12121 Lakewood Blvd
Downey, California
Building
Stats
- Property Type Retail - Vehicle Related
- Building size (SF) 12,000
- Price $3,950,000
Overview
Avison Young is pleased to present this exceptional opportunity to acquire a
multi-tenant automotive center located at 12121 Lakewood Boulevard in Downey, California. The building consists of three (3) separate units that three (3) tenants currently occupy on a month-to-month basis. Each unit is individually metered and has its own restrooms and yard space. Built in 1972, the building totals approximately 12,000 square feet and sits on a 0.85 acre (37,094 SF) lot. The property is equipped with six (6) auto bays, 39 surface parking spaces, and a large pylon sign. The property is located less than 0.5 miles north of 105 Freeway with close proximity to 710, 605 and 5 freeways. Along with being adjacent to both Promenade at Downey and Downey Landing (1.2M+ SF retail supercenter), the subject property sits next to Kaiser Permanente’s Downey Medical Center (823,000 SF). The medical center is a full-service medical and surgical hospital with 424-beds, which employs approximately 4,600+ daily employees. This is a rare opportunity for an owner/user or investor to acquire a well-located auto center in the premier city of Downey.