SELLER MAY FINANCE | FLEX IN PRICE 700 West Compton Boulevard

16 storefronts/almost 25K rentable square feet on a massive 80K sq. foot lot! Due to long-term, lax, one-family ownership and management, there is immediate meat on the bone for a savvy Buyer. Approximately 1/2 of the 22K sq. ft. is currently vacant - 7 of the 16 store can command a market rent immediately. And the existing tenants are on shorter-terms leases or MTM, meaning the entire center could be 'at market' sooner rather than later. This signalized SEC corner of Wilmington and Compton location is ripe for reimaging - the NEC is home to a newer build-to-suit, credit tenant (AutoZone), for example. Just behind this center is an attractive planned urban development of 300+ homes. And the Compton Airport is only 3 blocks away. 60K cars/day at this corner. $83K average household income. $538K median home value. Projected rents of $2.38/foot NNN modeled for the empty spaces.