Commercial Sale Details
This storefront retail property consists of three tenants each with small units of approx 750 sq. ft. Two of the tenants (hair salon and party rental) have been at this location for approximately 10 years. The juice bar tenant has been at this location for 2 years. All tenants make rent payments in a timely manner and the property is extremely easy to manage. All leases are NNN. All 3 units are separately metered for electricity. There are 6 parking stalls in the rear (5 standard + 1 handicap). Although there has been very low historical vacancy here, the units are very easily rented due to the small unit size. Rents are low at $1.20 NNN per sq. ft. average. All units are 750 sf. Juice Bar Base Rent $890 + 190 NNN expires 3/31/2019; Party Supply Base Rent $885 + $190 NNN expires 6/30/20; Beauty Salon Base Rent $943 + $190 NNN expires 6/31/19.
|Price Per SqFt||$263.56|
|Area||M1 - Norwalk|
|Listing Brokerage||Apex Properties|
|Listing Agent||Chris Comfort|
|Listing Agent BRE #||01407997|
Based on information from California Regional Multiple Listing Service, Inc. as of Thursday, May 3, 2018.
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