BALDWIN PARK TOWNE CENTER
BALDWIN PARK, CA
AT A GLANCE
Located within a prime Los Angeles county retail trade area, anchored by Home Depot.
100% leased / gorwing income stream with rental increases.
Interstate 10 freeway visibility with over 209,000 vehicles per day.
Peception of above market lease rates.
Mostly small, independent tenants.
- Existing in-place loan.
Targeted Southern Califronia owners and 1031 exchange buyers.
Focused on significant demand and limited supply in trade area.
Generated multiple offers from various buyer profiles.
Closed at mid-5% cap rate / over %515 per square foot.
Structed loan assumption with buyer.