Shopping Strip
Florence Plaza
2051 E Florence Ave, Huntington Park, CA 90001
Listing Price: $18,500,000
Investment Overview
Marcus & Millichap, as exclusive advisors, is pleased to present the opportunity
to acquire the fee simple interest in Florence Plaza (“Florence Plaza” or the
“Property”), a 37,088-square-foot retail strip center, along with a freestanding
Burger King on a separate parcel, located in Huntington Park, a dense and
highly sought-after infill submarket of Los Angeles, California. The Burger King,
operating under a new 10-year lease, adds a durable, credit-backed income
stream and enhances the investment’s overall yield profile. Together, the
assets present investors with a compelling value-add opportunity at a basis
well below replacement cost, anchored by strong in-place cash flow and
significant upside through future lease-up and repositioning.
Florence Plaza
Investment Highlights
- HIGH VISIBILITY FRONTAGE The Property features approximately 900 feet of frontage on Florence Avenue and 100 feet on Alameda Street
- MAIN & MAIN SIGNALIZED INTERSECTION Located at the intersection of Florence Avenue, a key eastwest thoroughfare, and Alameda Street
- ESTABLISHED RETAIL CORRIDOR Directly across from El Super and the La Alameda Regional Shopping Center, home to national tenants such as Bank of America, CVS, Ross Dress for Less, Petco, and Marshall's
Exclusively Listed By
Financing By
Listing Price: $18,500,000
Investment Highlights
- HIGH VISIBILITY FRONTAGE The Property features approximately 900 feet of frontage on Florence Avenue and 100 feet on Alameda Street
- MAIN & MAIN SIGNALIZED INTERSECTION Located at the intersection of Florence Avenue, a key eastwest thoroughfare, and Alameda Street
- ESTABLISHED RETAIL CORRIDOR Directly across from El Super and the La Alameda Regional Shopping Center, home to national tenants such as Bank of America, CVS, Ross Dress for Less, Petco, and Marshall's
Investment Overview
Marcus & Millichap, as exclusive advisors, is pleased to present the opportunity to acquire the fee simple interest in Florence Plaza (“Florence Plaza” or the “Property”), a 37,088-square-foot retail strip center, along with a freestanding Burger King on a separate parcel, located in Huntington Park, a dense and highly sought-after infill submarket of Los Angeles, California. The Burger King, operating under a new 10-year lease, adds a durable, credit-backed income stream and enhances the investment’s overall yield profile. Together, the assets present investors with a compelling value-add opportunity at a basis well below replacement cost, anchored by strong in-place cash flow and significant upside through future lease-up and repositioning.
Exclusively Listed By
Financing By
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