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Shopping Strip

1200 W Beverly Blvd

1200 W Beverly Blvd, Montebello, CA 90640

Listing Price: $9,000,000

Cap Rate
4.61%
Gross SF
20,714
Rentable SF
20,714
Price/Gross SF
$434.49
Lot Size
1.20 acres
Year Built
1964

Investment Overview

Marcus & Millichap is pleased to present 1200 W Beverly Blvd. The opportunity consists of one strip center property totaling 20,714 SF situated on a 52,125 SF Lot located in the city of Montebello, CA. The property provides a great opportunity for an investor to acquire a property with future rental upside. There is also long-term development potential. The property is located just west of the busy W Beverly Blvd and N Montebello Blvd intersection. W Beverly Blvd is a major West-East thoroughfare, that sees roughly 40,000 vehicles per day. The property also sits about a 1 mile south of California State Route 60. The property is also in proximity to the Mart of Montebello. This section of Montebello boasts ideal demographics as there are more than 203,000 people living in a 3-mile radius, with an average household income exceeding $88,000 in a 3-mile radius.

Investment Highlights

  • Fully Occupied - Rare Strip Center Opportunity
  • Future Rental Upside
  • Long-Term Development Potential
  • Great Visibility Along West Beverly Blvd
  • Walk Score of 83 (Very Walkable)
  • Ample Parking (67 spots) – 3.2/1,000 Parking Ratio

Exclusively Listed By

Financing By

Shopping Strip

1200 W Beverly Blvd

Listing Price: $9,000,000

Cap Rate
4.61%
Gross SF
20,714
Rentable SF
20,714
Price/Gross SF
$434.49
Lot Size
1.20 acres
Year Built
1964

Investment Highlights

  • Fully Occupied - Rare Strip Center Opportunity
  • Future Rental Upside
  • Long-Term Development Potential
  • Great Visibility Along West Beverly Blvd
  • Walk Score of 83 (Very Walkable)
  • Ample Parking (67 spots) – 3.2/1,000 Parking Ratio

Investment Overview

Marcus & Millichap is pleased to present 1200 W Beverly Blvd. The opportunity consists of one strip center property totaling 20,714 SF situated on a 52,125 SF Lot located in the city of Montebello, CA. The property provides a great opportunity for an investor to acquire a property with future rental upside. There is also long-term development potential. The property is located just west of the busy W Beverly Blvd and N Montebello Blvd intersection. W Beverly Blvd is a major West-East thoroughfare, that sees roughly 40,000 vehicles per day. The property also sits about a 1 mile south of California State Route 60. The property is also in proximity to the Mart of Montebello. This section of Montebello boasts ideal demographics as there are more than 203,000 people living in a 3-mile radius, with an average household income exceeding $88,000 in a 3-mile radius.

Exclusively Listed By

Financing By

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