Available For Sale - Retail

13,858 SF | Show Pricing $

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AVAILABILITY DETAILS

Size
13,858 SF
Price/SF
Show Pricing $
Listing ID
SA496520
Notes
Overview

Vernon Retail Center is situated in the heart of Vernon at 2544-2550 Alameda Street, with immediate access to Downtown Los Angeles. The 70% occupied center has well known regional/local tenants including:

Jersey Mike’s, Cafe Dulce, the Vern Bar & Grill, and more. The Vernon Shopping Center has ample parking allowing easy access to retailers. This is an ideal property for a 1031 exchange buyer which will allow them to either pay all cash or obtain new debt with excellent financing terms.



Investment Highlights

• Multi-tenant street front retail building serving ±19,620

employees within 1-mile radius

• Abundant parking

• Multiple points of ingress/egress with great visibility and

pylon signage on well-trafficked Alameda Street with

±40,157 vehicles per day

• Diverse tenant mix of regional/national tenants

• Recent building and property upgrades

• Value-add opportunity through leasing and management

• New debt can be placed on property
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Chris Maling, Avison Young