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16407 S Normandie Ave

4,100 SF 22% Leased Retail Building Gardena, CA 90247 $2,473,771 CAD ($603 CAD/SF) 7.35% Cap Rate

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Investment Highlights

Corner unit, close to school and city of Gardena,daily 23,000 car traffic
Newer construction with up to date building codes. Low maintenance

19 parking spaces

Executive Summary

Constructed in 2023.For medical, retail and office use. Good for owner user. Located at the corner of Normandie and Gardena ,with daily 23,000+ car traffic. The building comes with 19 parking spaces and 800 Amp electric power. There are 3 suits 800sf and 1 unit 1600 sf . The units can be combined based on tenant's needs. The seller may carry the loan. Also available for lease.

Financial Summary (Pro forma - 2024)	Annual (CAD)	Annual Per SF (CAD)
Gross Rental Income	$258,561	$63.06
Other Income	-	-
Vacancy Loss	$7,757	$1.89
Effective Gross Income	$250,804	$61.17
Taxes	$35,013	$8.54
Operating Expenses	$31,602	$7.71
Total Expenses	$66,615	$16.25
Net Operating Income	$184,189	$44.92

Financial Summary (Pro forma - 2024)

Gross Rental Income (CAD)
Annual	$258,561
Annual Per SF	$63.06

Other Income (CAD)
Annual	-
Annual Per SF	-

Vacancy Loss (CAD)
Annual	$7,757
Annual Per SF	$1.89

Effective Gross Income (CAD)
Annual	$250,804
Annual Per SF	$61.17

Taxes (CAD)
Annual	$35,013
Annual Per SF	$8.54

Operating Expenses (CAD)
Annual	$31,602
Annual Per SF	$7.71

Total Expenses (CAD)
Annual	$66,615
Annual Per SF	$16.25

Net Operating Income (CAD)
Annual	$184,189
Annual Per SF	$44.92

Property Facts

Sale Type

Investment or Owner User

Sale Condition

Build to Suit

Property Type

Retail

Property Subtype

Freestanding

Building Size

4,100 SF

Building Class

Year Built

2023

Price

$2,473,771 CAD

Price Per SF

$603 CAD

Cap Rate

7.35%

NOI

$181,768 CAD

Percent Leased

22%

Building Height

1 Story

Building FAR

0.31

Lot Size

0.30 AC

Zoning

C -3 - Commercial

Parking

19 Spaces (4.63 Spaces per 1,000 SF Leased)

Frontage

91 ft on 16407 S Normandie Ave

Amenities

24 Hour Access
Corner Lot

Signalized Intersection
Tenant Controlled HVAC

Wheelchair Accessible
Storage Space

Air Conditioning
Fiber Optic Internet

Space Availability

A-B
1,600 SF
Office/Retail
-
Now

Immeuble neuf au coin difficile de Normandie et de Gardena, avec 23 000 véhicules par jour. Pour usage médical, commercial et de bureau. Le bâtiment est doté de 19 places de stationnement et d'une alimentation électrique de 800 ampères. L'édifice dispose de 4 suites de 800 à 1 600 p2. Les unités peuvent être combinées en fonction des besoins du locataire. Également disponible à la vente