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Lakewood Shops Net Lease Portfolio 3 Retail Properties Offered at $16,265,516 in Lakewood, CA
Investment Highlights
- Institutional-Grade Tenant Lineup with Proven Performance
- Core of the Gateway Cities Economic Engine
- #1 Retail Destination in the Gateway Cities
- Future Subdivision Potential
- Scale and Affluence Driving Consumer Power
- Prime Retail Visibility Along 78,000+ VPD Corridor
Executive Summary
Northmarq is pleased to offer for sale to qualified investors the opportunity to purchase a collection of premier net-leased retail Properties located at Lakewood Center along
Candlewood Street in Lakewood, California. The offering consists of a single parcel improved with three buildings totaling 15,403 square feet. The site features two single tenant buildings leased to Chick-fil-a and Chili's, as well as one multi-tenant building that includes Cava, Jimmy John's, and Jamba Juice, creating a diverse mix of nationally recognized tenants across both single-tenant and multi-tenant formats. Collectively, the Properties generate $772,612 in net operating income with a weighted average lease term of six years, offering stable cash flow and embedded growth from a best-in-class tenant roster. The offering is further anchored by an exceptional operating history having a weighted average 18 years of continuous operations with exercised renewal options, underscoring both long-term commitment and proven performance.
Candlewood Street in Lakewood, California. The offering consists of a single parcel improved with three buildings totaling 15,403 square feet. The site features two single tenant buildings leased to Chick-fil-a and Chili's, as well as one multi-tenant building that includes Cava, Jimmy John's, and Jamba Juice, creating a diverse mix of nationally recognized tenants across both single-tenant and multi-tenant formats. Collectively, the Properties generate $772,612 in net operating income with a weighted average lease term of six years, offering stable cash flow and embedded growth from a best-in-class tenant roster. The offering is further anchored by an exceptional operating history having a weighted average 18 years of continuous operations with exercised renewal options, underscoring both long-term commitment and proven performance.
Property Facts
| Price | $16,265,516 | Number of Properties | 3 |
| Price / SF | $1,056 / SF | Individually For Sale | 0 |
| Cap Rate | 4.75% | Total Building Size | 15,403 SF |
| Sale Type | Investment NNN | Total Land Area | 3.33 AC |
| Status | Active |
| Price | $16,265,516 |
| Price / SF | $1,056 / SF |
| Cap Rate | 4.75% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 15,403 SF |
| Total Land Area | 3.33 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 4931 Candlewood St, Lakewood, CA 90712 | Retail | 6,000 SF | 1191 | - |
| 4993-5001 Candlewood St, Lakewood, CA 90712 | Retail | 5,252 SF | 1991 | - |
| 4895 Candlewood St, Lakewood, CA 90712 | Retail | 4,151 SF | 2012 | - |
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Lakewood Shops Net Lease Portfolio
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