17640-17648 Bellflower Blvd - Retail FOR SALE


Bellflower, CA 90706
$12,191,293 USD
818-823-0832
17640-17648 Bellflower Blvd, Bellflower, CA for Sale
$12,191,293 USD
Retail - FOR SALE
1/9
null | Request Cap Rate

17640-17648 Bellflower Blvd
Bellflower, CA 90706


HIGHLIGHTS

  • 2024-built Starbucks & Chipotle drive-thru anchored center with strong visibility, signage, access, and abundant parking.
  • NNN leases throughout the center minimize landlord responsibilities, with tenants covering most operating expenses.
  • The propInternet-resistant tenant mix includes Starbucks, Chipotle, Firehouse Subs, Wing Zone, and Cassidy's Corner.erty features abundant parking.
  • Lease-up of remaining vacancies offers upside potential and projected cap rate growth exceeding 6.27%.
  • Surrounded by new development including In-N-Out, Dutch Bros, Habit Burger, 7-Eleven, EV charging, and more.
  • Prime Bellflower Blvd location with 27,000+ CPD, near CA-91 Freeway, plus 680,000+ residents within 5 miles. Provide your feedback on BizChat

OVERVIEW

The Ovaness-Rostamian Group of Marcus & Millichap is pleased to present a newly constructed Starbucks and Chipotle Drive-Thru anchored multi-tenant retail center located along one of Bellflower's fastest-growing commercial corridors. Completed in 2024, the property offers excellent visibility, prominent signage, and convenient access, making it a premier destination for daily consumer traffic. The center features a Starbucks Drive-Thru with an 11-car stacking lane and a newly built Chipotle Drive-Thru with outdoor seating. The property is currently leased to a roster of internet-resistant, necessity-based quick-service restaurant tenants, including Starbucks, Chipotle, Wing Zone, Firehouse Subs, and Cassidy's Corner. Existing tenants operate under NNN leases, providing minimal landlord responsibilities and stable cash flow. Currently 60% occupied, the property offers significant value-add potential through the lease-up of the remaining vacant space. Ownership is providing an attractive rent credit, creating a clear path to increased income and a projected cap rate exceeding 6.27% upon stabilization. Located at a signalized intersection on Bellflower Boulevard with exposure to more than 27,000 vehicles per day and direct access to the CA-91 Freeway, the center benefits from exceptional visibility and accessibility. The surrounding corridor continues to experience substantial growth, with new developments and incoming retailers including In-N-Out Burger, Dutch Bros, Habit Burger, 7-Eleven with gas, and EV charging stations expected to further increase traffic and consumer demand. Supported by more than 680,000 residents within a five-mile radius and average household incomes exceeding $115,000, this offering presents a compelling opportunity to acquire a high-quality retail asset with both stable in-place income and meaningful upside potential.

FOR SALE DETAILS

PRICE

$12,191,293 USD

PRICE/SF

$1,393 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

BelleFleur Centre Starbucks Chipotle w Upside

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

61

LAND DETAILS

LAND ACRES

1.73 AC

LAND SF

75,358 SF

ZONING

CG

APN/PARCEL ID

7161-013-100,7161-013-905

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 Notice.