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12040 Paramount Blvd
Downey, CA 90242
Retail Property For Sale
Investment Highlights
- 90% SBA Loan Potential
- Separately metered
- Shadow Anchored Shakey's Pizza & Tempo Cantina
- Month-to-Month tenancy
- Situated between I-710, I-5, I-105, and I-605 Freeways
- Large Monument Sign
Executive Summary
Kidder Mathews is pleased to present Retail Investment and Owner-User Opportunity for sale in Downey, California. This opportunity consists of mostly month-to-month tenancy, allowing either an owner-user or an investor the flexibility to implement immediate change
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,125 SF
Building Class
C
Year Built
1965
Price
$3,969,491 CAD
Price Per SF
$774.53 CAD
Cap Rate
7.05%
NOI
$279,849 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
0.37 AC
Zoning
DOC1 - Commercial
Parking
16 Spaces (3.12 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 6259-003-054 | Improvements Assessment | $666,728 CAD |
| Land Assessment | $1,481,622 CAD | Total Assessment | $2,148,350 CAD |
Property Taxes
Parcel Number
6259-003-054
Land Assessment
$1,481,622 CAD
Improvements Assessment
$666,728 CAD
Total Assessment
$2,148,350 CAD
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