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SRS Real Estate Partners Brokers $11.35 Million Sale Of Retail Property In Huntington Park

Property Image
SOLD
$11,350,000
John Redfield
Joseph (Joe) Chichester
Kyle Zimmer

California

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Retail28,000 SF
Sold
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Property Image
SOLD

SRS Real Estate Partners Brokers $11.35 Million Sale Of Retail Property In Huntington Park

3111 East Florence Avenue

See Similar Deals
Retail28,000 SF
Sold
John Redfield
Joseph (Joe) Chichester
Kyle Zimmer
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$405
Total Square Footage:28000 SF
Transaction Type:Sale

The transaction involves the sale of a retail property at 3111 East Florence Avenue in Huntington Park, California, with a sale price of $11,350,000. This 28,000-square-foot asset is situated on 1.37 acres and is leased to Smart & Final. The property was built in 2018 and is characterized by rooftop parking and long-term lease stability. The transaction reflects a cap rate of 5.8%.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $11,350,000
  • Square Footage: 28,000
  • Cap Rate: 5.8%
  • Address: 3111 East Florence Avenue
  • Market: Huntington Park
  • Acres: 1.37

The deal was brokered by Joe Chichester, John Redfield, and Kyle Zimmer of SRS Real Estate Partners. They were involved in executing the transaction for the retail property, indicating a strategic investment in a densely populated retail corridor.

Players

Joseph (Joe) Chichester
SRS Real Estate Partners
Joseph Chichester
7 deals$92.9M volume(949) 258-7869
BROKER
John Redfield
SRS Real Estate Partners
John Redfield
13 deals$557.8M volume
BROKER
Kyle Zimmer
SRS Real Estate Partners
Kyle Zimmer
1 deal$11.4M volume(949) 270-8221
BROKER
SRS Real Estate Partners
SRS Real Estate Partners
BUYER

Details

SOLD
IMAGE: Joe Chichester, John Redfield & Kyle Zimmer DATE: 03/06/2026 ADDRESS: 3111 East Florence Avenue MARKET: Huntington Park ASSET TYPE: Retail ~ ACRES: 1.37 BROKERS: Joe Chichester, John Redfield & Kyle Zimmer - SRS Real Estate Partners (@SRSRealEstatePartners) SALE PRICE: $11,350,000 SF: 28,000 ~ PPSF: $405 NOTE: SRS Real Estate Partners completed the $11.35 million purchase of a 28,000-square-foot retail property leased to Smart & Final at 3111 E Florence Ave. in Huntington Park, California, at a 5.8% cap rate.The 2018-built infill asset, brokered by Joe Chichester, John Redfield and Kyle Zimmer of SRS Capital Markets, features rooftop parking and long-term lease stability in a densely populated retail corridor.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$605,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$40,324.16
Cash-on-Cash Return-1.27%
Monthly Debt Service$53,804.79
Annual Debt Service$645,657.49