13560 San Antonio Dr - Storefront FOR SALE


Norwalk, CA 90650
$2,946,410 USD
818-823-0832
13560 San Antonio Dr, Norwalk, CA for Sale
$2,946,410 USD
Storefront - FOR SALE
1/5
null | 5.15% Cap Rate

13560 San Antonio Dr
Norwalk, CA 90650


HIGHLIGHTS

  • Prime Retail Multi-tenant Strip Center Opportunity: Located on signalized hard corner intersection of San Antonio Drive & Foster Road (30,694VPD)
  • In between I-5 & I-605 (507,846 VPD), multiple consumer destinations including Norwalk Town Square, Norwalk Shopping Center and Alondra Square
  • Ample Parking & Efficient Layout: 59 surface parking spaces on a 36,642 SF lot, supporting convenience-based shopping.
  • 85% of Tenants on MTM Leases / Variety of Investment Strategies: Rare value-add opportunity for investors to reposition the property
  • Dense Trade Area: Average household income of $114,873 and over 632,000 residents in a 5-mile radius

OVERVIEW

The Ovaness-Rostamian Group of Marcus & Millichap is pleased to present Heritage Park, a strategically located multi-tenant strip center in the heart of Norwalk, California. Positioned at the signalized intersection of San Antonio Drive and Foster Road (30,694 Combined VPD), the property benefits from exceptional visibility, multiple access points, and proximity to Interstate 5 and Interstate 605 (507,846 Combined VPD). San Antonio Drive, one of Norwalk’s primary arterial roads, delivers strong daily traffic counts, making this a high-exposure retail location. Heritage Park consists of approximately 9,946 square feet of rentable building area on a 36,642-square-foot lot, with 59 dedicated parking spaces. The center is currently 85% occupied by tenants on month-to-month leases, presenting a rare value-add opportunity for investors to reposition the property by bringing rents to market or pursuing an owner-user strategy with potential SBA financing. Citi Bank anchors the center with a long-term lease featuring annual 3% rent increases, offering a stable income stream and a hedge against inflation. The property enjoys proximity to major shopping destinations, including Norwalk Town Square (233,000 SF), Norwalk Shopping Center (217,159 SF), and Alondra Square (45,150 SF). Additionally, the immediate trade area is supported by a robust mix of national credit tenants such as Target, Lowe’s, Northgate Market, McDonald’s, Chick-fil-A and more, further driving consumer traffic and demand. Along with the retail and industrial synergies around the site the surrounding demographics are strong, with a 5-mile population exceeding 632,000 residents and an average household income of $114,873, underscoring the site's long-term growth potential and attractive retail fundamentals.

FOR SALE DETAILS

PRICE

$2,946,410 USD

PRICE/SF

$296 USD /SF

CAP RATE

5.15%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

59

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

36,155 SF

ZONING

SP3-SP4-C3, Norwalk

APN/PARCEL ID

8056-016-016

ASK ABOUT THIS PROPERTY

Ara RostamianMarcus & MillichapMore Info
818-823-0832

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Ara RostamianMarcus & MillichapMore Info
818-823-0832

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