OFFERING SUMMARY: 1035 N. Maclay Ave, offers an investor the opportunity to acquire a 5,370 SF corner retail property. Located on Maclay, the main commercial corridor in the city of San Fernando, the property offers approx. 140 Feet of frontage with its own parking lot behind the building. The existing discount store is a long standing tenant on a month to month lease.
DEMOGRAPHICS: The population within a 3-mile radius was estimated at over 191,000 as well as over 358,000 within a 5-mile radius, and this population is expected to grow at 6.60% annually. The average household income was estimated at approximately $54,000 within a 3-mile radius.
SALES PRICE: $850,000 - $158/SF for 5,370 SF Building on 9,039 SF Lot