1200 W Beverly Blvd

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 

Address

1200 W Beverly Blvd
Montebello, CA 90640
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Detail

Price: $9,000,000.00
Year Built 1964
NOI $0.00

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The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap and should not be made available to any other person or entity without the written consent of Marcus & Millichap. This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. Marcus & Millichap is a service mark of Marcus &

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All potential buyers are strongly advised to take advantage of their opportunities and obligations to conduct thorough due diligence and seek expert opinions as they may deem necessary, especially given the unpredictable changes resulting from the continuing COVID-19 pandemic. Marcus & Millichap has not been retained to perform, and cannot conduct, due diligence on behalf of any prospective purchaser. Marcus & Millichap’s principal expertise is in marketing investment properties and acting as intermediaries between buyers and sellers. Marcus & Millichap and its investment professionals cannot and will not act as lawyers, accountants, contractors, or engineers. All potential buyers are admonished and advised to engage other professionals on legal issues, tax, regulatory, financial, and accounting matters, and for questions involving the property’s physical condition or financial outlook. Projections and pro forma financial statements are not guarantees and, given the potential volatility created by COVID-19, all potential buyers should be comfortable with and rely solely on their own projections, analyses, and decision-making.)

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