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6351-6353 Pacific Blvd
Huntington Park, CA 90255

Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
16,000 SF
Building Class
C
Year Built
1935
Tenancy
Single
Number of Floors
3
Building FAR
2.16
Lot Size
0.17 AC
Zoning
CBD
Frontage
49 ft on Pacific

Amenities

  • Bus Route
  • Signalised Intersection

About 6351-6353 Pacific Blvd , Huntington Park, CA 90255

INVESTMENT HIGHLIGHTS * Corporate NNN Lease – Shoe Palace is on a long-term NNN lease expiring in 2022, reducing major near-term leasing responsibility and associated capital costs. Shoe Palace is a privately held company headquartered in Morgan Hill, CA and currently operates 160 locations across 8 states * Strong Inflation Hedge – Shoe Palace features 4% annual increases which produces high NOI growth, enhancing future cash on cash returns and providing a strong hedge against inflation in a tangible, dependable asset * A+ Location – Pacific Boulevard Commercial District is one of the top three highest grossing commercial districts in Los Angeles County * Thriving Pacific Blvd Corridor – Pacific Blvd is the main thoroughfare situated within the heart of downtown Huntington Park. Pacific Blvd has strong foot traffic through all parts of the day, and has a substantial daily population of over 1.1M people within a 5-mile radius * Recently Renovated, High-Quality Asset – Current owner has invested significant capital in building out the space for the current tenant, and improving the façade of the building, creating an opportunity for a new investor to acquire of high image asset along the busy Pacific Blvd corridor

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6320-031-020
Land Assessment
£1,436,130
Improvements Assessment
£1,236,668
Total Assessment
£2,672,798
  • Listing ID: 14500888

  • Date on Market: 28/11/2018

  • Last Updated:

  • Address: 6351-6353 Pacific Blvd, Huntington Park, CA 90255

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