Free-Standing Retail/Office
For Sale
$775,000
10309 Atlantic Avenue, South Gate, CA 90280
Free-standing building includes a rear parking lot with nine spaces.
Property Size2,022 SF
Price / SF$383.28
Days on Market463
Property Features for 10309 Atlantic Avenue
General Information
Standard status
Active
Size
2,022 SF
Total Parking Spaces
9
Property subtype
Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
3
Building Details
Year Built
1947
Listing Agency:
Keller Williams Realty/Temecula
(310) 467-1978
Listed By:
CHRISTINE CHENG · License #01991087
(626) 964-5500
Source:
Xome
Added: May 30, 2025
Changed: Sep 2
Last Checked: Sep 4 at 2:08AM
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 free-standing commercial building at 10309 Atlantic Avenue offers 2,022 square feet of interior space described as versatile and adaptable for a range of business uses, including a laundromat, medical office, retail store, or real estate office. The property is available for sale or lease.
The building is located in South Gate and is positioned on Atlantic Avenue near the 710 freeway. A dedicated parking lot at the rear provides nine parking spaces for customers and employees.
If you’re looking for a standalone site with on-site parking and flexible interior space, this property is offered as a sale or leasing option to match different operating needs.
The building is located in South Gate and is positioned on Atlantic Avenue near the 710 freeway. A dedicated parking lot at the rear provides nine parking spaces for customers and employees.
If you’re looking for a standalone site with on-site parking and flexible interior space, this property is offered as a sale or leasing option to match different operating needs.
Key Highlights
- Free‑standing commercial building with 2,022 SF of versatile space
- Rear parking lot provides 9 parking spaces for customers and employees
- Located on Atlantic Avenue in South Gate, near the 710 freeway
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
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road 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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Free-standing building includes a rear parking lot with nine spaces.
Where is this retail space located?
The property is located at 10309 Atlantic Avenue 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: Free‑standing commercial building with 2,022 SF of versatile space; Rear parking lot provides 9 parking spaces for customers and employees; Located on Atlantic Avenue in South Gate, near the 710 freeway
