16230 Paramount Blvd
Paramount, CA 90723
Paramount Town Center East · Retail Property For Sale

Ross Dress for Less Anchored Shopping Center: - Ross Dress For Less (NASDAQ: ROST; S&P: A-) is the largest off-price apparel and home fashion chain in the United States with 1,500 locations - Represents 49% of the current tenancy - Tenant since 2011 93% Occupied by National/Regional Credit Tenants: Including Ross Dress for Less, H&R Block, IHOP, La Michoacana Premium, WIC, Select Staffing, Sprint, and Wells Fargo 100% Occupied; Long-Term Historical Tenancy: 80% of the current tenants have operated at the center since at least 2012 Recent New Leases/Lease Renewals: 96% of the shop tenants have signed a new lease or extended their leases since 2016, including IHOP, which recently executed a 10-year lease Breakup Play; Separately Parceled: Ross Dress for Less, IHOP/Wells Fargo pad building, and the inline shops building are all on separate parcels providing the ability to sell them as individual investment offerings Located on Paramount Boulevard; Directly Across from Northgate Market: Located on Paramount Boulevard, one of the primary retail thoroughfares in Paramount Easily Accessible from the 91, 105, 605, and 710 Freeways Extremely Dense, Infill Los Angeles Location with Approximately 765,000 People within 5 Miles; $77,000 Average Household Income 73% Hispanic Population within 5 Miles