Retail Business for Sale in Montebello, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Montebello, CA 90640

Description

Marcus & Millichap Real Estate Investment Services is pleased to exclusively market for-sale the fee-simple interest of Enterprise Truck Rental Services located at 1528 Washington Boulevard, Montebello, California. Centrally located within Los Angeles County the subject property is situated within an industrial area with close proximities to several freeways. The demand for truck rentals only continues to grow as the industrial sector continues to expand within LA County. Investment Highlights: • Enterprise Rent-A-Car: Single Tenant Net Leased Corporate Investment • 4.45% Capitalization Rate; Only $79/SF Land Cost • Tenant Just Executed Their First 5-Year Option

Market Context

This retail in Montebello, CA is listed for sale. It is offered at an approximate 4.5% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 53 days. Compare it against other retail listings for sale in Montebello, CA — <a href="/search/sale/retail/california/montebello">view the full market</a>.

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