STNL - Cannabis Dispensary - For Sale

9058 Rose Street Bellflower, CA 90706

9058 Rose Street, Bellflower, CA, 90706
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FOR SALE
Property Type:
Industrial
Amount:
$2,000,000
Last Verified:
Sep 09, 2024

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Highlights

  • - 5,200 SF modern free-standing building
  • - Constructed in 2019
  • - Prime location in Los Angeles - Mid-Cities submarket - Industrial area
  • - Ample interior space for versatile retail use
  • - Single tenant net lease to a Cannabis Dispensary
  • - Attractive proposition for commercial investors
  • - 6% Cap rate for solid investment potential

Description

Introducing a prime investment opportunity in the heart of Bellflower, CA: 9058 Rose Street. This impressive 5,200 SF free-standing building, constructed with modern aesthetics in 2019, offers an attractive proposition for retail and commercial investors. Located in the thriving Los Angeles - Industrial area, this single tenant net lease to a Cannabis Dispensary presents a strategic position for businesses seeking high visibility and accessibility. The well-maintained structure and ample interior space provide the perfect canvas for a variety of retail ventures. Don't miss the chance to secure a foothold in this dynamic and rapidly growing commercial landscape

The Mid-Cities submarket in Los Angeles is a key area for industrial real estate, particularly in the Warehouse/Distribution sector. It has shown resilience with a stable inventory and low vacancy rates, averaging around 4.23%. Asking rents have steadily increased, reflecting strong demand, while population growth and rising household incomes further support market vitality. The submarket benefits from positive employment trends, particularly in the industrial sector, which is central to the area’s economic activity.


Year Built: 2019
Building Size: 5200sq ft
Building Class: A
Lot Size: 0.24 acres

Map of 9058 Rose Street, Bellflower, CA, 90706

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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.