3212 W 85th Street, Inglewood, CA
Retail for Sale - $689,000 - 4,104 Sq. Ft. on 5400 acres
Property Info
| CIMLS# | 761406 |
| Location 3212 W 85th Street Inglewood CA 90305 | |
| Updated | December 3rd, 2014 |
| Type | Retail |
| Price | $689,000 |
| Building | 4,104 Sq. Ft. |
| Land | 5400 acres |
Property Description
U.S. Postal Facility that provides a solid "armchair" investment. Lease expires in 2017 and renewal is expected. The buildings location and size would lend itself to many potential lessees.
Location Description:
Inglewood is a city in southwestern Los Angeles County, California, southwest of downtown Los Angeles. As of the 2010 U.S. Census, the city had a population of 109,673. It was incorporated on February 14, 1908. The city is in the South Bay region of the greater Los Angeles area.
Highlights:
>> 8.1% Cap Rate!
>> Building continuously occupied by the Postal Service for 65 years.
>> All Maintenance and Repairs the Responsibility of he USPS, including Roof.
>> Property Taxes Reimbursed by USPS
>> Incredible Yield for Net Leased Investment in Southern California
>> Ideal 1031 Exchange Property
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Financials
Sales Info:
>> Commision split: 2.5%
