Occupied Retail Center
For Sale
$1,524,000
601 W 6th St, San Pedro, CA 90731
Fully occupied retail center on a commercial corner with gated tenant parking and six individually metered units.
Property SizeContact for details
Days on Market203
Property Features for 601 W 6th St
General Information
Standard status
Active
Property subtype
Commercial/Industrial
Building Details
Year Built
1950
Listing Agency:
Apex Properties
(424) 293-8085
Listed By:
Christopher Comfort · License #01407997
(818) 917-6558
Source:
Exitrealty
Added: Feb 13
Changed: Sep 1
Last Checked: Sep 4 at 11:35AM
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 Apex Properties
Investment Insights
Based on property information with market context.
This fully occupied retail center is located on a commercial corner and includes a gated parking lot for tenant parking. The building consists of six commercial units that average 964 sq. ft. each, with each unit individually metered for electricity and gas. The center currently has six tenants in place: a production studio, a velvet hair salon, a smoke shop, a fit lab gym, a premiere chiropractic practice, and a jiu-jitsu studio.
On site, the property provides six parking stalls. All leases are described as NNN. The asset is reported at an existing actual cap rate of 6.25% and a current NOI of $95,256.
For buyers evaluating a smaller-unit retail configuration, the center’s six-unit layout and individually metered utilities are established operational features supporting ongoing tenancy.
On site, the property provides six parking stalls. All leases are described as NNN. The asset is reported at an existing actual cap rate of 6.25% and a current NOI of $95,256.
For buyers evaluating a smaller-unit retail configuration, the center’s six-unit layout and individually metered utilities are established operational features supporting ongoing tenancy.
Key Highlights
- Fully occupied retail center on a commercial corner with gated parking lot for tenant parking
- 6 retail units built in 1950, averaging 964 SF each
- NNN leases with each store individually metered for electricity and gas
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
24,448
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90731, CA
61,270
Population
24,477
Households
2.5
Avg Household Size
38
Median Age
25%
College-Educated
81%
High-School Grad
9.3 sq mi
ZIP Area
6,588
Density / Sq Mi
$71,936
Median Household Income
$41,324
Median Earnings
$1,645
Median Rent
$808,800
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?
Shopping center - Fully occupied retail center on a commercial corner with gated tenant parking and six individually metered units.
Where is this shopping center located?
The property is located at 601 W 6th St San Pedro, CA.
What is the asking price?
The asking price for this property is $1,524,000.
What are key features of this property?
This property features: Fully occupied retail center on a commercial corner with gated parking lot for tenant parking; 6 retail units built in 1950, averaging 964 SF each; NNN leases with each store individually metered for electricity and gas
