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Lakewood Center Corner Retail Portfolio 3 Retail Properties in Lakewood, CA
Investment Highlights
- Institutional-Grade Tenant Lineup with Proven Performance
- Scale and Affluence Driving Consumer Power
- Prime Retail Corner at Clark Avenue and Candlewood Street
- Core of the Gateway Cities Economic Engine
- #1 Retail Destination in the Gateway Cities
Executive Summary
Northmarq is pleased to offer for sale to qualified investors the opportunity to purchase a collection of premier retail Properties located at Lakewood Center on the corner of Candlewood Street and Clark Avenue in Lakewood, California. The offering consists of a single parcel improved with three buildings totaling 19,401 square feet. The site features three single-tenant properties leased to Dave’s Hot Chicken, Black Angus Steakhouse, and Mountain View Tire, creating a strong mix of nationally recognized and category-leading tenants in quick-service dining, full-service dining, and auto service. Collectively, the Properties generate $795,195 of net operating income with a weighted average lease term of nearly five years, offering stable cash flow and embedded growth from a proven tenant roster. The offering is further anchored by an exceptional operating history, with multiple tenants maintaining long-term commitments and demonstrating consistent performance at the site.
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 19,401 SF |
| Number of Properties | 3 | Total Land Area | 2.28 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 19,401 SF |
| Total Land Area | 2.28 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Black Angus
5000 E Candlewood St, Lakewood, CA 90712 |
Retail | 10,800 SF | 1951 | - |
|
Mountain View Tire
5233 Clark Ave, Lakewood, CA 90712 |
Retail | 5,400 SF | 1951 | - |
|
Dave's Hot Chicken
5247 Clark Ave, Lakewood, CA 90712 |
Retail | 3,201 SF | 1951 | - |
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Lakewood Center Corner Retail Portfolio
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