Established Retail Property on Paramount
11432 Paramount Blvd, Downey, CA 90241
Retail property with a corporate lease and strong demographics.
Type:Retail
Property size:
4,180 SFLot size:
0.33 AcresPrice / SF:
$478/SF- Added:
- Sep 12, 2025
- Days on Market:
- 289
- Last Refresh:
- Mar 17 at 1:13 pm
Property Features for 11432 Paramount Blvd
General Information
- Standard status
- Active
- Size
- 4,180 SF
- Lot size
- 0.33 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2001
Listing office DAUM Commercial Real Estate Services Los Angeles
Listing date Sep 12, 2025
Source Crexi
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 DAUM Commercial Real Estate Services Los Angeles
HighLights
- Corporate Lease with Pep Boys (850 locations) provides stable, long‑term income.
- Absolute NNN Lease ensures zero landlord responsibilities and management‑free investment.
- Options to Extend with fixed annual 3% rent increases provide predictable income growth.
- Strong Demographics: High population, employment, and income within the trade area.
- Readily Visible Location: Situated one block from a major signalized intersection with high traffic counts (over 70,000 CPD combined).
- 12‑year Operating History at this location demonstrates the tenant's commitment and success.
Overview
This retail property has a 12-year operating history at its current location. The tenant, Pep Boys, has exercised its first of two 5-year renewal options, commencing September 1, 2025. Both renewal options include fixed annual 3% rent increases. Pep Boys operates 850 locations with over 8,500 service bays, along with a large network of franchisee locations across 49 states. The property is located just off the major signalized intersection of Paramount Blvd. (30,735 CPD) and Firestone Blvd. (43,135 CPD). Paramount Blvd. is a major east-west thoroughfare known for its commercial retail businesses. Surrounding retailers include Stater Bros., CVS, Grocery Outlet, Shake Shack, Porto’s Bakery, and numerous automotive service businesses. The property benefits from strong demographics within a 5-mile trade area, including more than 263,800 residents, 85,000 employees, and over 9,800 businesses within the 3-mile trade area. The average household income is $93,500. The property is a built-to-suit property on a 1/3-acre parcel in a main commercial retail corridor.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $154.5k | $36.96 |
| − Vacancy | −$3.6k | −$0.85 |
| EGI | $150.9k | $36.11 |
| − OpEx | −$45.3k | −$10.83 |
| NOI | $105.7k | $25.28 |
4,180 SF · lease $36.96/SF/yr · vacancy 2.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.51M
$1.32M – $1.76M
NOI $105,658 @ 7.0% cap · market cap 5.28%
Second Best
Industrial
$741.8K
$649.1K – $865.4K
NOI $51,926 @ 7.0% cap · market cap 2.60%
Theoretical Best
Office A
$1.71M
$1.49M – $1.99M
NOI $119,381 @ 7.0% cap · market cap 5.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Pep Boys
(Bike/Boat/Book/etc) Store
Similar Places Nearby
- 007 Downey Town Car Services — 10922 Downey Ave, Downey, CA 90241
- Enterprise Rent-A-Car — 7651 Firestone Blvd, Downey, CA 90241
- VAN Rental Los Angeles - CARNGO — 11115 rives ave, downey, ca 90241
- Fetch Truck — 10924 Paramount Blvd, Downey, CA 90241
Location Insight
- Map
- Local Demand
- City
- Downey
- County
- Los Angeles
- State
- California
- Longitude
- -118.1390941
- Latitude
- 33.9405412
Nearby Similar for Sale
FAQs
What type of property is this?
Automotive property - Retail property with a corporate lease and strong demographics.
Where is this automotive property located?
The property is located at 11432 Paramount Blvd Downey, CA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Corporate Lease with Pep Boys (850 locations) provides stable, long‑term income.; Absolute NNN Lease ensures zero landlord responsibilities and management‑free investment.; Options to Extend with fixed annual 3% rent increases provide predictable income growth.
