11300 Firestone Blvd
Norwalk, CA 90650
Norwalk Center · Retail Property For Sale

Northmarq is pleased to offer for sale to qualified investors the opportunity to acquire a fee simple interest in Norwalk Center, a 66,220-square-foot grocery-anchored retail center located in Norwalk, California (the “Property”). Anchored by Stater Bros. Markets since 1983, the Property is 98.2 percent leased to a diverse mix of daily-needs, service, and lifestyle tenants that collectively generate more than $1.45 million in annual base rent. With Stater Bros. occupying 44,628 square feet under a long-term lease through 2034, followed by four five-year renewal options featuring 10 percent rental increases, the Property offers investors stable, credit-backed income with embedded growth that secures the asset for decades to come.
The Property enjoys a premier corner location at Firestone Boulevard and Imperial Highway, two of the Gateway Cities’ most heavily trafficked arterials with combined daily traffic counts exceeding 72,000 vehicles. This prominent positioning delivers exceptional visibility, dual-arterial access, and immediate connectivity to Interstate 605, driving consistent consumer traffic from both local residents and regional commuters. The surrounding trade area is home to more than 629,000 residents within five miles, with average household incomes projected to exceed $137,000 by 2029, underscoring the scale and affluence of the consumer base.
Norwalk Center sits at the heart of the Gateway Cities region, a strategically vital corridor linking Downtown Los Angeles and the Ports of Los Angeles and Long Beach. As the second largest city in the nation and the busiest container complex in the United States, these dual economic engines create powerful demand drivers that sustain retail activity across the Mid-Cities submarket. At the same time, the submarket has contracted by more than 160,000 square feet of retail supply over the past five years, reinforcing its supply-constrained nature. Coupled with ongoing urban reinvestment and transformative mixed-use developments such as The Walk, Norwalk Center is positioned to benefit from long-term tenant demand, resilient fundamentals, and enduring investor appeal.