Log In/Sign Up
Your email has been sent.
SELLER MAY FINANCE | FLEX IN PRICE 700-738 W Compton Blvd 24,503 SF 48% Leased Retail Building Compton, CA 90220 $6,919,998 CAD ($282.41 CAD/SF)
Investment Highlights
- SELLER MAY FINANCE
- SIGNALIZED CORNER
- QUINTESSENTIAL VALUE ADD DEAL
- MASSIVE PARCEL
- 38% VACANT. IMMEDIATE ACTIONABLE UPSIDE.
Executive Summary
16 storefronts/almost 25K rentable square feet on a massive 80K sq. foot lot! Due to long-term, lax, one-family ownership and management, there is immediate meat on the bone for a savvy Buyer. Approximately 1/2 of the 22K sq. ft. is currently vacant - 7 of the 16 store can command a market rent immediately. And the existing tenants are on shorter-terms leases or MTM, meaning the entire center could be 'at market' sooner rather than later. This signalized SEC corner of Wilmington and Compton location is ripe for reimaging - the NEC is home to a newer build-to-suit, credit tenant (AutoZone), for example. Just behind this center is an attractive planned urban development of 300+ homes. And the Compton Airport is only 3 blocks away. 60K cars/day at this corner. $83K average household income. $538K median home value. Projected rents of $2.38/foot NNN modeled for the empty spaces.
PRICED TO SELL AT $204/FOOT AND
SELLER MAY FINANCE. RATE AND TERMS NEGOTIABLE.
PRICED TO SELL AT $204/FOOT AND
SELLER MAY FINANCE. RATE AND TERMS NEGOTIABLE.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
24,503 SF
Building Class
C
Year Built
1962
Price
$6,919,998 CAD
Price Per SF
$282.41 CAD
Percent Leased
48%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
1.74 AC
Opportunity Zone
Yes
Zoning
COCL*
Parking
72 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
City National Bank
Property Taxes
| Parcel Number | 6161-012-012 | Improvements Assessment | $1,172,790 CAD |
| Land Assessment | $176,221 CAD | Total Assessment | $1,349,011 CAD |
Property Taxes
Parcel Number
6161-012-012
Land Assessment
$176,221 CAD
Improvements Assessment
$1,172,790 CAD
Total Assessment
$1,349,011 CAD
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
SELLER MAY FINANCE | FLEX IN PRICE | 700-738 W Compton Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.