NNN LEASED INVESTMENT
10329 Artesia Blvd., Bellflower, CA, 90706
$2,942,857
Price
5.56%
Cap Rate (Yr. 2)
 
 
5.41%
Cap Rate (Current)
$159,135
NOI
 
 

NNN LEASE IN PLACE
  • A strong AIR NNN Lease is in place with Integrated Life LLC. The lease expires December 31, 2028 with no options to renew.
  • This is one of two locations for Integrated Life. Integrated Life's business is a service for adults with developmental disabilities. Learn more about their company on page 26.
  • In the unlikely event Integrated Life decides not to stay after the lease expiration, the Buyer can take comfort in the fact this property has a wide range of permitted uses allowable by the City.
RECENT RENOVATIONS
  • New roof was constructed in 2019 with a 20-year transferable warranty.
  • Recently installed new luxury vinyl (looks like wood) floors.
  • Newly painted exterior and interior.
PERMITTED USES
  • Currently used as Adult Day Care. Some of the permitted uses include:
  • Medical, dental, and related uses such as acupuncture, chiropractic, etc.
  • Animal and veterinarian clinic, and pet grooming
  • Hospices, home health care
  • Furniture upholstery shop and a myriad of other uses.
  • See page 30 for a complete list of permitted uses. Please confirm your with the City Planning department, as some uses depend on parking requirements.
  • The property is located on Artesia Boulevard, a major thoroughfare in Bellflower, CA, known for its high traffic volume and visibility.
  • The surrounding area is a mix of residential neighborhoods and commercial establishments, including popular retail stores, restaurants, and service providers such as CVS, Starbucks, and Bank of America.
  • The property benefits from its proximity to several schools and parks, including Simms Park and Somerset High School, which can attract foot traffic to the area.
  • Artesia Boulevard is well-connected to major freeways, such as the 91 Freeway, providing easy access for commuters and potential customers.
  • The demographics of the area indicate a diverse population with a mix of ages and income levels, offering a broad customer base for potential businesses at the property.
  • The property is located in Bellflower, a city in Los Angeles County, California, known for its diverse community and vibrant local economy.
  • Artesia Boulevard, where the property is situated, is a major thoroughfare in Bellflower, offering high visibility and accessibility for businesses.
  • Bellflower benefits from its strategic location near major freeways such as the 91 and 605, facilitating easy transportation for both customers and employees.
  • The area has a mix of commercial and residential properties, providing a potential customer base from both local residents and passersby.
FOR MORE DETAILS CONTACT
John Gessford
Director
(949) 930-6292
jgessford@gmail.com
Lic: 01137479