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Boulevard, Temple City, CA 91780
$1,250,000
Boulevard, Temple City, CA 91780View this property at Boulevard, Temple City, CA 91780
BoulevardTemple CityCA91780
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Property Description
This is an exceptional opportunity to acquire a well-established supermarket situated in a prime location. This standalone building spans 9,600 square feet on a 14,854 square foot lot, providing ample space for operations and customer convenience. The monthly rent is only $11,350, secured until 2030 with options for extension, and the annual increase is just $350, ensuring manageable future costs. The supermarket employs 20 staff members, including 15 full-time and 8 part-time employees, ensuring smooth daily operations. The business has shown consistent annual revenues between $5.5 million and $6 million, reflecting strong market demand and profitability. The current owner took over the business in 2021, and all financial records are available for review. This is an attractive investment opportunity for those looking to expand their business portfolio with a well-established and profitable supermarket.
Full Property Details
Full Property Details for Blvd
General
- Price: $1,250,000
- Status: Active
- Type: Business
- Source: MRMLS
- MLS ID: AR24142709
- Updated: 8/9/2024
- Days on Market: 59 days
- Added to Site: 59 day(s) ago
Business
- Business Type: Convenience Store, Grocery, Other, Retail
- Year Established: 2021
Location
- County: Los Angeles
- Driving Directions: Temple City Blvd
Listed by CBD Investment Inc T.C., SitongLiu
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Price & Sales History for Blvd
Date
Details
Price
Change
Source
8/09/2024
Price Reduced
$1,250,000
-16.67%
MLS
7/11/2024
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for Blvd
Boulevard, Temple City, CA 91780 (MLS# AR24142709) is a Business property. Boulevard is currently listed for $1,250,000 and was received on July 11, 2024. Want to learn more about Boulevard? Do you have questions about finding other Business real estate for sale in Temple City? You can browse all Temple City real estate or contact a Coldwell Banker agent to request more information.