Occupied Multi-Tenant Retail
New
For Sale
$5,870,000
7351-7359 Rosecrans Avenue, Paramount, CA 90723
Two freestanding buildings occupy a signalized intersection with on-site parking and convenient 110 Freeway access.
Property Size10,175 SF
Price / SF$576.90
Days on Market5
Property Features for 7351-7359 Rosecrans Avenue
General Information
Standard status
Active
Size
10,175 SF
Property subtype
Retail
Occupancy
100%
Site & Location
Corner Location
Yes
Highway Access
Yes
Building Details
Building Size
10,175 SF
Year Built
2009
Buildings
2
Stories
1
Tenancy
Multi
Parking Ratio
5 per 1,000 SF
Listing Agency:
Lee & Associates | Investment Services Group
(213) 623-0800
Listed By:
Matthew Sullivan · License #00848427
Source:
Lee-associates
Added: Aug 26
Changed: Aug 30
Last Checked: Aug 30 at 7:11AM
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 Lee & Associates | Investment Services Group
Investment Insights
Based on property information with market context.
This retail property comprises two one-story freestanding buildings totaling approximately 10,175 square feet. Built in 2009, the improvements are configured for multiple occupants and are currently 100% occupied. The property also includes a vacant land parcel and on-site parking, with handicap spaces available.
The asset is positioned at the signalized intersection of Garfield Avenue and Rosecrans Avenue in Paramount, California. Its location provides access to the 110 Freeway, while the parking ratio of 5.0 spaces per 1,000 SF supports the existing retail configuration.
The asset is positioned at the signalized intersection of Garfield Avenue and Rosecrans Avenue in Paramount, California. Its location provides access to the 110 Freeway, while the parking ratio of 5.0 spaces per 1,000 SF supports the existing retail configuration.
Key Highlights
- Two one‑story freestanding retail buildings totaling ±10,175 SF
- 100% occupied multi‑tenant retail property
- Vacant land parcel included
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
$225,118
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
3.84%
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%
$4,502,360
$4.5M
Cap Rate 7%
$3,215,971
$3.2M
Cap Rate 9%
$2,501,311
$2.5M
Market Conditions
NOI Build-Up for 10,175 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
$344.3K $33.84/SF
− Vacancy
−$22.7K −$2.23/SF
EGI
$321.6K $31.61/SF
− OpEx
−$96.5K −$9.48/SF
NOI
$225.1K $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%
$4,502,360
Cap Rate 7%
$3,215,971
Cap Rate 9%
$2,501,311
Alternative Uses
Best Use
Retail
$3.22M
$2.81M – $3.75M
NOI $225,118 @ 7.0% cap · market cap 3.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.45M
$4.77M – $6.36M
NOI $381,336 @ 7.0% cap · market cap 6.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,171
Businesses Nearby
29k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Dining 42%
76
Shops & Services
10,973 visits/mo
0.1 miles
SUBWAY
Dining
10,140 visits/mo
0.1 miles
Speedway
Shops & Services
5,993 visits/mo
0.1 miles
China Wok
Dining
1,905 visits/mo
0.1 miles
Demographics for 90723, CA
53,770
Population
14,585
Households
3.7
Avg Household Size
33
Median Age
13%
College-Educated
66%
High-School Grad
4.7 sq mi
ZIP Area
11,440
Density / Sq Mi
$70,912
Median Household Income
$35,032
Median Earnings
$1,772
Median Rent
$500,400
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 - Two freestanding buildings occupy a signalized intersection with on-site parking and convenient 110 Freeway access.
Where is this retail space located?
The property is located at 7351-7359 Rosecrans Avenue Paramount, CA.
What is the asking price?
The asking price for this property is $5,870,000.
What are key features of this property?
This property features: Two one‑story freestanding retail buildings totaling ±10,175 SF; 100% occupied multi‑tenant retail property; Vacant land parcel included
