Nightclub with Event
For Sale
$12,000,000
Pending
8206 Firestone Boulevard Downey, Downey, CA 90241
Open-plan venue includes a bar, VIP seating, dance floor, and integrated sound and lighting systems.
Property Size16,000 SF
Days on Market59
Property Features for 8206 Firestone Boulevard Downey
General Information
Standard status
Pending
Size
16,000 SF
Additional Details
Highway Access
Yes
Amenities
spacious open floor plan
dramatic lighting
stylish décor
sleek bar setup
luxurious VIP seating
high-capacity dance floor
state-of-the-art sound and lighting system
high-end restrooms
private areas for staff and management
Downey
Los Angeles
Active Under Contract
699 - Not Defined
In between Paramount Blvd and Downey Ave
DOWNEY
1941
Commercial Sale
Square Feet
Owner
Retail
23340
false
Standard
1
2
Other
0-1 Unit/Acre
Public
0.5358
Assessor
16000
Building Details
Building Size
16,000 SF
Year Built
1941
Listed By:
Stacey Sanchez
(562) 620-5321
Source:
Remaxdynasty
Added: Jul 15
Changed: Sep 10
Last Checked: Sep 10 at 5:33AM
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 Stacey Sanchez
Investment Insights
Based on property information with market context.
Located at 8206 Firestone Boulevard in Downey, this 16,000-square-foot commercial property is operating as a nightclub and was built in 1941. The interior centers on a broad event area with a dedicated bar, VIP seating, a large dance floor, and installed sound and lighting equipment. High-end restrooms, private staff and management areas, and an efficient floor plan support venue operations.
The property includes ample parking and offers freeway access for patrons and operators. Its existing configuration supports nightlife, live performances, private events, and other entertainment formats. The venue may also accommodate a banquet hall, event space, or lounge concept, subject to applicable requirements and approvals.
The property includes ample parking and offers freeway access for patrons and operators. Its existing configuration supports nightlife, live performances, private events, and other entertainment formats. The venue may also accommodate a banquet hall, event space, or lounge concept, subject to applicable requirements and approvals.
Key Highlights
- 16,000‑square‑foot nightclub property at 8206 Firestone Boulevard in Downey
- Current nightclub operation with an open event‑oriented interior
- Bar, VIP seating, and high‑capacity dance floor
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
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,088
Businesses Nearby
Well-served
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
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Similar Off Market Nearby
- NINETY66 Bar & Lounge — 9066 Firestone Blvd, Downey, CA 90241
- Starbucks — 8626 Firestone Blvd, Downey, CA 90241
- BJ's Restaurant & Brewhouse — 121 Stonewood St, Downey, CA 90241
- Mimi's Cafe — 8455 Firestone Blvd, Downey, CA 90240
- La Barca Restaurantes — 8649 Firestone Blvd, Downey, CA 90241
Frequently Asked Questions
What type of property is this?
Night club - Open-plan venue includes a bar, VIP seating, dance floor, and integrated sound and lighting systems.
Where is this night club located?
The property is located at 8206 Firestone Boulevard Downey 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‑square‑foot nightclub property at 8206 Firestone Boulevard in Downey; Current nightclub operation with an open event‑oriented interior; Bar, VIP seating, and high‑capacity dance floor
