Freestanding Shopping Center with
9901-9915 Paramount Blvd, Downey, CA 90240
For Sale
Contact for pricing
Office suites in a freestanding neighborhood center with surface parking and nearby restaurant and retail amenities.
Property Size52,700 SF
Days on Market52
Property Features for 9901-9915 Paramount Blvd
General Information
Standard status
Size
Property subtype
Lease Term
Additional Details
Road Access
Building Details
Building Size
Year Built
Properties For Sale
at 9901-9915 Paramount Blvd Contact usSuite 105
Size
747 SF
Term
Negotiable
Suite 135
Size
1,928 SF
Term
Negotiable
Listing Agency:
Lee & Associates
Listed By:
Christopher Larimore · License #CalDRE #01314464
(626) 240-2788
Source:
Lee-associates
Added: Sep 18
Changed: Nov 6
Last Checked: Nov 6 at 7:33AM
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 Lee & Associates
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding neighborhood shopping center includes office suites in a professional commercial setting. The property was built in 1965 and includes surface parking for occupants and visitors.
The center fronts Paramount Blvd with 415 feet of street frontage and is located at 9901-9915 Paramount Blvd in Downey, California. Restaurant and retail amenities surround the property, adding established commercial context to the site.
The center fronts Paramount Blvd with 415 feet of street frontage and is located at 9901-9915 Paramount Blvd in Downey, California. Restaurant and retail amenities surround the property, adding established commercial context to the site.
Key Highlights
- Freestanding neighborhood shopping center with office suites
- 415 feet of street frontage along Paramount Blvd
- Surface parking available on site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,734
Suggested Prices Based on Cap Rates
Cap Rate 5%
$974,680
$974.7K
Cap Rate 7%
$696,200
$696.2K
Cap Rate 9%
$541,489
$541.5K
Market Conditions
NOI Build-Up for 1,928 SF
Gross rent
$71.3K $36.96/SF
− Vacancy
−$1.6K −$0.85/SF
EGI
$69.6K $36.11/SF
− OpEx
−$20.9K −$10.83/SF
NOI
$48.7K $25.28/SF
Area
Downey, CA
Vacancy
2.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$974,680
Cap Rate 7%
$696,200
Cap Rate 9%
$541,489
Alternative Uses
Best Use
Retail
$696.2K
$609.2K – $812.2K
NOI $48,734 @ 7.0% cap · market cap 1,772,145.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$786.6K
$688.3K – $917.7K
NOI $55,064 @ 7.0% cap · market cap 2,002,327.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,402
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90240, CA
26,495
Population
8,014
Households
3.3
Avg Household Size
38
Median Age
30%
College-Educated
86%
High-School Grad
3.0 sq mi
ZIP Area
8,832
Density / Sq Mi
$108,860
Median Household Income
$47,823
Median Earnings
$1,966
Median Rent
$764,200
Median Home Value
Market
Properties on Market for Shopping centers in Los Angeles County
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Shopping center - Office suites in a freestanding neighborhood center with surface parking and nearby restaurant and retail amenities.
Where is this shopping center located?
The property is located at 9901-9915 Paramount Blvd Downey, CA.
What are key features of this property?
This property features: Freestanding neighborhood shopping center with office suites; 415 feet of street frontage along Paramount Blvd; Surface parking available on site
