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PRICE REDUCED-7% CAP RATE! 17500 Carmenita Rd 42,794 SF 100% Leased Retail Building Cerritos, CA 90703 $17,309,408 CAD ($404.48 CAD/SF) 7% Cap Rate

Retail Spaces California Cerritos 17500 Carmenita Rd, Cerritos, CA 90703

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INVESTMENT HIGHLIGHTS

  • Great opportunity for a value add investment!
  • Easy access from 91 Freeway. Carmenita Rd exit @ Artesia Blvd.

EXECUTIVE SUMMARY

Retail Center with Up-Side Potential !

ATTACHMENTS

17500 Carmenita PKG 12.4 July

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
42,794 SF
Building Class
B
Year Built/Renovated
1971/2012
Price
$17,309,408 CAD
Price Per SF
$404.48 CAD
Cap Rate
7%
NOI
$1,211,659 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
11’
Building FAR
0.26
Lot Size
3.80 AC
Zoning
CN, Cerritos - Commercial, Retail
Parking
218 Spaces (5.09 Spaces per 1,000 SF Leased)
Frontage
397’ on Carmenita

AMENITIES

  • Bus Line
  • Signage
  • Signalized Intersection
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector
1 1
17500 Carmenita Rd, Cerritos, CA - AERIAL map view - Image1
17500 Carmenita Rd, Cerritos, CA - AERIAL map view - Image2
Walk Score®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

NEARBY MAJOR RETAILERS

Bank of Hope
Bank of Montreal
Jazzercise
Starbucks
IHOP
Islands
Romano's Macaroni Grill
Planet Fitness
Trader Joe's
It's A Grind Coffee House

PROPERTY TAXES

Parcel Number 7027-020-038 Improvements Assessment $3,460,638 CAD
Land Assessment $12,660,889 CAD Total Assessment $16,121,527 CAD

PROPERTY TAXES

Parcel Number
7027-020-038
Land Assessment
$12,660,889 CAD
Improvements Assessment
$3,460,638 CAD
Total Assessment
$16,121,527 CAD
(714) 772-0602

Still interested?

Contact the broker for more information about this property

CONTACT

  • Listing ID: 32769499

  • Date on Market: 2024-08-12

  • Last Updated:

  • Address: 17500 Carmenita Rd, Cerritos, CA 90703

The ABC Retail Property at 17500 Carmenita Rd, Cerritos, CA 90703 is currently available. Contact Kott & Company, Inc. for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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PRICE REDUCED-7% CAP RATE! | 17500 Carmenita Rd
(714) 772-0602 x

PRICE REDUCED-7% CAP RATE! | 17500 Carmenita Rd

Wally Courtney
(714) 772-0602

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