This Retail Property is Off-Market.

11825 Whittier Blvd.
Whittier, CA 90601 ·

168,263 SF · Retail For Sale

N/A

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Whittier Marketplace

Price N/A Commission Split 1%
Gross Leasable Area 168,263 SF No. Stories 1
Property Type Retail Year Built 1992
Property Sub-type Community Center Lot Size 14.90 AC
Property Use Type Vacant/Owner-User APN / Parcel ID 8140-007-059
Listing ID: 14855535 Date Created: 10/25/2006 Last Updated: 05/03/2007

Description

Submit Offer -- Ralph's/CVS anchored community retail center - 168,263 square feet of GLA - Currently 100% occupied. "Pride of Ownership" asset - boasts solid and stable cash flow with over 62% of the center representing national/regional tenants. Built in 1992, the Property consists of 7 buildings including 5 out parcel pads. The property presents an investor the unique opportunity to purchase a grocery-anchored retail center with five out-parcel pads. The property has strong access with a total of 8 driveways, two by which are signalized intersections. The property is beautifully landscaped and well maintained. A monument sign and recently updated tenant signage provides excellent visibility.

Located at the corner of Whittier Blvd. and Hadley Street in the city of Whittier in Los Angeles County. The Property fronts Whittier Blvd and is bound by Hadley St. and Philadelphia St. Both Hadley and Philadelphia are direct routes for the upscale, Uptown Whittier and Downtown Whittier trade area. The intersection of Whittier and Hadley boast traffic counts of approx. 34,850 cars per day. Whittier Blvd is a major commuter thoroughfare to the 605 Freeway which is approximately 1.5 miles to the west of the property. The densely populated trade area consists of approx. 170,000 people living within a 3-mile radius and approx. 456,000 people within a 5-mile radius. Average household income is approximately $65,000 within a 3-mile radius. The subject property also benefits from the traffic produced from its close proximity to Whittier High School which is situated behind the property.

Highlights

  • 62% of Cash Flow Derived From Nat/Reg Tenants
  • Strong Upside Potential - Rents Below Market
  • 100% Occupancy -- New Financing Available
  • Dense Infill Location - High Traffic - 34,850 AADT
  • Strong Sales For Both Ralph's and CVS
  • Developed in 1992 by Current Ownership

Research

11825 Whittier Blvd., Whittier, CA 90601 (Los Angeles County)

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