1946

Investment Overview

Marcus & Millichap Real Estate Investment Services is pleased to present for-sale the Maywood Commercial Plaza located in Maywood, California. This investment provides an opportunity for either an owner/ user or an investor to acquire a 3-4 tenant storefront retail/commercial center with an ideal location in densely populated southeast Los Angeles County. Maywood is a small Gateway city in Los Angeles County. At 1.18 square miles (3.1 km2), Maywood is the third-smallest incorporated city in Los Angeles County. It is bordered by the cities of Bell on the south, Vernon on the north and west, Huntington Park on the southwest, and Commerce on the east. It is the most densely-populated city in California. This value-added asset will give the new ownership the ability to reposition and/or occupy a portion of the subject property. A new investor will Improve income through better management and leasing the vacant space. An owner/user will be able to obtain historically low interest rates using Small Business Administration (SBA) financing. Effectively, it may be more economical to own the building rather than to lease space considering today’s low interest rates and the potential tax advantages of real estate ownership. The Maywood Commercial Plaza consists of one, 1-story retail/ commercial building totaling approximately 7,115 rentable square feet. The property is situated on 0.23 acres of fee land located at the signalized intersection of Slauson Avenue and Corona Avenue. The property offers 122 feet of frontage along heavily traveled Slauson Avenue and 99 feet of frontage along Corona Avenue. Directly behind the building is a fenced yard/parking area for the use of the tenants. The property has a MYC1YY Commercial zoning. Given the great centralized Los Angeles location, the Maywood Commercial Plaza provides tenants excellent access to the freeways, restaurants, shopping and other services.

Investment Highlights

  • Ideal Owner/User Opportunity or Investment
  • Significant Upside Through Leasing & Management
  • Signalized Corner Location with Great Traffic & Frontage
  • Historically Low Interest Rates; SBA Financing with 10% Down Payment
  • Effective "Rent" of Ownership only $0.45/SqFt/NNN
  • Dense Demographics - Over 1 Million People within a 5-Mile Radius

Exclusively Listed By

Shopping Strip

Maywood Commercial Plaza

Listing Price: $1,850,000

Cap Rate
6.12%
Gross SF
7,115
Rentable SF
7,115
Price/Gross SF
$260.01
Lot Size
0.23 acres
Year Built
1946

Investment Highlights

  • Ideal Owner/User Opportunity or Investment
  • Significant Upside Through Leasing & Management
  • Signalized Corner Location with Great Traffic & Frontage
  • Historically Low Interest Rates; SBA Financing with 10% Down Payment
  • Effective "Rent" of Ownership only $0.45/SqFt/NNN
  • Dense Demographics - Over 1 Million People within a 5-Mile Radius

Investment Overview

Marcus & Millichap Real Estate Investment Services is pleased to present for-sale the Maywood Commercial Plaza located in Maywood, California. This investment provides an opportunity for either an owner/ user or an investor to acquire a 3-4 tenant storefront retail/commercial center with an ideal location in densely populated southeast Los Angeles County. Maywood is a small Gateway city in Los Angeles County. At 1.18 square miles (3.1 km2), Maywood is the third-smallest incorporated city in Los Angeles County. It is bordered by the cities of Bell on the south, Vernon on the north and west, Huntington Park on the southwest, and Commerce on the east. It is the most densely-populated city in California. This value-added asset will give the new ownership the ability to reposition and/or occupy a portion of the subject property. A new investor will Improve income through better management and leasing the vacant space. An owner/user will be able to obtain historically low interest rates using Small Business Administration (SBA) financing. Effectively, it may be more economical to own the building rather than to lease space considering today’s low interest rates and the potential tax advantages of real estate ownership. The Maywood Commercial Plaza consists of one, 1-story retail/ commercial building totaling approximately 7,115 rentable square feet. The property is situated on 0.23 acres of fee land located at the signalized intersection of Slauson Avenue and Corona Avenue. The property offers 122 feet of frontage along heavily traveled Slauson Avenue and 99 feet of frontage along Corona Avenue. Directly behind the building is a fenced yard/parking area for the use of the tenants. The property has a MYC1YY Commercial zoning. Given the great centralized Los Angeles location, the Maywood Commercial Plaza provides tenants excellent access to the freeways, restaurants, shopping and other services.

Exclusively Listed By

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