809 Rosecrans Ave, Compton, CA 90222

18,160 SF | 100% Leased | 4-Star Retail Building | Compton, CA 90222 | $8,500,000 ($468/SF) | 5.30% Cap Rate

Date Added:
September 16, 2024
Days on Market:
27 days

Asking Price $8,500,000

Property Type
Retail
Square Feet
18,160 SF
Price / Square Foot
$468

Listing Contacts

Armando Aguirre
Sheretta Morris

Property Overview

Legendary Commercial Real Estate is pleased to present the prime opportunity to acquire the WilRose Plaza Shopping Center in Compton, CA (“The Property”). The Property consists of 18,160 SF in three buildings and 10,000 SF value add pad on 60,801 SF/± 1.40 acres. This is an attractive value-add opportunity. The existing 10,000 SF Pad is permit ready for other retail uses or the entire pad could be built to suit, or ground leased to include a drive-thru restaurant or other options. UPS Store has renewed their lease, CanAm Dental has renewed their lease early, and Boost Mobile renewal is pending.

Property Details

Class
A
Year Built
2018
Stories
1
Property Subtype
Storefront Retail/Office
Lot Size (sq. ft)
18,295 SF

Highlights

  • Value-Add: Significant value can be created by tenanting the 10,000 SF Pad
  • Strong traffic counts at the intersection of W. Rosecrans Avenue and N. Wilmington are ±76,559 vehicles per day.
  • Excellent visibility and monument signage along Rosecrans Avenue and another on Wilmington Avenue offing high visibility to passing traffic.
  • 10,000 SF Value Add Pad allows opportunity ideal for ideal development due to Compton's C-2 zoning and wide permitted uses.
  • Internet Resistant Retail Uses
  • Captive audience for a variety of local retail services for local shoppers.

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