OFFERING PRICE:

$15,000,000


TOTAL BUILDING AREA:
±34,642 SF




TOTAL LAND AREA:
±142,123 SF
(±3.26 Acres)
FEATURED LISTING:
11750 WHITTIER BLVD
Whittier, CA
INVESTMENT HIGHLIGHTS
 
Southern California Repositioning Opportunity – Rare opportunity to acquire a ±34,642 SF single tenant retail building formerly occupied by Cardenas Market, who vacated the premises but is committed to paying rent for the next 14 years
 
Existing Cash Flow with Basis Reduction Opportunity – Existing cash flow from Cardenas Market with the potential for an investor to lower its basis with a lease buyout, subject to negotiation
 
Strategic Infill Location – Situated in the heart of an extremely dense Los Angeles County trade area in the city of Whittier fronting on one of the city’s heaviest traveled thoroughfares, Whittier Blvd
 
High Visibility, High Traffic Location – The property enjoys excellent access from and line of sight visibility along Whittier Blvd (±30,100CPD) as well as offering two (2) point of access from Sorensen Ave, a secondary collector street provided with a signalized intersection designed with  left or right turn accessibility to the property
 
Pride of Ownership Asset – High quality construction with significant capital improvements undertaken in 2020, reflecting no deferred maintenance

 

 
FOR MORE
INFORMATION
PLEASE CONTACT:
 
NRP-WEST
ERIC SHAIN
+1 949 809 3758
Lic. 02050566

eric.shain@cbre.com
 
PRESTON FETROW
+1 949 725 8538
Lic. 00923282

preston.fetrow@cbre.com 
 
INVESTMENT PROPERTIES SOCAL, PHOENIX, VEGAS
MARK SHAFFER
+1 818 502 6700
Lic. 01253743

mark.shaffer@cbre.com
DOUG MACK
+1 949 725 8571
Lic. 01804065

doug.mack@cbre.com
GARY STACHE
+ 1 949 725 8532
Lic. 00773736

gary.stache@cbre.com



THIS IS A MARKETING COMMUNICATION

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

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