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1200-1210 W Beverly Blvd
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1200-1210 W Beverly Blvd
20,792 SF 100% Leased Retail Building Montebello, CA 90640 $13,018,499 CAD ($626 CAD/SF) 5.80% Cap Rate
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EXECUTIVE SUMMARY
Compass Commercial is proud to present an exceptional investment opportunity in Montebello, California, featuring a well maintained commercial center with four established tenants. The property generates a robust annual income of $529,214, offering investors a stable and lucrative revenue stream.
Situated in Montebello, a thriving community with a strong economic base, the property benefits from excellent visibility and accessibility, attracting a diverse tenant mix and steady foot traffic. The center hosts four reliable tenants, each contributing to the property’s consistent income. This diverse tenant base ensures reduced risk and enhances the investment’s stability.
With an impressive annual income of $529,214, the property delivers a solid financial performance. The 5.8% capitalization rate further underscores its attractiveness as a high-yield investment. Montebello’s ongoing development and economic growth present opportunities for future value appreciation. Investors can capitalize on the area’s expanding market and increasing demand for commercial spaces.
The property’s established tenant relationships and strategic location provide a secure investment environment, making it an ideal addition to any real estate portfolio. This Montebello center represents a compelling investment opportunity, offering a blend of stable income, growth potential, and strategic location. Investors seeking a reliable and profitable asset will find this property to be an excellent addition to their portfolio.
Situated in Montebello, a thriving community with a strong economic base, the property benefits from excellent visibility and accessibility, attracting a diverse tenant mix and steady foot traffic. The center hosts four reliable tenants, each contributing to the property’s consistent income. This diverse tenant base ensures reduced risk and enhances the investment’s stability.
With an impressive annual income of $529,214, the property delivers a solid financial performance. The 5.8% capitalization rate further underscores its attractiveness as a high-yield investment. Montebello’s ongoing development and economic growth present opportunities for future value appreciation. Investors can capitalize on the area’s expanding market and increasing demand for commercial spaces.
The property’s established tenant relationships and strategic location provide a secure investment environment, making it an ideal addition to any real estate portfolio. This Montebello center represents a compelling investment opportunity, offering a blend of stable income, growth potential, and strategic location. Investors seeking a reliable and profitable asset will find this property to be an excellent addition to their portfolio.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Retail
Building Size
20,792 SF
Building Class
B
Year Built
1963
Price
$13,018,499 CAD
Price Per SF
$626 CAD
Cap Rate
5.80%
NOI
$755,073 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.38
Lot Size
1.25 AC
Zoning
R3
Parking
66 Spaces (3.17 Spaces per 1,000 SF Leased)
Frontage
299 ft on Beverly
AMENITIES
- Bus Line
- Corner Lot
- Signalized Intersection
Walk Score®
Very Walkable (87)
NEARBY MAJOR RETAILERS
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PROPERTY TAXES
Parcel Number | 5294-015-059 | Improvements Assessment | $1,613,941 CAD |
Land Assessment | $638,250 CAD | Total Assessment | $2,252,191 CAD |
PROPERTY TAXES
Parcel Number
5294-015-059
Land Assessment
$638,250 CAD
Improvements Assessment
$1,613,941 CAD
Total Assessment
$2,252,191 CAD
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1200-1210 W Beverly Blvd
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