1752 W Slauson Ave - Storefront FOR SALE


Los Angeles, CA 90047
$6,450,000 USD
310-906-3295
1752 W Slauson Ave, Los Angeles, CA for Sale
$6,450,000 USD
Storefront - FOR SALE
1/16
null | 6.05% Cap Rate

1752 W Slauson Ave
Los Angeles, CA 90047


HIGHLIGHTS

  • Nation Chain Tenants Including 7-Eleven, Wingstop, T-Mobile, Ace Cash Express and little Caesars Pizza
  • Six-tenant NNN strip center
  • 100% occupied synergistic food & service tenants
  • Stable in place income/long term occupants - 5 of 6 Tenants Recently Extended
  • ±70,000 vehicles per day signalized intersection
  • Across from Home Depot anchored Chesterfield Square

OVERVIEW

Kidder Mathews as exclusive agent to Owner is pleased to present for sale 1752-1754 W Slauson Avenue, Los Angeles, CA. The offering represents an ideal "daily needs urban neighborhood strip center" in a core Los Angeles market. The ±8,919 SF building/± 22,681 SF site (0.52 Acres) is situated at the bustling SEC of the signalized intersection of W Slauson Ave & S Western Ave (±70,000 VPD). Anchored by 7-Eleven (recent 10-year lease extension), the property is 100% leased to a synergistic mix of six (6) quick service restaurant/service tenants including national/regional brands such as Metro by T-Mobile, Wingstop, Ace Cash Express and Little Caesars Pizza. Several tenants have executed recent renewal options demonstrating their commitment to the center. In addition, 5 out of 6 tenants have over 10 years of successful historical occupancy at the property. A brand-new roof was installed December 2023 (20-year assignable labor & materials warranty) and the parking lot asphalt was recently resurfaced in September 2021. In totality, the property offers an investor the opportunity to acquire a well maintained “internet resistant daily needs/food” based strip center with stable in place income and scheduled rental growth.

FOR SALE DETAILS

PRICE

$6,450,000 USD

PRICE/SF

$760 USD /SF

CAP RATE

6.05%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Absolute Net Lease Multi Tenant Retail Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Convenience Store, Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

C2-2D-CPIO (TOC - Tier 3)

APN/PARCEL ID

6002-001-001

ASK ABOUT THIS PROPERTY

Simon MattoxKidder MathewsMore Info
310-906-3295

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Simon MattoxKidder MathewsMore Info
310-906-3295

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