Henry Falkenstein & Associates
Angela Conterno, Henry Falkenstein & AssociatesPhone: (310) 529-7338
Email: [email protected]
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listing
1 of 8
CommercialFor Sale
$1,250,000
601 W 6th Street
San Pedro, CA 90731
Listed by Christopher Comfort DRE#01407997 [email protected] Apex Properties
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$6,552/mo

The subject property is a 5,775 sf retail building situated on a corner lot consisting of 8,408 sf of land. The building is comprised of SIX small retail units that are easily leased due the affordable rent that can be offered to prospective tenants. The glass store front system gives the property added curb appeal and lots of natural light. Each unit has its own HVAC system, is separately metered for utilities, and each has its own restroom. The property also has a parking lot with five parking stalls. By achieving a modest rental rate of $1.85 gross (~ $1.38 NNN), the property will be generating an annual cap rate of 7.72%.

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Information courtesy of Apex Properties is subject to verification and is not guaranteed.
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