Eastern Plaza - 7 Eleven Anchored Center

7625 Eastern Ave., Bell Gardens, CA

$4,495,000

Price

12,894 sqft

Building Size

0.5978 acres

Lot Area

Overview
Building Size
12,894 sqft
Lot Area
0.5978 acres
Year Built
1982
Description

KW Commercial is pleased to present this 12,894 SF "L-Shaped" 7-Eleven anchored retail center on 26,040 SF signalized corner lot. The offering has excellent frontage with approximately 165 Feet along Eastern Ave. & 190 Feet along Clara St.

The Center consists of 8 units of which one is currently vacant.

The tenants include: a 7-Eleven, Farmers Insurance Office, a Pharmacy, a Pizza Restaurant, an Oriental Spa, a Barber Shop, and a Staffing Company. The average tenancy is approximately 8.5 years.

7-Eleven has been at this location for almost 20 years. This 7-Eleven is larger than the average 7-Eleven (Approx. 3,382 sf) & generates just under 30% of the total income of the Shopping Center. This 7-Eleven also sells beer & wine.

The offering features approximately 35 on-site parking spaces in addition to plenty of street parking. There are 2 points of ingress & egress to enter and exit this Shopping Center. There is also a monument sign at the signalized corner.

This property will attract an investor looking for a signalized corner of "L-Shaped" 7-Eleven Shopping Center with an excellent tenant mix with seasoned tenancy.

Eastern Plaza is located at the northwest corner of the signalized intersection at Eastern Ave. & Clara St. This intersection has good car traffic counts with over 32,000 cars per day.

The property has good freeway access; it is just east of the 710 FWY and situated between the 5, 605, & 105 freeways.

The offering is located just 1 block south of the Bicycle Hotel & Casino.

The subject property is located in a densely populated area of Los Angeles, with over 50,000 people residing within a 1-mile radius and approximately 300,000 people residing within a 3-mile radius.

Highlights
  • APPROXIMATELY 12,894 SF 7-ELEVEN ANCHORED "L-SHAPED" CENTER ON 26,040 SF C4 ZONED CORNER LOT.
  • LOCATED AT THE SIGNALIZED INTERSECTION OF EASTERN AVE. & CLARA ST. GOOD CAR TRAFFIC COUNTS; OVER 32,000 CARS PER DAY AT THE INTERSECTION OF EASTERN AVE. & CLARA ST.
  • ONLY 1 BLOCK AWAY FROM THE BICYCLE HOTEL & CASINO.
  • GREAT ACCESSIBILITY; JUST EAST OF THE 710 FREEWAY.
  • EXCELLENT DEMOGRAPHICS: OVER 50,000 PEOPLE RESIDE WITHIN A 1-MILE RADIUS & APPROXIMATELY 300,000 PEOPLE RESIDE WITHIN A 3-MILE RADIUS.

Location
Gallery