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NNN Leased Investment 10329 Artesia Blvd 4,591 sq ft Office Property Bellflower, CA 90706 £2,036,393 (£443.56/sq ft) 6% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • Integrated Life's business is a service for adults with developmental disabilities.
  • Permitted Uses: Medical and Dental, see OM for complete list.
  • New roof was constructed in 2019 with a 20-year transferable warranty.
  • 6.00% Cap Rate starting Feb. 2026

EXECUTIVE SUMMARY

Starting Feb. 2026 the rent increases making the cap rate 6.00%. A strong AIR NNN Lease is in place with Integrated Life LLC. The lease expires Feb. 1, 2028 with no options to renew. Download offering memorandum from the property website for details. Property allows for medical use and a myriad of other permitted uses.

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Property Size
4,591 sq ft
Costar Property Class
C
Year Built
1940
Price
£2,036,393
Price per sq ft
£443.56
Yield
6%
NOI
£122,184
Tenancy
Single
Number of Floors
1
Typical Floor Size
4,591 sq ft
Plot ratio
0.38
Total Plot Size
0.28 ac
Use Class
CG - BFCG
Parking
12 Spaces (2.61 Spaces per 1,000 sq ft Leased)

AMENITIES

  • Air Conditioning
Walk Score®
Easily Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures how walkable a location is.
Transit Score® measures access to public transport.
Bike Score® measures how accessible a location is by bike
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures how walkable
a location is. Transit Score®
measures access to public transport. Bike Score®
measures how accessible a location is by bike®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7163-015-038
Land Assessment
£322,677
Improvements Assessment
£322,677
Total Assessment
£645,353
  • Listing ID: 32959836

  • Date on Market: 26/08/2024

  • Last Updated:

  • Address: 10329 Artesia Blvd, Bellflower, CA 90706

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