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6710-6720 Pacific Blvd
Huntington Park, CA 90255

PRICE REDUCTION - 1% BONUS TO BUYER BROKER · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Health Club
Building Size
30,923 SF
Building Class
B
Year Built
1930
Percent Leased
16%
Tenancy
Multiple
Building Height
4 Stories
Slab To Slab
12’
Building FAR
1.77
Lot Size
0.40 AC
Zoning
C2

About 6710-6720 Pacific Blvd , Huntington Park, CA 90255

BRAND NEW 20 YEAR CORPORATE GUARANTEED LEASE WITH BLINK FITNESS BY EQUINOX - Brand new 20-year corporate guarantee NN lease with Blink Fitness, one of the strongest performing subsidiaries of Equinox and one of the fastest growing fitness brands in the country. SIGNIFICANT GROWTH PROJECTIONS AND EXCELLENT OPERATING HISTORY FOR BLINK FITNESS - Blink is projecting over 300 locations by 2020, and operates at the lowest rent margin in the fitness industry and the highest EBITDA of all equinox subsidiaries. EQUINOX IS A LEADER IN THE HIGH GROWTH FITNESS INDUSTRY - The luxury sports club leader is re-inventing the fitness industry by breaking the mold of the traditional workout facility to create high-end fitness spaces worthy of competing in a more general lifestyle market. With 135 locations in every major city across the United States in addition to London, Toronto, and Vancouver, Equinox has become synonymous with a unique luxury experience that is catering to a large segment of the fitness world. ICONIC PROPERTY THAT HAS UNDERGONE A MULTI-MILLION DOLLAR RENOVATION - Blink occupies the landmark Warner Theater building, a 1930’s theater building Blink with a unique old world charm and memorable feel that features high ceilings and a highly visible facade. The significant renovation is complete with a new roof, electrical systems, plumbing, and significant amenities that create a distinctive environment for members of this location. Over $4.5 million has been invested in the property. ACCESSIBILITY AND WALKABILITY - Pacific Boulevard has a score of 91/100 for walkability. Retailers, small boutiques, and restaurants populate Pacific Boulevard. Huntington Park also has convenient access to the surrounding five major freeways- Interstates 710, 110, 10, 105 and the 5. RARE OPPORTUNITY - Stable and secure offering allows for minimal management responsibility in a strong Los Angeles County location with 12.5% rental increases every 5 years.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6322-017-006
Land Assessment
$1,040,261
Improvements Assessment
$2,229,463
Total Assessment
$3,269,724
  • Listing ID: 14225192

  • Date on Market: 2018-10-29

  • Last Updated:

  • Address: 6710-6720 Pacific Blvd, Huntington Park, CA 90255

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