14249 Whittier Blvd - Freestanding FOR SALE


Whittier, CA 90605- East Whittier City
$6,083,000 USD
562-393-6144
14249 Whittier Blvd, Whittier, CA for Sale
$6,083,000 USD
Freestanding - FOR SALE
1/18
null | 4.75% Cap Rate

14249 Whittier Blvd
Whittier, CA 90605
East Whittier City


HIGHLIGHTS

  • Opportunity to own a single-tenant triple net asset with a corporate-backed Amazon lease with 10% increases every 5 years.
  • Situated at the signalized corner of Whittier Boulevard and Ocean View Avenue, this property benefits from easy ingress and egress.
  • 14249 Whittier Boulevard is a completely renovated building with a 20-year roof warranty, liquor sales permitting, and a food prep kitchen.
  • Surrounded by various retailers such as Starbucks, LA Fitness, Big 5 Sporting Goods, Ralph's, Target, HomeGoods, and Ulta Beauty.
  • Tenants benefit from excellent monument signage displayed in a high-traffic location, with almost 60,000 vehicles passing through per day.
  • Dense and affluent demographics within a 5-mile radius were over 449,832 residents, bringing in an average household income of $123,183.

OVERVIEW

14249 Whittier Boulevard is a prime single-tenant triple-leased property in Whittier, California. Amazon Go, the tenant, is corporately guaranteed by Amazon and provides an owner the peace of mind of acquiring a highly coveted investment-grade tenanted property. With the property's excellent frontage of approximately 130 feet on Whittier Boulevard and 21 parking spaces, there is potential for future demising of the premises into a multi-tenant center. Additionally, this recently completely renovated building has a roof warranty of 20 years and features high ceilings and no deferred maintenance. 14249 Whittier Boulevard is also permitted for liquor sales and includes a kitchen for food preparation.

FOR SALE DETAILS

PRICE

$6,083,000 USD

PRICE/SF

$1,086 USD /SF

CAP RATE

4.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

WHC2*

APN/PARCEL ID

8147-015-001

ASK ABOUT THIS PROPERTY

Fariba KavianNAI CapitalMore Info
562-393-6144

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Fariba KavianNAI CapitalMore Info
562-393-6144

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