NNN Leased Investment | 10329 Artesia Blvd
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NNN Leased Investment 10329 Artesia Blvd
4,591 SF Office Building Bellflower, CA 90706 £2,423,827 (£528/SF) 5% Net Initial Yield
Investment Highlights
- Integrated Life's business is a service for adults with developmental disabilities.
- New roof was constructed in 2019 with a 20-year transferable warranty.
- Almost 5 years remaining on lease.
Executive Summary
A strong AIR NNN Lease is in place with Integrated Life LLC. The lease expires December 31, 2028 with no options to renew. Download offering memorandum from the property website for details. Almost 5 years remaining on lease.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Building Size
4,591 SF
Building Class
B
Year Built/Renovated
1940/2019
Price
£2,423,827
Price Per SF
£528
Net Initial Yield
5%
NOI
£121,191
Tenancy
Single
Number of Floors
1
Typical Floor Size
4,591 SF
Building FAR
0.38
Land Acres
0.28 AC
Zoning
CG - BFCG
Parking
12 Spaces (2.61 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
1 of 1
Walk Score ®
Very Walkable (74)
PROPERTY TAXES
Parcel Number | 7163-015-038 | Improvements Assessment | £331,946 |
Land Assessment | £331,946 | Total Assessment | £663,892 |
PROPERTY TAXES
Parcel Number
7163-015-038
Land Assessment
£331,946
Improvements Assessment
£331,946
Total Assessment
£663,892
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NNN Leased Investment | 10329 Artesia Blvd
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