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Shopping Strip

Whittier Retail Center

10701 La Mirada Blvd, Whittier, CA 90604

Listing Price: $7,988,500

Cap Rate
5.00%
Gross SF
20,245
Rentable SF
20,245
Price/Gross SF
$394.59
Lot Size
1.59 acres
Year Built
1966

Investment Overview

Traditional Retail Strip Center is approximately 20,170 net rentable square feet, with 13 tenants on short term triple net (NNN) leases. Tenants reimburse the Landlord for their pro-rated share of property taxes, insurance, and common area maintenance, repairs, water, and utilities. The property is well positioned at a busy signalized intersection along La Mirada Blvd, in the city of Whittier, Los Angeles County, California.

Investment Highlights

  • Diversified income stream
  • Seasoned, popular tenant roster
  • Excellent historical rent payments
  • Low rent base - ability to increase
  • Oversized parcel of approximately 1.6 acres
  • Possible expansion to add income
  • New roof
  • Extremely dense population of almost 30,000 in a one mile radius

Exclusively Listed By

Financing By

Listing Price: $7,988,500

Cap Rate
5.00%
Gross SF
20,245
Rentable SF
20,245
Price/Gross SF
$394.59
Lot Size
1.59 acres
Year Built
1966

Investment Highlights

  • Diversified income stream
  • Seasoned, popular tenant roster
  • Excellent historical rent payments
  • Low rent base - ability to increase
  • Oversized parcel of approximately 1.6 acres
  • Possible expansion to add income
  • New roof
  • Extremely dense population of almost 30,000 in a one mile radius

Investment Overview

Traditional Retail Strip Center is approximately 20,170 net rentable square feet, with 13 tenants on short term triple net (NNN) leases. Tenants reimburse the Landlord for their pro-rated share of property taxes, insurance, and common area maintenance, repairs, water, and utilities. The property is well positioned at a busy signalized intersection along La Mirada Blvd, in the city of Whittier, Los Angeles County, California.

Exclusively Listed By

Financing By

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