Description
Price Correction - Price dropped - Single Tenant Lease Investment Wilmington Community Market - Income producing free-standing retail building of approximately 1,534 square feet occupied by a long-term essential services Tenant. Tenant pays annual gross rents of $22,800 plus all common area maintenance, utilities, and upkeep of the property. Staggered rent increases in place for future income increase with option to renew. The property is strategically located with prominent visibility on the signalized intersection of Wilmington Avenue and Poplar Street. City of Compton is also known as the "HUB CITY because of its unique position and its easy accessibility to and from five freeways. Approximately 1.8 miles to the I-105 fwy & CA-91 fwy and 2.9 miles to I-710 fwy and 2.7 mile to I- 110 fwy. Lease details to be provided upon request. Property is close to many elementary & High School, across from street just walkable distance to Benjamin Davis Middle School. Only 0.5 miles to Compton downtown. Just 1.6 miles to Martin Luther King Jr. Community hospital. Also close to Compton Woodley Airport just 0.7 miles. The property is currently occupied by a Tenant and the business is not for sale, just the building in as- is- condition.
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School Ratings & Info
Description
Price Correction - Price dropped - Single Tenant Lease Investment Wilmington Community Market - Income producing free-standing retail building of approximately 1,534 square feet occupied by a long-term essential services Tenant. Tenant pays annual gross rents of $22,800 plus all common area maintenance, utilities, and upkeep of the property. Staggered rent increases in place for future income increase with option to renew. The property is strategically located with prominent visibility on the signalized intersection of Wilmington Avenue and Poplar Street. City of Compton is also known as the "HUB CITY because of its unique position and its easy accessibility to and from five freeways. Approximately 1.8 miles to the I-105 fwy & CA-91 fwy and 2.9 miles to I-710 fwy and 2.7 mile to I- 110 fwy. Lease details to be provided upon request. Property is close to many elementary & High School, across from street just walkable distance to Benjamin Davis Middle School. Only 0.5 miles to Compton downtown. Just 1.6 miles to Martin Luther King Jr. Community hospital. Also close to Compton Woodley Airport just 0.7 miles. The property is currently occupied by a Tenant and the business is not for sale, just the building in as- is- condition.
Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-22T19:26:35.61. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Alvarado Brothers | Ever Stewart Alvarado Broker. Licensed in the State of California, USA.