Off Market Whittier Retail/Office

6518 Greenleaf Ave. Whittier, CA 90601

6518 Greenleaf Ave. , Whittier, CA, 90601
6518 Greenleaf Ave. , Whittier, CA, 90601 6518 Greenleaf Ave. , Whittier, CA, 90601 6518 Greenleaf Ave. , Whittier, CA, 90601
FOR SALE Off Market Listing
Property Type:
Mixed Use
Last Verified:
Mar 12, 2019

Asking Price $7,100,000

- Built in 2009
- 100% Occupied
- Excellent Downtown Whittier Location
- Retail Downstairs and Professional Offices Upstairs
- Tenants: Three Restaurants, Law Office, Chiropractor, Mortgage Company, Barber Shop and More
- 17,928 Sq. Ft. Building and 14,002 Sq. Ft. Lot
- Current Annual Income of $300,000 With Room To Easily Increase To $360,000.
- 4.2% Cap Rate on existing Rents and 5% Cap Rate on Proforma Rents
- Only $396 Sq. Ft.

Map of 6518 Greenleaf Ave. , Whittier, CA, 90601

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.