freestanding retail bldg. for sale

Freestanding Retail Bldg. For Sale13250 Rosecrans Ave.

Norwalk CA 90650

Ian Furar Michael NittiManaging Partner Associate949-717-7711 x11 949-717-7711 x17Lic: 01255089 Lic: [email protected] [email protected]

HIGHLIGHTS:

» Hard Corner Freestanding Retail Bldg.» Excellent Owner/User Opportunity» Exclusive Parking Field» Strong Traffic Counts, Over 26,000 Cars

Per Day

DEMOGRAPHICS 1 MILE 3 MILE 5 MILE2017 Population 10,649 210,534 616,3472017 Average HH Income $75,534 $85,310 $88,268

Freestanding Retail Bldg. For Sale

PROPERTY SUMMARYNumber of Tenants 1

Building SF 1,350

Land SF 4,947

Year Built 2007

# of parcels 2

Zoning Type C1

INVESTMENT SUMMARYOffering Price $700,000

Price PSF $518.52

INVESTMENT SUMMARY

Strong Potential for Owner/User and or Immediate Rental Income UpsideFuture Income Opportunity with vacant space: potential Owner/User or investment rental opportunity.Located on bustling thoroughfare at the intersection of Claressa Ave & Rosecrans Ave - traffic counts exceed 26,580cars per dayStrong Real Estate FundamentalsCorner Lot Intersection LocationGood ingress and egress- Easily accessible from East or West bound RosecransSituated on Rosecrans Avenue between the major thoroughfares of Bloomfield Ave & Carmenita Rd. (35k+ cars perday)Centrally Located - Bordering LA & OC County LinesLocated Just North of the 5 FreewayHeavy Office/Industrial density in the immediate areaClose proximity to All of the Area’s Major Freeways (5, 91, 605 Freeways)High visibility marquis signage atop buildingDense & Diverse Demographics - Over 616,533 people within five miles- daytime employee population within threemiles exceeds 88,449

We obtained the following information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors,omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent the current or futureperformance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

Site Map on Satellite Imagery - 0.4 Miles Wide13250 Rosecrans Ave, Norwalk, California, 90650 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 33.90232

Longitude: -118.04858

Source: ArcGIS Online World Imagery Basemap

March 23, 2018

©2018 Esri Page 1 of 1

Site Details Map13250 Rosecrans Ave, Norwalk, California, 90650 Site Details MapRings: 1, 3, 5 mile radii Latitude: 33.90232


This site is located in:City: Norwalk

County: Los Angeles County

State: California

ZIP Code: 90650

Census Tract: 06037552400Census Block Group: 060375524001

CBSA: Los Angeles-Long Beach-Anaheim, CA Metropolitan Statistical Area

March 23, 2018


Executive Summary13250 Rosecrans Ave, Norwalk, California, 90650 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 33.90232


1 mile 3 miles 5 milesPopulation

2000 Population 10,335 200,038 580,4662010 Population 10,224 202,312 591,8772017 Population 10,649 210,401 617,0262022 Population 10,947 216,079 635,5222000-2010 Annual Rate -0.11% 0.11% 0.19%2010-2017 Annual Rate 0.56% 0.54% 0.58%2017-2022 Annual Rate 0.55% 0.53% 0.59%2017 Male Population 49.4% 49.3% 49.0%2017 Female Population 50.6% 50.7% 51.0%2017 Median Age 35.4 35.0 35.9

In the identified area, the current year population is 617,026. In 2010, the Census count in the area was 591,877. The rate of change since 2010 was 0.58% annually. The five-year projection for the population in the area is 635,522 representing a change of 0.59% annually from 2017 to 2022. Currently, the population is 49.0% male and 51.0% female.

Median Age

The median age in this area is 35.4, compared to U.S. median age of 38.2.Race and Ethnicity

2017 White Alone 50.3% 47.6% 47.3%2017 Black Alone 4.4% 3.5% 4.3%2017 American Indian/Alaska Native Alone 1.0% 1.0% 0.9%2017 Asian Alone 13.1% 19.7% 21.0%2017 Pacific Islander Alone 0.5% 0.3% 0.4%2017 Other Race 26.2% 23.6% 21.5%2017 Two or More Races 4.5% 4.4% 4.5%2017 Hispanic Origin (Any Race) 68.4% 59.6% 53.6%

Persons of Hispanic origin represent 53.6% of the population in the identified area compared to 18.1% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 86.4 in the identified area, compared to 64.0 for the U.S. as a whole.

