2450 Atlantic Blvd Commerce, CA 90040
- Retail space
- 27,532 SF
- 1.06 lot acres
Current Use by Public Records
- Corey R. Wilbur, MS / Doctor
- Charito Carrillo, LCSW / Doctor
- Liliana Nunez, BA / Doctor
- Reina Baez / Marriage Or Relationship Counselor
- Minerva Guzman, MFT / Doctor
Property Details for 2450 Atlantic Blvd
- Year built
- 1988
- Construction
- WOOD
- Lot size
- 1.06 lot acres
- Property size
- 27,532 SF
- Zone code
- CMMI
- Property type
- Retail space
- APN
- 6335-006-019
- APU
- 6335006019
Description
Commerce Corner, located at 2450 S Atlantic Blvd, Commerce, CA 90040, offers a diverse range of leasing opportunities in a high-demand Southeast Los Angeles submarket. This Class B property boasts a total of 67,010 square feet, with spaces ranging from a minimum of 1,370 square feet to a maximum contiguous space of 22,448 square feet. The property is ideally suited for a variety of uses, including retail, office (traditional, executive, and creative), restaurant, bakery, boba shop, and donut shop. Multiple tenancy options are available. A prominent freestanding building with drive-thru potential is a key feature, situated directly across from a Starbucks, ensuring high visibility and significant foot and vehicle traffic. The property's location on South Atlantic Boulevard, near Washington Blvd, provides excellent access to major thoroughfares and is surrounded by other popular retail destinations, guaranteeing consistent customer flow. This makes Commerce Corner an exceptional choice for businesses seeking maximum exposure and a vibrant commercial environment. The property is categorized as a 2nd generation space, offering immediate occupancy potential.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $6,915,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $5,730,000
- 6.5%
- $6,510,000
- 7%
- $6,290,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $6,765,000
- Geo Method
- $5,830,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $6,420,000
- Retail
- $6,130,000
- Mixed-Use
- $5,405,000
- Hospitality
- $5,855,000
- Educational
- $6,525,000
- Residential Income
- $5,290,000
- Energy
- $5,875,000
- Income-Based Land
- $7,225,000
- Food Service
- $6,110,000
Location Insight
- Map
- Local Demand
- City
- Commerce
- County
- Los Angeles
- State
- California
- Longitude
- -118.168
- Latitude
- 34.0021
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA