Freestanding Retail
New
For Sale
$775,000
10309 Atlantic Ave, South Gate, CA 90280
Adaptable commercial interior near the 710 freeway with dedicated rear parking.
Property Size2,022 SF
Price / SF$383.28
Days on Market1
Property Features for 10309 Atlantic Ave
General Information
Standard status
Active
Size
2,022 SF
Total Parking Spaces
9
Additional Details
Highway Access
Yes
Building Details
Year Built
1947
Buildings
1
Listing Agency:
Keller Williams Realty/Temecula
Listed By:
CHRISTINE CHENG · License #01991087
(626) 964-5500
Source:
Myfabuloushome
Added: Sep 19
Last Checked: Sep 19 at 7:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty/Temecula
Investment Insights
Based on property information with market context.
This freestanding retail property provides 2,022 square feet of commercial space on Atlantic Avenue in South Gate. The adaptable interior can accommodate a range of business formats, including retail, medical office, laundromat, and real estate office uses. Built in 1947, the building offers a practical existing structure for an owner-user or operator seeking a visible commercial address.
A dedicated parking area behind the building provides 9 parking spaces for customers and employees. The property is located near the 710 freeway, supporting regional access, and is available for sale or lease. Its Atlantic Avenue position places the space within an established commercial setting in South Gate.
A dedicated parking area behind the building provides 9 parking spaces for customers and employees. The property is located near the 710 freeway, supporting regional access, and is available for sale or lease. Its Atlantic Avenue position places the space within an established commercial setting in South Gate.
Key Highlights
- 2,022 square feet of adaptable retail space
- Freestanding commercial building on Atlantic Avenue
- 9‑space dedicated parking area at the rear
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$44,736
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.77%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$894,720
$894.7K
Cap Rate 7%
$639,086
$639.1K
Cap Rate 9%
$497,067
$497.1K
Market Conditions
NOI Build-Up for 2,022 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$68.4K $33.84/SF
− Vacancy
−$4.5K −$2.23/SF
EGI
$63.9K $31.61/SF
− OpEx
−$19.2K −$9.48/SF
NOI
$44.7K $22.12/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$894,720
Cap Rate 7%
$639,086
Cap Rate 9%
$497,067
Alternative Uses
Best Use
Retail
$639.1K
$559.2K – $745.6K
NOI $44,736 @ 7.0% cap · market cap 5.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.08M
$947.3K – $1.26M
NOI $75,780 @ 7.0% cap · market cap 9.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
811
Businesses Nearby
244k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Shops & Services 27%
Groceries 21%
El Super
Groceries
51,685 visits/mo
0.3 miles
McDonald's
Dining
35,534 visits/mo
0.4 miles
Starbucks
Dining
17,859 visits/mo
0.4 miles
Chevron
Shops & Services
17,261 visits/mo
0.5 miles
Panda Express
Dining
16,603 visits/mo
0.4 miles
Demographics for 90280, CA
92,678
Population
25,395
Households
3.6
Avg Household Size
34
Median Age
12%
College-Educated
59%
High-School Grad
7.4 sq mi
ZIP Area
12,524
Density / Sq Mi
$71,379
Median Household Income
$34,547
Median Earnings
$1,471
Median Rent
$608,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Retail space - Adaptable commercial interior near the 710 freeway with dedicated rear parking.
Where is this retail space located?
The property is located at 10309 Atlantic Ave South Gate, CA.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 2,022 square feet of adaptable retail space; Freestanding commercial building on Atlantic Avenue; 9‑space dedicated parking area at the rear
