Listing provided courtesy of Reyes Mejia of Realty Group Advisors. Last updated 2022-01-16 09:33:36.000000. Listing information © 2021 CRMLS.
Asking Price: $17,546,666
3111 Florence, Los Angeles CA 90255
Community: C37 - Metropolitan South
This Retail property was built in 2018 and is priced at $17,546,666. Please see the additional details below.
- 0 Sq Ft
- 0 bathrooms
- 0 bedrooms
- MLS#: 367264884
- Type: Retail
- Year Built: 2018
Realty Group Advisors is pleased to present 3111 E Florence Avenue for sale in Huntington Park, California. This freestanding, single-tenant, ±28,000-square-foot retail building sits on a ±1.4-acre lot and is fully leased to Smart & Final, one of the longest operating food retailers in the United States. The property features excellent visibility at the signalized intersection of Florence Avenue and Mission Place, with a combined average daily traffic count of more than 33,000 vehicles. 3111 E Florence Avenue is easily accessible to consumers via I-710 to the east, I-110 to the west, I-105 to the south, and I-10 and I-5 to the north. Additionally, a bus stop along a 38-stop bus route is located directly in front of the building, and Dial-A-Ride taxi services are readily available. This accessibility allows the property to reach the strong surrounding demographics in the Huntington Park area, which is one of the most densely populated markets in Southern California. Within a five-mile radius of the building live more than 1 million residents, who contribute to a consumer spending total of over $7.2 billion. Located just seven miles south of Downtown Los Angeles, the property is situated along a well-established urban street retail district. It draws from the popular surrounding communities of Lynwood, Bell, and Maywood. With its ease of access and strong surrounding demographics, 3111 E Florence Avenue offers an excellent e-commerce-proof investment opportunity in the Gateway Cities district of southeastern Los Angeles County.