For Lease
$6/SF/YR

11642 Firestone Blvd Norwalk, CA 90650

43,000 sq ft lot, ideal for QSR with drive-thru.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional 43,000 square foot commercial land parcel, located at 11642A Firestone Blvd, Norwalk, CA 90650, presents a unique investment opportunity. Zoned NOC3, this single-tenant property boasts 215 feet of frontage on Firestone Boulevard and is conveniently situated near the intersection of Firestone and Pioneer. The ground lease price has been significantly reduced to $0.50 per square foot per month plus NNN. The existing building is easily demolished, making it perfect for redevelopment. Its prime location adjacent to a bustling Northgate Market ensures high visibility and foot traffic. The area benefits from a dense population and excellent freeway access via the I-5, I-605, and I-105 freeways. This property is also available for sale at $4,300,000. The City of Norwalk is actively encouraging multi-family development, with or without retail components, and three adjacent parcels are designated for residential development. Combining this property with the adjacent parcels would create a substantial approximately 4.5-acre site, presenting significant development potential. APN: 8048-007-002. This is a rare chance to acquire a strategically located commercial property in a thriving Los Angeles County (south) submarket.

Highlights

  • 43,000 square foot commercial land parcel.
  • Single-tenant property.
  • $0.50/SF/month ground lease rate plus NNN, or $4,300,000 purchase price.
  • Ideal for QSR with drive-thru; existing building can be demolished.
  • Excellent freeway access (I-5, I-605, I-105) and located near a high-traffic Northgate Market in a densely populated area.

Property Details for 11642 Firestone Blvd

Property type
Land
RSF (Rentable sq. ft)
43,000 SF

Unit(s) available at that property

Space
Size
43,000 SF
Rate per SF
$6

Location Insight

City
Norwalk
County
Los Angeles
State
California
Latitude
33.914219311815
Longitude
-118.08516342473

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FAQs

What type of property is this?
Land - 43,000 sq ft lot, ideal for QSR with drive-thru.
Where is the land located?
The property is located at 11642 Firestone Blvd Norwalk, CA.
What is the lease rate?
The lease rate is $6/SF/YR.
What are key features of this property?
This property features: 43,000 square foot commercial land parcel.; Single-tenant property.; $0.50/SF/month ground lease rate plus NNN, or $4,300,000 purchase price.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Andrew Miliotis
Andrew Miliotis

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Firestone Blvd
Norwalk, CA 90650

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Firestone Blvd
Norwalk, CA 90650

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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11642 Firestone Blvd
  • Andrew Miliotis
    Andrew Miliotis
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