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L-Shaped Freestanding Retail Building

$1,525,000

3508 Firestone Boulevard, South Gate, CA 90280

Active
Last Updated: 08/09/2024

7

Cap Rate

4,660 sqft

Building Size

Details:
Cap Rate:    7%
Building Size:    4,660 sqft
Lot Area:    8,011 acres
Description:

KW Commercial is pleased to present this unique investment or owner/user opportunity in the heart of South Gate: it is a two unit freestanding Retail Building with one vacancy and an Automotive Tinting & Stereo Installation Business.

The offering consists of a spacious 4,660 SF (3,844 SF on title) L-Shaped building nestled on an 8,011 SF SG-CM zoned lot.

With prime frontage boasting approximately 80 feet along Firestone Blvd., this property enjoys excellent visibility amid a high traffic count of approximately 38,000 cars per day. Parking is made convenient with on-site parking facilities as well as ample street parking available.

This offering is ideal for investors or an owner/user seeking a property in a densely populated neighborhood of Los Angeles.

Nestled within the vibrant cityscape of South Gate, this offering stands prominently along the south side of Firestone Blvd., positioned just one parcel east of the bustling signalized intersection at California Ave. & Firestone Blvd.

Adjacent to the property lies a popular Jack in the Box Drive-Thru Restaurant, offering convenient access to both locals and passersby. Moreover, its strategic location places it within a mere 0.2 miles from essential civic amenities such as the South Gate City Hall & South Gate Police Department.

Surrounded by a diverse array of retailers including Family Dollar, Taco Bell, Winchell's, Wienerschnitzel, Alberto's, and El Super, among others, the property benefits from a bustling commercial environment.  Educational institutions such as Odyssey Continuation High School, Independence Elementary School, South Gate High School, Valiente College Preparatory Charter School, San Gabriel Avenue Elementary School, and South Gate Middle School are all within a convenient half-mile radius.

Moreover, the property is situated within a densely populated area, with over 60,000 residents residing within a 1-mile radius and a staggering 450,000 individuals within a 3-mile radius. This prime location offers an exceptional opportunity for businesses to tap into a robust consumer base and thriving community.





APPROXIMATELY 4,660 SF RETAIL BUILDING ON JUST OVER 8,000 SF LOT IN THE HEART OF SOUTH GATE.
LOCATED LESS THAN 0.2 MILES FROM SOUTH GATE CITY HALL.
ADJACENT TO A JACK IN THE BOX DRIVE-THRU RESTAURANT & ONE PARCEL EAST OF THE MAJOR SIGNALIZED INTERSECTION OF CALIFORNIA AVE & FIRESTONE BLVD.
GREAT CAR TRAFFIC COUNTS; APPROX. 38,000 CARS PER DAY.
EXCELLENT DEMOGRAPHICS: OVER 60,000 PEOPLE RESIDE WITHIN A 1-MILE RADIUS & OVER 450,000 PEOPLE RESIDE WITHIN A 3-MILE RADIUS.

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3508 Firestone - OM 0824
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