Households2000 Households 2,708 53,986 171,9472010 Households 2,653 54,491 173,7912017 Total Households 2,757 56,334 179,3602022 Total Households 2,837 57,636 183,8672000-2010 Annual Rate -0.20% 0.09% 0.11%2010-2017 Annual Rate 0.53% 0.46% 0.44%2017-2022 Annual Rate 0.57% 0.46% 0.50%2017 Average Household Size 3.82 3.64 3.39

The household count in this area has changed from 173,791 in 2010 to 179,360 in the current year, a change of 0.44% annually. The five-year projection of households is 183,867, a change of 0.50% annually from the current year total. Average household size is currently 3.39, compared to 3.36 in the year 2010. The number of families in the current year is 143,843 in the specified area.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022. Esri converted Census 2000 data into 2010 geography.

March 23, 2018


Executive Summary13250 Rosecrans Ave, Norwalk, California, 90650 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 33.90232


1 mile 3 miles 5 milesMedian Household Income

2017 Median Household Income $62,161 $68,094 $68,8642022 Median Household Income $67,782 $76,386 $77,2452017-2022 Annual Rate 1.75% 2.32% 2.32%

Average Household Income

2017 Average Household Income $75,534 $85,309 $88,2732022 Average Household Income $85,011 $96,593 $100,1922017-2022 Annual Rate 2.39% 2.52% 2.57%

Per Capita Income2017 Per Capita Income $20,693 $23,616 $26,1262022 Per Capita Income $23,266 $26,522 $29,4392017-2022 Annual Rate 2.37% 2.35% 2.42%

Households by IncomeCurrent median household income is $68,864 in the area, compared to $56,124 for all U.S. households. Median household income is projected to be $77,245 in five years, compared to $62,316 for all U.S. households

Current average household income is $88,273 in this area, compared to $80,675 for all U.S. households. Average household income is projected to be $100,192 in five years, compared to $91,585 for all U.S. households

Current per capita income is $26,126 in the area, compared to the U.S. per capita income of $30,820. The per capita income is projected to be $29,439 in five years, compared to $34,828 for all U.S. households Housing

2000 Total Housing Units 2,780 55,184 175,9562000 Owner Occupied Housing Units 1,841 37,399 109,2122000 Renter Occupied Housing Units 868 16,587 62,7352000 Vacant Housing Units 71 1,198 4,009

2010 Total Housing Units 2,750 56,340 180,2442010 Owner Occupied Housing Units 1,738 36,850 109,1062010 Renter Occupied Housing Units 915 17,641 64,6852010 Vacant Housing Units 97 1,849 6,453

2017 Total Housing Units 2,881 58,565 186,2902017 Owner Occupied Housing Units 1,749 37,005 109,4742017 Renter Occupied Housing Units 1,008 19,329 69,8862017 Vacant Housing Units 124 2,231 6,930

2022 Total Housing Units 2,973 60,013 191,1932022 Owner Occupied Housing Units 1,785 37,787 111,6492022 Renter Occupied Housing Units 1,052 19,849 72,2182022 Vacant Housing Units 136 2,377 7,326

Currently, 58.8% of the 186,290 housing units in the area are owner occupied; 37.5%, renter occupied; and 3.7% are vacant. Currently, in the U.S., 55.6% of the housing units in the area are owner occupied; 33.1% are renter occupied; and 11.3% are vacant. In 2010, there were 180,244 housing units in the area - 60.5% owner occupied, 35.9% renter occupied, and 3.6% vacant. The annual rate of change in housing units since 2010 is 1.48%. Median home value in the area is $468,403, compared to a median home value of $207,344 for the U.S. In five years, median value is projected to change by 2.31% annually to $524,963.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022. Esri converted Census 2000 data into 2010 geography.

March 23, 2018


freestanding retail bldg. for sale

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