809 W Rosecrans Ave - Storefront Retail/Office FOR SALE


Compton, CA 90222
$8,500,000 USD
213-926-5595
809 W Rosecrans Ave, Compton, CA for Sale
$8,500,000 USD
Storefront Retail/Office - FOR SALE
1/14
null | 5.5% Cap Rate

809 W Rosecrans Ave
Compton, CA 90222


HIGHLIGHTS

  • Value-Add: Significant value can be created by tenanting the 30,000 SF Pad with 10,000 SF buildable space.
  • Strong traffic counts at the intersection of W. Rosecrans Avenue and N. Wilmington are ±76,559 vehicles per day.
  • Excellent visibility and monument signage along Rosecrans Avenue and another on Wilmington Avenue offing high visibility to passing traffic.
  • 30,000 SF Pad / 10,000 SF buildable Value Add Pad allows opportunity ideal for ideal development due to Compton's C-2 zoning and wide permitted uses.
  • Internet Resistant Retail Uses
  • Captive audience for a variety of local retail services for local shoppers.

OVERVIEW

Legendary Commercial Real Estate is pleased to present the prime opportunity to acquire the WilRose Plaza Shopping Center in Compton, CA (“The Property”). The 60,801 SF/± 1.40-acre property consists of 8,160 SF Leased Space in three Pads and an additional 30,000 SF Pad with 10,000 SF Buildable Space - Value Add Pad (available for Ground Lease or Build to Suit) for a total of 18,160 SF rental square foot. This is a Value-Add Shopping Center Investment Opportunity 5.5% Proforma CAP. The existing 10,000 SF Pad is fully entitled and permit-ready for other retail uses. The entire pad can be developed on a Built to Suit basis or Ground Leased to include a drive-thru restaurant, or other retail, office, and medical options.

FOR SALE DETAILS

PRICE

$8,500,000 USD

PRICE/SF

$468 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

60,801 SF Value Add Shopping Center For Sale

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

72

LAND DETAILS

LAND ACRES

1.4 AC

LAND SF

60,801 SF

ZONING

COCM*

APN/PARCEL ID

6144-022-015

ASK ABOUT THIS PROPERTY

Armando AguirreLegendary Commercial Real EstateMore Info
213-926-5595

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Armando AguirreLegendary Commercial Real EstateMore Info
213-926-5595

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