Property Listing No Longer Available for Sale

3606 Tweedy Blvd, South Gate, CA

Retail for Sale - $1,595,000 - 8,266 Sq. Ft. on 0.23 acres


Property Info

CIMLS#916230
Location
  3606 Tweedy Blvd
  South Gate CA 90280
UpdatedJanuary 19th, 2017
TypeRetail
Price$1,595,000
Building8,266 Sq. Ft.
Land0.23 acres

Property Description

The subject property is corner located and consists of 8,266 SF single story street retail building on 10,070 SF C2 zoned lot. The building was built in 2000 and is located within the SP (Tweedy Boulevard Specific Plan).

The offering consists of 3 retail stores: Opportun, Eric's Clothing, & South Gate Crossfit. Opportun, a national credit tenant with over 200 locations across the U.S., has just signed a new 5 yr lease with 2-5 year options. Their unit includes an additional 1,381 SF mezzanine, which is not included in the properties SF. Eric's Clothing has been at the location for over 13 years and is currently on a month to month tenancy. South Gate Crossfit is currently on a lease thru 2018 and has been at the location for approximately 3 years.

The property has approximately 3 on-site parking spaces located at the rear of the property. The city also provides public parking behind the property in addition to ample street parking.

This opportunity will attract an investor looking to take advantage of the property's excellent location and frontage in an infill location.

Location Description:

The subject property is located along the southeast corner of Tweedy Boulevard (with approximately 95 FT of Frontage) and San Antonio Ave (with approximately 106 Ft of frontage). Tweedy Blvd. is considered one of the major commercial thoroughfares in the City of South Gate, which has good foot and car traffic counts (approx. 24K cars per day).

The local area provides an excellent tenant mix which includes tenants such as; CVS, Citi Bank, Dollar Tree, Payless Shoesource, DD's Discounts, Domino's Pizza, Subway, SoCalGas Company, and Sprint, just to name a few.

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Financials


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