Current Retail Rents for Buildings / Spaces: Pico Rivera / Montebello – Commercial Real Estate Rent Comparables
Mid Counties of Los Angeles County: Pico Rivera / Montebello / Downey and Whittier – Commercial Real Estate Rent Comparables
https://plus.google.com/114475168364459929553/posts/NkKyozqzc4A
A Commercial Real Estate Appraiser in Los Angeles County just completed a Fair Market Rent Study Real Estate Appraisal for Specific Uses: Bank / Party Supply and Nail Salon.
Below are his findings of Actual Leased / Signed transactions in the Mid Counties submarket. The Most Up to Date Lease Comparables, Rents that Tenants are paying to Landlords / Owners, per month + Additional NNN expenses, apx.:
Base Rent Paid: Low to Mid $1.00 / sf up to Mid to Upper $1.00 / sf.Additional Triple Net Expenses: $0 up to $.50 / sf.
Bio / Background / Qualifications of Commercial Real Property Appraiser:
37+ Years of Commercial Real Estate Advisory and Industrial Real Estate Consulting Services:
Designated MAI – Member of the Appraisal Institute and also State Certified / Licensed Real Estate Appraiser in Los Angeles, providing Real Estate Evaluations for Internal Underwriting, Asset Monitoring and Decision Making / Real Property Appraisal reports for both Commercial Properties and Industrial Property Valuation.
A Real Property Appraiser, he also closely works with: Real Estate Attorneys, CPA’s / Accountants, High Net Worth Financial Advisors, Real Estate Agents / Real Estate Brokers, Loan / Mortgage Brokers, Nationwide Financial Institutions / Lenders / Banks, Private Money / Hard Money Lenders, Property Managers, Developers and also with specialty Appraisers: Business / Goodwill Valuation, Discounts of Corporate Partnerships and Fractional Interests.
Providing Real Estate Succession Planning for Heirs and Beneficiaries: Estates, Trusts and Probate, Gift Tax / Inheritance IRS reporting and documentation purposes, Transfer of Ownership and Partnership Shares. Current Dates of Value and also Retrospective Dates of Death Fair Market Value and additionally Fair Market Rent Values. Divorce and Partner Buy Out / Separation, Bankruptcy / Reorganization.
For Clients also providing: Highest and Best Use Studies, Fair Market Value Sale Price, Fair Market Rent Lease Rate, Sell Out / Lease Out Absorption Marketing Periods. Local Submarket Expert Opinion Surveys: General Market Conditions for Sales Activity vs Leasing Activity – Flat vs. Increasing vs. Decreasing and also Trends and Conditions Forecast Outlook for State of the Real Estate Market.
Other Real Estate Appraisal Purposes: For Sellers and Buyers Selling or Buying Real Estate, Providing Market Level Sale Pricing and for Tenants and Landlords Leasing / Renting Buildings / Spaces / Units / Suites, Resetting Market Level Lease Rates to Negotiate New or Existing Lease Contracts of soon to Expire Lease Agreements related to Lease Options, Extensions and Expansions.
All Real Estate Types: Retail, Industrial, Office, Medical, Multi-Family Apartments, Vacant Land and 4+ Units / Income Producing Residential Property Types. Throughout 6 Counties of Southern California: Los Angeles, Ventura, Orange, Riverside, San Bernardino and San Diego.