Nightclub and Event
For Sale
$12,000,000
Pending
8206 Firestone Boulevard, Downey, CA 90241
Move-in ready entertainment venue with a full nightclub buildout, including sound and lighting, bar area, and VIP seating.
Property Size16,000 SF
Days on Market337
Property Features for 8206 Firestone Boulevard
General Information
Standard status
Pending
Size
16,000 SF
Property subtype
Commercial/Industrial
Additional Details
Business Included
Yes
Highway Access
Yes
Building Details
Year Built
1941
Listing Agency:
JohnHart Real Estate
(213) 610-5626
Listed By:
Charlie Kachian · License #01987652
(213) 610-5626
Source:
Exitrealty
Added: Sep 9, 2025
Changed: Aug 8
Last Checked: Jul 23 at 6:58AM
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 JohnHart Real Estate
Investment Insights
Based on property information with market context.
This entertainment venue is a 16,000 square foot nightclub built for live programming and private events. The interior features a spacious open floor plan with dramatic lighting and stylish, modern finishes, anchored by a main event space with a bar setup and a high-capacity dance floor. For guest experience and operations, the property includes high-end restrooms and private areas for staff and management. A state-of-the-art sound and lighting system is in place to support live performances and large-scale nightlife programming, while the overall layout is described as efficient for smooth day-to-day operations.
Located in Downey at 8206 Firestone Boulevard, the property offers easy access with ample parking for guests. The site is also described as providing strong visibility and convenient access to major freeways, supporting both walk-in traffic and event attendance.
For buyers and operators, the venue is positioned for immediate use as a nightclub, or it can be adapted for a broader range of entertainment and event formats based on the existing open event space and guest amenities. With a move-in ready presentation and a purpose-built sound-and-lighting package, it can serve as a turnkey option for operators seeking an entertainment asset that is already configured for high-energy nights and private gatherings.
Located in Downey at 8206 Firestone Boulevard, the property offers easy access with ample parking for guests. The site is also described as providing strong visibility and convenient access to major freeways, supporting both walk-in traffic and event attendance.
For buyers and operators, the venue is positioned for immediate use as a nightclub, or it can be adapted for a broader range of entertainment and event formats based on the existing open event space and guest amenities. With a move-in ready presentation and a purpose-built sound-and-lighting package, it can serve as a turnkey option for operators seeking an entertainment asset that is already configured for high-energy nights and private gatherings.
Key Highlights
- 16,000 sq. ft. entertainment venue built in 1941, operating as a high‑end nightclub
- Nightclub buildout includes a bar area, VIP seating, and a high‑capacity dance floor
- State‑of‑the‑art sound and lighting system for live performances and private events
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
$433,319
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
3.61%
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%
$8,666,380
$8.7M
Cap Rate 7%
$6,190,271
$6.2M
Cap Rate 9%
$4,814,656
$4.8M
Market Conditions
NOI Build-Up for 16,000 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
$591.4K $36.96/SF
− Vacancy
−$13.6K −$0.85/SF
EGI
$577.8K $36.11/SF
− OpEx
−$144.4K −$9.03/SF
NOI
$433.3K $27.08/SF
Area
Downey, CA
Vacancy
2.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
25.00%
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%
$8,666,380
Cap Rate 7%
$6,190,271
Cap Rate 9%
$4,814,656
Alternative Uses
Best Use
Specialty Retail
$6.19M
$5.42M – $7.22M
NOI $433,319 @ 7.0% cap · market cap 3.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.53M
$5.71M – $7.62M
NOI $456,960 @ 7.0% cap · market cap 3.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,078
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 90241, CA
44,921
Population
15,100
Households
3
Avg Household Size
37
Median Age
25%
College-Educated
81%
High-School Grad
4.9 sq mi
ZIP Area
9,168
Density / Sq Mi
$84,375
Median Household Income
$43,319
Median Earnings
$1,884
Median Rent
$770,100
Median Home Value
Questions? Ask Rey
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Similar Off Market Nearby
- Starbucks — 8626 Firestone Blvd, Downey, CA 90241
- La Barca Restaurantes — 8649 Firestone Blvd, Downey, CA 90241
- NINETY66 Bar & Lounge — 9066 Firestone Blvd, Downey, CA 90241
- BJ's Restaurant & Brewhouse — 121 Stonewood St, Downey, CA 90241
- Mimi's Cafe — 8455 Firestone Blvd, Downey, CA 90240
Frequently Asked Questions
What type of property is this?
Night club - Move-in ready entertainment venue with a full nightclub buildout, including sound and lighting, bar area, and VIP seating.
Where is this night club located?
The property is located at 8206 Firestone Boulevard Downey, CA.
What is the asking price?
The asking price for this property is $12,000,000.
What are key features of this property?
This property features: 16,000 sq. ft. entertainment venue built in 1941, operating as a high‑end nightclub; Nightclub buildout includes a bar area, VIP seating, and a high‑capacity dance floor; State‑of‑the‑art sound and lighting system for live performances and private events
