Atlantic & Imperial Plaza 3 Retail Properties Offered at $18,150,000 in Lynwood, CA

Newmark Retail Capital Markets is pleased to present the opportunity to acquire Atlantic Crossing, a 39,146 square foot, 100% occupied, Walgreens-anchored retail center located in the exceptionally dense community of Lynwood, California within Los Angeles County. The necessity-based center is strategically positioned at the signalized intersection of Imperial Highway (32,000 CPD) and Atlantic Avenue (26,000 CPD), less than one-half mile from the Long Beach (710) Freeway, providing outstanding regional accessibility and visibility.
Atlantic Crossing benefits from exposure to a massive and established trade area, with nearly one million residents within a five-mile radius and a daytime population exceeding 275,000. The property’s location and tenant mix are ideally suited to serve daily consumer needs in one of Southern California’s most supply-constrained retail markets.
The center features a high-quality, nationally recognized tenant roster with a weighted average tenure exceeding 16 years, underscoring strong historical performance and tenant commitment. Nearly 60% of the tenancy consists of first-generation occupants, including Walgreens, Starbucks, Subway, and Panda Express. Additional national and credit tenants include PNC Bank, Fiesta Auto Insurance, and AltaMed Health Services while newly added La Carniceria Meat Market adds a layer of grocery service so vital in today’s retail experience. With approximately five years of weighted average lease term remaining, Atlantic Crossing offers insulation from near-term rollover risk and capital expenditure exposure.
According to Placer.ai, Atlantic Crossing’s visitation ranks in the 83rd percentile nationally among comparable retail centers, supported by adjacency to a top-performing El Super grocery store. This El Super location attracts over one million customers annually, ranks in the 73rd percentile of traffic within its chain, and is estimated to generate over $35 million in annual sales. Individual tenants at Atlantic Crossing also demonstrate strong relative performance, with Starbucks ranking in the 83rd percentile, Panda Express in the 73rd percentile, and PNC Bank in the 89th percentile within their respective chains in California.
Further enhancing demand drivers, Atlantic Crossing is located within one mile of St. Francis Medical Center, one of the largest acute care hospitals in Southeast Los Angeles. The hospital comprises 384 beds, employs over 2,000 people, and serves more than 84,000 patients annually, providing a consistent source of daytime traffic and economic stability.
At the intersection of irreplaceable location, exceptional density, strong accessibility, and durable necessity-based tenancy, Atlantic Crossing represents a compelling opportunity to acquire a stabilized retail asset positioned for long-term income durability and value preservation.
Deal Page: https://platform.reverecre.com/project/f5d47c1e-7937-485d-a35f-b4fc30fff51a