Log In/Sign Up
Your email has been sent.
3248 Florence Ave 4,862 SF 100% Leased Retail Building Huntington Park, CA 90255 $2,424,170 CAD ($498.60 CAD/SF) 6.79% Cap Rate
Investment Highlights
- Value-Add Opportunity - In-place rents average just $1.15 gross, offering clear upside as leases roll and rents are marked to market
- Owner-User Flexibility - Most in-place leases expire within the next 24 months, and one existing vacancy creates a near-term opportunity
- Service-Oriented Tenants - The property consists of a diverse mix of service-oriented tenants, including commercial and automotive uses
- High-Barrier Infill Location - Located along Florence Avenue in Huntington Park, where limited zoning, scarce replacement sites
Executive Summary
CBRE Inc. has been exclusively engaged by the Orange County Superior Court to sell 3248 E. Florence Avenue in Huntington Park, CA
A multi-tenant auto-service-oriented property in the dense, supply-constrained Huntington Park market. Situated on a high-traffic corridor with excellent visibility and strong repeat-drive patterns.
A multi-tenant auto-service-oriented property in the dense, supply-constrained Huntington Park market. Situated on a high-traffic corridor with excellent visibility and strong repeat-drive patterns.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,862 SF
Building Class
C
Year Built
1987
Price
$2,424,170 CAD
Price Per SF
$498.60 CAD
Cap Rate
6.79%
NOI
$164,601 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
10’
Building FAR
0.42
Lot Size
0.27 AC
Zoning
HPCG*
Parking
11 Spaces (2.26 Spaces per 1,000 SF Leased)
Frontage
111’ on Florence Ave
Amenities
- Pylon Sign
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- HP Auto Repair
- Services
- -
- -
- -
- Huntington Park Auto Center
- Retailer
- -
- -
- -
- Jalisco Meat Market
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| HP Auto Repair | Services | - | - | - | ||
| Huntington Park Auto Center | Retailer | - | - | - | ||
| Jalisco Meat Market | Retailer | - | - | - |
Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
60/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 6213-001-027 | Improvements Assessment | $941,408 CAD |
| Land Assessment | $775,794 CAD | Total Assessment | $1,717,203 CAD |
Property Taxes
Parcel Number
6213-001-027
Land Assessment
$775,794 CAD
Improvements Assessment
$941,408 CAD
Total Assessment
$1,717,203 CAD
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
3248 Florence Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.