11802-11820 Centralia St - Retail FOR SALE


Lakewood, CA 90715
$7,500,000 USD
213-855-6055
11802-11820 Centralia St, Lakewood, CA for Sale
$7,500,000 USD
Retail - FOR SALE
1/10
null | Request Cap Rate

11802-11820 Centralia St
Lakewood, CA 90715


HIGHLIGHTS

  • Located along Pioneer Boulevard with 198 feet of frontage for strong visibility.
  • Zoned LKC3, allowing for a wide range of commercial uses.
  • Provides 83 surface parking spaces, enhancing customer convenience.
  • Situated in a walkable and bike-friendly area with access to public transportation.
  • Surrounded by established retailers and dense residential neighborhoods.

OVERVIEW

Lakewood Plaza presents an investment opportunity in a fully leased retail center located in Lakewood, California. The property spans approximately 18,000 square feet on a 1.48-acre parcel. Built in 1979, the single-story building offers a functional layout with a building FAR of 0.28 and a slab-to-slab height of 10 feet. The site benefits from 198 feet of frontage along Pioneer Boulevard and includes 83 surface parking spaces, equating to 4.33 spaces per 1,000 square feet leased. Zoned LKC3 for unlimited commercial use, the property accommodates a wide range of retail tenants. Positioned in a highly accessible area with strong walkability and bike scores, the center is supported by nearby major retailers and public transit access. This asset offers long-term value through its established tenancy, ample parking, and location within a dense suburban trade area. Investors seeking a stabilized retail property with consistent cash flow and future appreciation potential will find Lakewood Plaza an attractive acquisition.

FOR SALE DETAILS

PRICE

$7,500,000 USD

PRICE/SF

$417 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lakewood - Rico Plaza

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

83

LAND DETAILS

LAND ACRES

1.48 AC

LAND SF

64,469 SF

ZONING

LKC3

APN/PARCEL ID

7065-004-037

ASK ABOUT THIS PROPERTY

Anny ShinDream EREMore Info
213-855-6055

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Anny ShinDream EREMore Info
213-855-6055

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.