8016 E. SLAUSON - LoopNet

8016 E. SLAUSONA Potential Express Car Wash Site

8106 E. Slauson AveMontebello, CA 90640

Edwin Voskanian | [email protected] | Lic. 01526505, 1293659, 01434190

8016 E. Slauson

INVESTMENT SUMMARY

Investment Overview

Regional Map

AREA OVERVIEW

Local Map

City Overview

County Overview

PROPERTY DESCRIPTION

Property Details

COMPARABLES

Sales Comparable Map

Sales Comparables

EXCLUSIVELY MARKETED BY :

Voskanian Investment Group

Edwin Voskanian818.303.9903

[email protected]

01526505, 1293659, 01434190

8016 E. Slauson, A Potential Express Car Wash Site

Investment Summary

8106 E. Slauson AveMontebello, California 90640

The information above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its accuracy. 3

$2,250,0000.00%

26,077 SF$86.28

26,077 Sq. Feet

Investment SummaryPriceOccupancyBuilding SizePrice per Square FootLand Area

Investment Highlights

The site is ideally suited for an express car wash - the city of Montebello●

allows the site to be developed into an express car wash, with a CUP. Sellermay grant buyer, sufficient time in escrow, to obtain a CUP. Please inquirewith listing broker.Approximately 69,000 VPD traffic count on the corner.●

The property is situated across from the 5 freeway entrance and exit.●

This potential express car wash site will be situated next to a 7-11●

convenience store with gas station, to be located on the corner parcel. The7-11 convenience store and gas station should be completed by early tomid-2019.

Investment DescriptionVoskanian Investment Group, Inc. is pleased to present land for sale inMontebello, Cailfornia - just 8 miles east of downtown Los Angeles. This26,077 square foot lot has street frontage on E. Slauson Avenue and is nearthe signalized intersection of E. Slauson and Telegraph Road. The propertyhas convenient access to the Santa Ana Freeway, the 605 Freeway, the 105Freeway, and the 710 Freeway.


Investment Summary



Regional Map


Area Overview



Local Map


Area Overview



Area OverviewCity Overview - MontebelloMontebello, with a population of over 63,000 people, is located in thesouthwestern area of the San Gabriel Valley - approximately 8 miles east ofdowntown Los Angeles. Montebello's central geography and abundantfreeway access is ideal for many businesses, especially the trucking industry.

Montebello is 20 driving minutes from the largest deep water port in theWestern United States, and fewer than 45 driving minutes from each of thethree major airports serving Southern California. The largest concentration ofrailroad yards and freight handling equipment outside of Chicago is locatedwithin 10 minutes of Montebello.

Southern California is the center for trade and exchange with both theAsian/Pacific region as well as the nearest foreign neighbor, Mexico. Throughthe Sister City Program, the City of Montebello has created ties with severalcities throughout the world and two of those Cities are Ashiya, Japan andEnsenada, Mexico. Through cultural exchange, the sharing of resources andpolitical cooperation, the City of Montebello has helped establish a thrivingcommunity for businesses tied to these regions.

County OverviewThe most heavily populated county in the country is Los Angeles County withapproximately 9.9 million people, including about 1 million that live inunincorporated areas of the county. The metropolis - formed by the six

neighboring counties of Los Angeles, Ventura, Kern, San Bernardino,Riverside, and Orange - is home to approximately 19 million residents. LosAngeles County is home to one of the most educated labor pools in thecountry and offers a labor force of more than 4.7 million, of which more than1.5 million are college graduates. Los Angeles County has the largestpopulation of any county in the nation, exceeded only by eight states.According to the United States Conference of Mayors, Los Angeles Countyboasts a GDP among the twenty largest in the world. Los Angeles County’scontinued economic growth, in contrast to other areas of the state and nation,is due to its diversified economy and abundant, well-trained workforce.

Los Angeles County is well located on the Southern Coast of the California,and covers 4,061 square miles, including the San Clemente and SantaCatalina islands. The County is comprised of approximately 88 vibrant anddiverse cities hosting more than 244,000 business establishments— thegreatest concentration in the state. Los Angeles County has a Gross DomesticProduct (GDP) of approximately $446 billion - placing it among the top 20economies in the world. The combined GDP of Los Angeles and its fivesurrounding neighboring counties places it in the top 10. California is generallyconsidered to be in the top five.

If Los Angeles County were its own nation, its economy would be the 18thlargest in the world. It is home to more than 244,000 businesses, with moreminority and women owned businesses than any other in the nation and is thenation’s top international trade center and manufacturing center. Los Angelesis recognized worldwide as a leader in entertainment, health sciences,business services, aerospace and international trade. Because the LosAngeles area is so large and diverse, it has something to offer to everyone.While Hollywood and the Los Angeles beach culture are part of our collectiveimage of Los Angeles, the city also has more museums than any other cityand some of the best hotels in the world are located in Los Angeles.

