LONG-TERM NNN LEASED INVESTMENT  |  ASKING PRICE:  $3,999,000 ($672/SF)

8800 Alondra Blvd

BELLFLOWER, CA

The Offering

8800 Alondra Blvd., is located in a densely populated area of Los Angeles County, approximately one mile from the 91 freeway. This newly constructed neighborhood center offers excellent cash flow and long-term NNN leases with well established recession resistant tenants. This is irreplaceable multi-tenant NNN medical office/retail real estate on a hard corner in beautiful Southern California.

  • BUILDING AREA: ± 6,000 Square Feet

  • RENTABLE SQUARE FEET: ± 5,949 Square Feet

  • SITE AREA: ± 16,553 Square Feet

  • CURRENT OCCUPANCY: 100%

  • NUMBER OF TENANTS: Two (2)

  • UNIT SIZES: ± 2,422 & ± 3,527 Square Feet

  • AVERAGE LEASE TERM REMAINING: Seven (7) Years

  • LEASE TYPE: NNN

  • NET OPERATING INCOME: $204,261.36

  • ASKING PRICE: $3,999,000 ($666.50/SF)

  • CAP Rate: 5.10%

Investment

Highlights

  • Newly constructed neighborhood center with work completed in 2019

  • Immaculately maintained center with attractive architecture

  • 100% occupied with 7+ years left on the leases

  • Two (2) long term leases to established and successful tenants

  • Recession resistant medical tenants (Family Practice and Dental tenants).

  • Annual rental increases

  • NNN leases minimize Landlord management, maintenance, and expenses

  • Strong cash flow, excellent 1031 exchange opportunity

  • Strong local demographics

  • Hard corner location near intersection of Lakewood Blvd. and Alondra Blvd

  • Approximately one (1) mile from the 91 freeway

Site Plan

Nearby Amenities

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GET IN TOUCH

esmith@voitco.com

714-935-2310

2400 E. KATELLA AVE, SUITE 750

ANAHEIM, CA 92806

esmith@voitco.com
714-935-2310
 Lic # 01940591
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