12202 Paramount Blvd | Downey, CA 90242
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- LoopNet Team
12202 Paramount Blvd
Downey, CA 90242
$200K PRICE REDUCTION · Retail Property For Sale
Investment Highlights
- Anchored by Mothers Nutritional Center with 80+ locations.
- All tenants are on NNN leases with annual rental increases.
- 100% Leased to credit tenants and located at a busy signalized intersection.
- Located in the desirable city of Downey with over 1.9M SF of retail with only a 2.3% vacancy rate (source: Costar).
- Strategically located within a densely populated area with over 276,840 residents within 3 miles, with average household incomes exceeding $98,000.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
5,947 SF
Building Class
C
Year Built
2020
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
0.43 AC
Zoning
DOC2 - Neighborhood Commercial
Parking
19 Spaces (3.19 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 6259-007-075 | Improvements Assessment | $1,370,361 |
| Land Assessment | $869,781 | Total Assessment | $2,240,141 |
PROPERTY TAXES
Parcel Number
6259-007-075
Land Assessment
$869,781
Improvements Assessment
$1,370,361
Total Assessment
$2,240,141
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