For Sale
$3,090,000

10329 Artesia BlvdBellflower, CA 90706

NNN Leased Daycare/Medical Office

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a 4,591 square foot, single-story commercial building located at 10329 Artesia Blvd, Bellflower, CA 90706, in Los Angeles County. Currently operating as a daycare, medical office, and pharmacy/drug store, the property boasts 100% occupancy under a strong Net Lease agreement with Integrated Life LLC, expiring December 31, 2028. The asking price is $3,090,000, representing a price per square foot of $673.06 and a 5.00% capitalization rate. The property generates a Net Operating Income (NOI) of $154,500. The building features a new roof installed in 2019, backed by a transferable 20-year warranty. The property is zoned BFCG and is offered as a 1031 exchange opportunity. With nearly five years remaining on the lease, this presents a stable and attractive investment with significant upside potential. Detailed financial information is available in the offering memorandum.

Highlights

  • Five years remaining on the lease.
  • New roof installed in 2019, 20-year transferable warranty.

Property Details for 10329 Artesia Blvd

Property type
Specialty properties, Day care centers & nurseries
Square Feet
4,591 SF
Stories
1

Location Insight

City
Bellflower
County
Los Angeles
State
California
Latitude
33.872955058805
Longitude
-118.11409543012
10329 Artesia Blvd, Bellflower, California

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10329 Artesia Blvd
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