17326 Pioneer Blvd - Freestanding FOR SALE


Artesia, CA 90701
$3,250,000 USD
818-298-8810
17326 Pioneer Blvd, Artesia, CA for Sale
$3,250,000 USD
Freestanding - FOR SALE
1/12
null | Request Cap Rate

17326 Pioneer Blvd
Artesia, CA 90701


HIGHLIGHTS

  • Artesia & Pioneer Blvd Signalized Intersection Strip Center
  • Intersection Boasts 50,000+ Vehicles
  • 5-Total Units with 3-Vacancies (60% of the Building)
  • Great SBA Loan and Owner-User Opportunity
  • 21 Parking Spaces for a 4:1 Parking Ratio

OVERVIEW

We are pleased to offer a 5-unit strip center on the signalized main and main intersection of Artesia Boulevard and Pioneer Blvd in Artesia, California. This property is approximately 5,000 Square feet, constructed in 1984, and situated on 15,500 square feet of land. There are 3-units, or 60% of the property, that’s currently vacant. This presents an opportunity for an owner-user to qualify for an SBA loan as an owner-occupied property. Alternatively, an investor can re-tenant the asset with a national tenant who is attracted to the high traffic counts and strong visibility. The location boasts an unparalleled combined traffic counts of over 50,000 vehicles per 2018 MPSA estimates. Being less than 500-feet from the 91 Freeway and 1-mile to the 605 Freeway, makes this location extremely commuter friendly. The immediate location is surrounded by National retailers including Chase Bank, Walgreens, Starbucks, Stater Bros and many more. Pioneer Boulevard is the main retail arterial through Artesia and the ingress and egress through the Pioneer and Artesia is convenient and easy. This quality asset and location does not come on the market very often and is a rare offering in today’s market.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$650 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

CPD

APN/PARCEL ID

7033-004-029

ASK ABOUT THIS PROPERTY

Kirk GarabedianKW CommercialMore Info
818-298-8810

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Kirk GarabedianKW CommercialMore Info
818-298-8810

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