Property Listing No Longer Available for Sale

4658 Firestone Blvd, South Gate, CA

Retail for Sale - $1,200,000


Property Info

CIMLS#1083033
Location
  4658 Firestone Blvd
  South Gate CA 90280
UpdatedDecember 17th, 2020
TypeRetail
Price$1,200,000

Property Description

Prime South Gate property with incredible visibility and frontage along Firestone Blvd. and directly across the street from Azalea Regional Shopping Center. Azalea RSC is anchored by some of the best retail tenants: Walmart, Ross, Petco, Wells Fargo, Marshalls, In N Out, Chipotle, Michael's, Forever 21, Game Stop, Blaze Pizza, Five Below, Denim Exchange and so many more. The property is and has been used as a women's fitness facility, has an operational swimming pool in the courtyard of the property and open gym / fitness studio in the rear building. There is an adjacent building included in the sale with on site parking spaces. This is a terrific opportunity to reposition the property with a new tenant and at $1.47/sf NNN the Proforma Cap Rate is 5.5%. The combined building square footage is 3,744sf and sits on a double lot approximately 11,802sf Zoned SGCMYY. Build New Construction on this hard corner or renovate existing and re-tenant. Perfect and ideal for an Owner/User. Could be great for Jiu Jitsu, Martial Arts Studio, Children's classes, and so much more. Additional APN 6216-014-012


Financials



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