$1,960,000
$2,150,000
8.8%For more information regarding the value of a property, please contact us for a free consultation.
5112 E Imperial Lynwood, CA 90262
8,437 Sqft Lot
Key Details
Sold Price $1,960,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW24125792
Year Built 1931
Lot Size 8,437 Sqft
Property Description
MAJOR CASH FLOW!
11% Cap Rate
This is a Sale Lease Back to Catalyst Cannabis Co.
Catalyst Cannabis Co. has 27 stores open and operating.
Catalyst Cannabis Co. to rent back the property from Buyer for $20,000 Gross a month.
After construction the square footage of the structure will be approximately 2,929 square feet.
Licensed by the City of Lynwood & State of California for a cannabis retail store and should be able to complete construction in late July/August.
Location
State CA
County Los Angeles
Area Rm - Lynwood
Interior
Laundry None
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Other
Others
Special Listing Condition Standard
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Bought with NONE NONE • None MRML