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2529 Santa Fe AveVernon, CA 90058

Prime Vernon retail space, 5,185 sq ft available.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 5,185 square foot retail shopping center, located at 2529 S Santa Fe Ave in Vernon, California, presents a unique investment opportunity. Built in 2006, the single-story property sits on a spacious 51,860 square foot lot and is zoned Commercial-2 (C-2) Overlay Zone within Los Angeles County. The center features two suites, currently fully vacant, offering flexible space options. Individual suites range from a minimum of 1,720 square feet to a maximum contiguous space of 3,465 square feet, providing adaptability for various retail businesses. Ample parking is available with approximately 94 striped spaces plus 4 handicap-accessible spots. The property's high-profile location in Vernon, CA, 90058, offers excellent visibility and accessibility for customers. This is an ideal opportunity for a single tenant seeking a large space or for multiple tenants looking for smaller, adjacent units. The property's size and location make it a highly desirable asset in a thriving commercial area. The property's convenient location and ample parking make it an attractive option for businesses seeking a strong presence in the Vernon market. Contact us today to learn more about this exceptional retail opportunity.

Highlights

  • High-profile shopping center with excellent corner visibility.
  • Excellent 1031 exchange opportunity for investors.
  • Strong current net income of $391,380 annually, yielding a 4.89% cap rate.
  • NNN leases; two retail spaces available for lease.
  • Desirable tenant mix with significant upside potential.
  • Well-maintained building with ample surface parking.

Property Details for 2529 Santa Fe Ave

Property type
Lifestyle centers, Power centers
RSF (Rentable sq. ft)
5,185 SF
Year Built
2006
Stories
1

Unit(s) available at that property

Space
Unit 2529 Area
Size
1,720 SF
Space
Unit 2545 Area
Size
3,465 SF

Location Insight

City
Vernon
County
Los Angeles
State
California
Latitude
34.0142375
Longitude
-118.2305239
2529 Santa Fe Ave, Vernon, California

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2529 Santa Fe Ave
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