1200 W Beverly Blvd
Listing Price: $9,000,000.00
Investment Overview
Marcus & Millichap is pleased to present 1200 W Beverly Blvd. The opportunity consists of one strip center property totaling 20,714 SF situated on a 52,125 SF Lot located in the Heart of Montebello, CA. The property provides a great opportunity for an investor to acquire a property with future rental upside. There is also long-term development potential.
The property is located just west of the busy W Beverly Blvd and N Montebello Blvd intersection. W Beverly Blvd is a major West- East thoroughfare, that sees roughly 40,000 vehicles per day. The property also sits about a 1 mile south of California State Route 60. The property is also in proximity to the Mart of Montebello. This section of Montebello boasts ideal demographics as there are more than 203,000 people living in a 3-mile radius, with an average household income exceeding $88,000 in a 3-mile radius.
Investment Highlights
- Rare Strip Center Opportunity in the Heart of Montebello
- Future Rental Upside
- Long-Term Development Potential
- O’Reilly Auto Parts and WSS Anchored Strip Center
- Historically Long Term National Credit Tenants
- Great Visibility | 277’ Frontage on W Beverly Blvd
- Walk Score of 83 (Very Walkable)
- Ample Parking| 67 Spaces – Parking Ratio: 3.20/1,000
- W Beverly Blvd is a Major West-East thoroughfar that sees roughly 40,000 Vehicles Per Day
- Exceptional Demographics: 203,781 People and a Avg. HHI of $88,537 within a 3-Mile Radius