Press Release brought to you by Lee & Associates
Lee & Associates' John Son Facilitates Sale of 2-Parcel Retail/Residential Lot in Mid-Cities
John Son of the Lee & Associates – Orange office has facilitated the dual-parcel sale of a 6,262 square foot retail building and an 850 square foot residential building. His client, Orion Properties Inc., sold the spaces to the SMBC Property #2, LLC for approximately $1,280,000.
Located at 9511 Firestone Blvd, the corner-lot retail building features major street frontage along the busiest retail street in Downey, seeing approximately 41,150 cars per day. The residential property is located on the lot behind the retail site at 11104 Pangborn Avenue. The property is zoned as a Parking Buffer and designated for Medium Density Residential use under the city’s General Plan.
Lee & Associates Commercial Real Estate Services, Inc., is one of the largest national commercial real estate service providers with regional expertise.
LEE & ASSOCIATES COMMERCIAL REAL ESTATE SERVICES, INC. - ORANGE
John Son, Principal
09/11/2014 - 09:00