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38-40 Centerpointe Dr
La Palma, CA 90623
CONCENTRA & FLAME BROILER · Retail Property For Sale
Investment Highlights
- HIGH-TRAFFIC LOCATION – Positioned along Orangethorpe Avenue, the property benefits from exceptional visibility with over 23,000 vehicles per day.
- TENANT STABILITY – Concentra has been at the plaza since 2013 and is currently in their first option period, while Flame Broiler has been since 2008.
- SURROUNDED BY MAJOR RETAILERS – Located in a high-demand retail trade area, the property is adjacent to premier national brands.
- AFFLUENT CONSUMER BASE – The area boasts a strong population, with over 597,000 people in a 5-mile radius.
- STRONG TENANCY – Anchored by Concentra Urgent Care, an investment- grade tenant backed by Concentra Group Holdings Parent Inc.
- HANDS OFF INVESTMENT – The property operates under an NNN lease structure, with expenses reimbursed to the landlord.
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,010 SF
Building Class
B
Year Built/Renovated
1986/2013
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
1.27 AC
Zoning
C2 - Commercial Business
Parking
67 Spaces (6.69 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 276-081-36 | Improvements Assessment | $3,346,789 |
| Land Assessment | $2,140,310 | Total Assessment | $5,487,099 |
Property Taxes
Parcel Number
276-081-36
Land Assessment
$2,140,310
Improvements Assessment
$3,346,789
Total Assessment
$5,487,099
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