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11750 Whittier Blvd 34,642 SF Retail Building Whittier, CA 90601 $16,385,000 ($472.98/SF) 5% Cap Rate
Investment Highlights
- Heavy Traffic on whittier Blvd
- Ample dedicated + shared parking
- Fully upgraded 34,642 SF building
Executive Summary
Attractive 5.00% stabilized cap rate with immediate, predictable cash flow — Delivers $819,283 in current annual NOI (Fixed Minimum Rent) on a $16.385M asking price, with 100% NNN lease structure that shifts all taxes, insurance, utilities, and maintenance to the tenant for truly passive income.
Creditworthy master tenant and long-term lease security — Master-leased to established regional grocery operator Cardenas Markets (57+ stores across CA, AZ, NV with strong credit), plus a stable subtenant (Victory Outreach Church). Primary term runs through June 2035 (~9.2 years remaining) with multiple extension options through 2055.
Built-in rental growth — Locked-in 10% rent increases every 5 years, taking NOI to $901k (Years 11-15), $968k (Years 16-20), and higher thereafter — creating clear upside and inflation protection without additional landlord effort.
Prime high-visibility infill location in a growing market — Excellent traffic counts on Whittier Boulevard in dense Los Angeles County, surrounded by strong demographics (2025 avg. household income $112k–$129k within 1–5 miles) and new residential/commercial development (including The Groves planned community).
Creditworthy master tenant and long-term lease security — Master-leased to established regional grocery operator Cardenas Markets (57+ stores across CA, AZ, NV with strong credit), plus a stable subtenant (Victory Outreach Church). Primary term runs through June 2035 (~9.2 years remaining) with multiple extension options through 2055.
Built-in rental growth — Locked-in 10% rent increases every 5 years, taking NOI to $901k (Years 11-15), $968k (Years 16-20), and higher thereafter — creating clear upside and inflation protection without additional landlord effort.
Prime high-visibility infill location in a growing market — Excellent traffic counts on Whittier Boulevard in dense Los Angeles County, surrounded by strong demographics (2025 avg. household income $112k–$129k within 1–5 miles) and new residential/commercial development (including The Groves planned community).
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Supermarket
Building Size
34,642 SF
Building Class
B
Year Built/Renovated
1969/2020
Price
$16,385,000
Price Per SF
$472.98
Cap Rate
5%
NOI
$819,283
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
3.26 AC
Zoning
C3-PP - This district is specifically intended for a wide range of commercial and service-oriented activities. Grocery stores, retail, and commercial uses.
Frontage
270’ on Whittier Blvd
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 8171-038-032 | Improvements Assessment | $1,040,400 |
| Land Assessment | $14,825,700 | Total Assessment | $15,866,100 |
Property Taxes
Parcel Number
8171-038-032
Land Assessment
$14,825,700
Improvements Assessment
$1,040,400
Total Assessment
$15,866,100
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11750 Whittier Blvd