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99 Cents & Medical Property 2 Properties Offered at $8,905,600 CAD in Multiple Locations
INVESTMENT HIGHLIGHTS
- Fully occupied 2-property portfolio with 99 Cent Only Stores and a medical office building, listed for $7.2 million at a 4% cap rate.
- Prime location at a high-traffic intersection with excellent visibility and close to 1 million residents within 5 miles.
EXECUTIVE SUMMARY
Realty Group Advisors is pleased to present this 2 property portfolio sale. (.99 Cent Only Stores) 2566 E Florence Ave & (Medical Office building) 2548 E Florence Ave, as an investment sale fully occupied listed for $7.2 million at a 4% cap rate. 99. Cent Only Stores sits on 16,998 square feet with a 7,943 square feet freestanding single tenant building, Medical building sits on 17,046 square feet with a 9,034 square feet building of multi-tenant medical & retail. The subject property enjoys superb demographics & visibility in a densely populated area with close to 1 million residents within a 5-mile radius. Located in a high trafficked and popular intersection of Florence Ave & Pacific Blvd.
PROPERTY FACTS
| Price | $8,905,600 CAD | Number of Properties | 2 |
| Price / SF | $524.48 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 4.50% | Total Building Size | 16,980 SF |
| Sale Type | Investment | Total Land Area | 0.68 AC |
| Status | Active |
| Price | $8,905,600 CAD |
| Price / SF | $524.48 CAD / SF |
| Cap Rate | 4.50% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 16,980 SF |
| Total Land Area | 0.68 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 2548 E Florence Ave, Huntington Park, CA 90255 | Office | 9,037 SF | 1966 | - |
| 2566 E Florence Ave, Walnut Park, CA 90255 | Retail | 7,943 SF | 1937 | - |
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99 Cents & Medical Property
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