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High Traffic Retail Shell in LA Suburb 3311 W Beverly Blvd
2,500 SF Vacant Retail Building Online Auction Sale Montebello, CA 90640
Investment Highlights
- This versatile retail storefront shell will be delivered vacant, providing an ideal canvas for retail users or value-add investors.
- Easily accessible via major arteries, including the 5 and the 710, as well as Highway 60, with nearby public transportation options.
- Direct frontage to W Beverly Boulevard provides strong daily exposure to more than 26,000 passing vehicles and additional strong foot traffic.
- Over 207,000 residents within 3 miles, with an average household income exceeding $85,000, resulting in consumer spending of more than $2 billion.
Executive Summary
Discover attractive features that set 3311 W Beverly Boulevard apart from the competition. Comprising 2,500 square feet of versatile space, the building is an ideal canvas for a wide range of retail ventures. It is equipped with a full glass storefront, a mostly open floor plan, and a large storage space. Direct frontage to W Beverly Boulevard provides visibility to more than 26,000 passing vehicles daily, delivering strong exposure to potential customers. Exceptional signage opportunities can be used to generate additional income from a signage lease or to market an owner's business. Situated within walking distance of many local establishments, the location promises high foot traffic and convenience for patrons.
3311 West Beverly Boulevard in Montebello is situated in a diverse and vibrant neighborhood that offers a mix of urban convenience and suburban charm. Residents enjoy easy access to amenities such as grocery stores, restaurants, and the Montebello Town Center. Nearby parks like Smith Park provide recreational opportunities, and the area is well-connected via major roadways such as the 5 and the 710, as well as Highway 60. There are also plentiful nearby public transportation options.
With its strategic location and ample square footage, 3311 W Beverly Boulevard offers the chance to make your mark in Montebello’s vibrant commercial landscape.
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- Operating and Financials
- Purchase Agreement
- Title and Insurance
Market Analytics Click Here to Access
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Market Sale Price per SF
Los Angeles - CA USA
Market Cap Rate
Los Angeles - CA USA
Market Sale Price per SF by Star Rating
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Market Cap Rate by Star Rating
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Market Sale Price per SF Distribution
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Property Facts
About Southeast Los Angeles Retail
Southeast Los Angeles comprises a series of thriving cities spanning south and east from Downtown Los Angeles all the way to the Orange County border. Residents are proud of their neighborhoods, and there is a strong sense of family and community.
Highways in the area, including interstates 5, 605, and 710 and state highway 60, provide great connectivity to all points in Southern California. Residents can easily access many major employment centers in Greater Los Angeles, Orange County, and the Inland Empire.
The area provides retailers with very high population densities. This factor offers an enviable consumer base, which makes the area compelling for retailers of all categories and sizes, from local mom-and-pops to national retailers. As residents in the area are predominately Latino, many retailers are oriented towards the community.
DEMOGRAPHICS
Demographics
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 6342-005-030 | Improvements Assessment | £51,342 |
Land Assessment | £222,487 | Total Assessment | £273,829 |
PROPERTY TAXES
Sale Advisors
Syuzi Hakobyan, Executive Director - Investments
With her passion for real estate and finance, Syuzi has been able to successfully attract a wide range of clients from investors with large portfolios to working with homeowners. While she enjoys working with a variety of real estate asset classes, she holds a particular expertise for multi-family and retail property investments. Syuzi loves ironing out a solid strategy, but her real thrill comes from the strong bonds and lasting relationships she builds and maintains with her clients.
In her free time, Syuzi is fully committed to self-development. When not in the office or working in the field she can be found working out, hiking new nature trails, or meeting her quota of reading at least one book a month.
Haik Bokhchalian, Broker
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High Traffic Retail Shell in LA Suburb | 3311 W Beverly Blvd
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