Over the years, Los Angeles County has developed a diverse economic base,supported by a number of Fortune 500 companies with headquarters in thearea, including Hilton Hotels, Walt Disney, Occidental Petroleum, DirecTVGroup, Northrop Grumman, Computer Sciences, KB Home, Health Net, Mattel,and Avery Dennison. Key factors positively impacting the region’s economicposition include increased local media production by the entertainmentindustry and a continuing expansion of import flows. Moreover, growth inaerospace, homeland security and in the private business sector havecontributed positively to the County's economy. Los Angeles' well educatedlabor pool, many universities, wonderful climate, and world class infrastructurewill enable Greater Los Angeles to continue to be a world leader in economicand cultural significance.


Area Overview



County HighlightsLos Angeles County is the world’s 18th largest economy.●

Los Angeles part of the "Tech Coast" and is regarded as the of the main●

entrepreneurial regions of the world. It has approximately 200,000 smallbusinesses, which is twice as many small businesses as can be found in anyother region of the United States.If Los Angeles' five county area were a state, it would be the fourth largest in●

the United States.Los Angeles has more than 80 stage theaters and 300 museums, more than●

any other U.S city.

Area Overview



Demographic & Income Profile-1 Mile


Area Overview





Area Overview





Area Overview





Area Overview





Area Overview





Area Overview



Traffic Count Map


Property Description



Site Plan





Proposed Paving Plan






OPTION A SLAUSON





OPTION B SLAUSON


Comparables



Sales Comparable Map


Comparables



Sales Comparables

Photos Address Sale PriceSale Date

CAPNOI

Total SF$/SF Year Built Days on Market Land Area

Number of Spaces

8106 E. Slauson AveMontebello, California90640

$2,250,000N/A

--

26,077 SF$86

- N/A26,077 SF-

-

4169 Whittier Blvd.Los Angeles, California90023

$1,795,00009/28/2017

--

22,573 SF$80

- 73422,573-

13210 Telegraph RoadSanta Fe Springs, California90670

$6,300,00006/19/2017

--

87,120 SF$72

- -87,120-

Notes Proposed use: Commercial/industrial/retail. Zoned SSC4*

3743 E. Florence Ave.Bell, California90201

$1,300,00002/08/2017

--

16,457 SF$79

- -16,457-

Notes Proposed use: commercial/retail. Zoned C3R, Bell


Comparables



Photos Address Sale PriceSale Date

CAPNOI

Total SF$/SF Year Built Days on Market Land Area

Number of Spaces

8129 Firestone BlvdDowney, California90241

$2,289,87605/04/2017

--

22,577 SF$101

- -22,577-

Notes Proposed use: retail/mixed use. Zoned DOC3* Sold at auction.

2141 E. Cesar Chavez AveLos Angeles, California90033

$1,175,00001/04/2018

--

14,100 SF$83

- 24014,100-

Notes proposed use: retail/office. Zoned LAC2.

11403 Whittier BlvdWhittier, California90601

$1,250,00001/01/2018

--

19,053 SF$66

- -19,053-

Averages $2,351,646 --

30,313 SF$80 - - 30,313 SF

-

CONFIDENTIALITY AND DISCLAIMER

The information contained in this Offering Memorandum (“Memorandum”) is proprietary and strictly confidential; it is intended to be reviewed only by the party receiving it from Broker and should not be made available to anyone else without the written consent of Broker. By retention or use of this Memorandum, you agree that its contents are confidential, that you will hold it in the strictest confidence, and that you will not disclose any of its contents contrary to these terms.

This Memorandum has been prepared to provide summary, unverified information to establish a preliminary level of interest in the subject property (“Property”). The information in this Memorandum has been obtained from sources Broker believes to be reliable; however, Broker has not conducted sufficient investigation to make any warranty or representation whatsoever including but not limited to the accuracy or completeness of the information, veracity or accuracy of the information, condition of the Property or its compliance or lack of compliance with applicable governmental requirements, developability, suitability or financial performance of the Property, income or expenses for the Property, the size and square footage of the Property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State or Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant or any tenant’s plans or intentions to continue occupancy of the Property. The Memorandum has selected information relating to the Property and does not purport to be an all - inclusive representation regarding the Property or to contain all or part of the information which prospective investors may require to evaluate the purchase of the Property. Additional information and an opportunity to investigate the Property will be made available to interested and qualified prospective purchasers. All information is based on assumptions relating to the general economy, market conditions, competition and other factors beyond the control of Broker, therefore, all information is subject to material variation. The information contained herein is not a substitute for a thorough due diligence investigation. Interested parties are expected to review all information of whatever nature independently and not rely on the contents of this Memorandum in any manner.

The Property owner (“Owner”) expressly reserves the right, at its sole discretion, to reject any or all offers to purchase the Property, and/or to terminate discussions at any time with or without notice. The Owner shall have no legal commitment or obligation unless and until written agreement(s) have been fully executed, delivered and approved by the Owner and any conditions to the Owner’s obligations therein have been satisfied or waived.

Exclusively Marketed By:

Voskanian Investment Group

Edwin Voskanian

818.303.9903

[email protected]

Lic. 01526505, 01293659, 01434190

Documents

8016 E. SLAUSON - LoopNet