13563-13567 Telegraph Rd - Retail FOR SALE


Whittier, CA 90605- South Whittier
$8,222,000 USD
415-971-4347
13563-13567 Telegraph Rd, Whittier, CA for Sale
$8,222,000 USD
Retail - FOR SALE
1/6
null | 6.5% Cap Rate

13563-13567 Telegraph Rd
Whittier, CA 90605
South Whittier


HIGHLIGHTS

  • An unanchored strip center, along with a freestanding WSS. The strip center is a 6-unit building leased to daily needs, service-based retailers
  • All six tenants are on new leases that include annual rental escalations and extension options
  • WSS is on a 5-year lease with five, 5-year options and 10% increases every 5 years
  • The WSS building underwent a full renovation, including the installation of a new roof and HVAC units
  • All tenants reimburse for CAM expenses, which includes property management and/or admin fees
  • Located on a signalized intersection, and benefits from excellent street visibility and traffic counts (62,000+ VPD)

OVERVIEW

Telemills Plaza is a newly constructed shopping center located in Whittier, at the signalized intersection of Telegraph Road and Mills Avenue (62,000+ VPD). The offering consists of two buildings; a 6-unit unanchored strip center, as well as a single-tenant standalone WSS.

FOR SALE DETAILS

PRICE

$8,222,000 USD

PRICE/SF

$410 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Telemills Plaza Strip Center

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.68 AC

LAND SF

73,181 SF

ZONING

M-1-BE

APN/PARCEL ID

8157-024-027,8157-024-029

ASK ABOUT THIS PROPERTY

Chris KostaneckiCP Partners CREMore Info
415-971-4347

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Chris KostaneckiCP Partners CREMore Info
415-971-4347

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.