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13528-13542 Lakewood Blvd 7,303 SF 68% Leased Retail Building Bellflower, CA 90706 $4,400,000 ($602.49/SF) 6.12% Cap Rate
Investment Highlights
- +/-7,423 SF Freestanding Retail Building
- Ample Parking
- Long Term Tenants
- 85% Occupied
- Highly Visible Corner Location
- OM Available With Signed CA
Executive Summary
Situated in Bellflower, 13528-13542 Lakewood Blvd is a one-story +/-7,423 square foot freestanding retail building with approximately 1,080 square feet of space currently available for lease. Tenants benefit from a parking ratio of 3.75/1,000 SF and enjoy a highly visible corner location. The location offers excellent access to the (105) Freeway and is within close distance of multiple bus lines and the Metro C Line provide convenient public transportation options. The local amenities, including an array of restaurants, coffee shops, and retail shops, make this a well-rounded destination for tenants seeking a vibrant, accessible commercial location. The area has a 81 walk score. Full offering memorandum available with signed confidentiality agreement.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
7,303 SF
Building Class
B
Year Built
2003
Price
$4,400,000
Price Per SF
$602.49
Cap Rate
6.12%
NOI
$269,425
Percent Leased
68%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
10’
Building FAR
0.36
Lot Size
0.46 AC
Zoning
M1*
Frontage
159’ on Lakewood Blvd
Amenities
- Corner Lot
- Signage
- Signalized Intersection
- Wheelchair Accessible
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 13536
- 1,268 SF
- Retail
- -
- Now
Broker of Record David Harrington License # 01320460, 02168060 (CA) Matthews Real Estate Investment Services, Inc 2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245 (866) 889-0550
| Space | Size | Space Use | Position | Available |
| 13536 | 1,268 SF | Retail | - | Now |
| 13542 | 1,080 SF | Retail | - | Now |
13536
| Size |
| 1,268 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
13542
| Size |
| 1,080 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
13542
| Size | 1,080 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Broker of Record David Harrington License # 01320460, 02168060 (CA) Matthews Real Estate Investment Services, Inc 2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245 (866) 889-0550
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 6262-008-033 | Improvements Assessment | $1,124,909 |
| Land Assessment | $516,800 | Total Assessment | $1,641,709 |
Property Taxes
Parcel Number
6262-008-033
Land Assessment
$516,800
Improvements Assessment
$1,124,909
Total Assessment
$1,641,709
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