Available For Sale - Retail

8,559 SF | Show Pricing $

Download Brochure

AVAILABILITY DETAILS

Size
8,559 SF
Price/SF
Show Pricing $
Listing ID
SA415758
Notes
High-Income Coastal Demographics

•More than 22,800 people in a 1-mile radius with an Average Household Income exceeding $141,700

•More than 183,700 people in a 3-mile radius with an Average Household Income exceeding $94,600

•More than 363,200 people in a 5-mile radius with an Average Household Income exceeding $94,700•

The average Belmont Shore home value within a 1-mile radius is $1,200,000

Opportunity to Increase Billboard Cash Flow

•Current billboard lease with ClearChannel offers substantial upside in cash flow upon lease expiration in 2021

Excellent 1031 Exchange Opportunity

•Coastal Los Angeles County retail asset with in-place income and significant upside potential

•No existing financing in place. Pay cash or close with new financing at historically favorable rates and terms
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
Art Flores, CBRE