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Slauson Plaza Center, For Sale (Los Angeles, CA)

Commercial Real estate listings near Los Angeles, CA, US | Quantumlisting
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Listing was updated on: 07/06/2020
Price: 5700000.00
location icon 4900 West Slauson Avenue, Los Angeles, CA, USA
Retail for Sale
16000.00 sqft
from March 12, 2019
Description

New on Market: First Time in 32 Years Only 1 Owner - Pride of Ownership

Visit https://www.johnallecompany.com/featured-property.html for complete information and brochure.

Offering Price: $5,750,000
Projected NNN Rents: $2.25 PSF
Cap Rate: 5%
Ownership: Fee Simple
Total Building Area: Approx. 16,000 SF
Total Land Area: Approx. 35,750 SF

Call John E. Alle for more information: 310-990-7124.

- Separate Parcels — Both buildings are on separate parcels, presenting an investor an opportunity to possibly sell off each pad individually to increase returns and reduce basis in the property

- Slauson Plaza Center has over 90% destination-oriented, financial service, and retail tenants — internet-independent

- Below Market Rents — In-place rents average just $1.79 PSF, well below rents for similar properties in the trade area

- Dense In-Fill Los Angeles Demographics — There are over 250,000 people within a 5-mile radius of the subject property

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The information above is from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice.