Just Listed – 3 Unit Retail Building with 2 Built Out Kitchens
Jeremy Berman is pleased to present 10500 S Inglewood Ave, a retail building for sale in Inglewood!
This retail building is offered at $1,100,000
3 unit retail building with two built out kitchens and FF&E’s above a 5 cap just one mile away from the new LA Rams stadium! This 2350 SF vacant property consists of 3 units; FRONT: A market/liquor store. MIDDLE: A quick-serve restaurant/deli. REAR: A retail-bakery. The building is situated on a 6,451 SF lot with 10 parking spaces is currently configured as one continuous space which gives the new owner/tenants a variety of configuration options to meet their needs!
The sale includes all FF&E with a value of $150,000, including 2 independent hood systems, grease interceptor, Hobart mixers, a Blodgett deck oven, and a 14 glass door reach in beverage merchandiser. (Full equipment list detailed in OM package) The property also has 10 striped parking spaces with one dedicated handicapped space.
The location has easy freeway access; approximately 1 mile from the 405 Freeway & 105 Freeway on ramps, and is situated 1.5 miles from the new LA Rams Stadium, The Form, and only 2 miles from LAX International Airport.
The $2.6 billion Los Angeles Stadium at Hollywood Park is under construction in Inglewood and when completed in 2020, it will be the home of both the Los Angeles Rams and Los Angeles Chargers. The Los Angeles Stadium is also expected to host the Super Bowl in 2021 and the 2028 Summer Olympics. The Light Rail Metro Expansion is expected to add 4 new Inglewood stops by 2019. There are plans to revamp the Downtown Arts District by 2020.
Inglewood is a city in the South Bay region of Los Angeles that is bordered by Westchester/LAX, Hawthorne, and Ladera Heights. Spanning 8 square miles with a population of 109,670, Inglewood has emerged as one of the hottest real estate markets in Southern California. Real estate values have increased 10.1% over the past year and the median price of homes currently listed in Inglewood is $480,000.
To learn more about this property:
- Download the marketing package here
- View the listing here
- Contact Jeremy Berman at Jeremy@lyonstahl.com – (310) 491-5933
- or Cameron Samimi at Cameron@lyonstahl.com – (310) 880-3855