4821 Del Amo Blvd - Freestanding FOR SALE


Lakewood, CA 90712
$50,690,000 USD
949-221-1821
4821 Del Amo Blvd, Lakewood, CA for Sale
$50,690,000 USD
Freestanding - FOR SALE
1/9
null | 6.25% Cap Rate

4821 Del Amo Blvd
Lakewood, CA 90712


HIGHLIGHTS

  • Burlington- Recently agreed to 10 year Lease extension with Store Upgrades Planned- $18.6Billion Market Cap – Jan 2026
  • 24 Hour Fitness- Executed a 10 year lease extension with a major club remodel planned- $1.3Billion Revenue
  • Bank of America- A+ Rated- Large branch Deposits- Over 55 year Historical Occupancy
  • Part of Lakewood Center- #1 Visited Center in CA – over 22 Million annual Visitors – AHHI - $188K, 2.4M population w/ in 10 miles
  • Shadow anchored by Top Performing US Retailers – Costco / Target along w/ Top Sales QSR concepts- Chick Fila A, Raising Canes, Panera Bread, Starbucks
  • Lakewood Center is bounded by 4 major throughfares w/ over 112,000 VPD- Lakewood Blvd/ Del Amo Blvd, Candlewood St , Clark Ave

OVERVIEW

Faris Lee Investments is pleased to offer the rare opportunity to acquire a Burlington / Bank of America / 24 Hour Fitness anchored offering in the most trafficked center in California with over 22 Million annual visitors – Lakewood Center. The center enjoys a co-tenant lineup with exceptional sales which includes Costco, Target, Home Depot, Albertsons, Best Buy, as well as out parcels with Chick-fil-A, Starbucks, Wells Fargo, Dave’s Hot Chicken to name a few. The center is situated on a full city block within four major signalized intersections at Del Amo Boulevard, Lakewood Boulevard, Clark Avenue, and Candlewood Street. The buildings benefit from hard-corner visibility on the mall’s primary ring road. The offering includes top-performing retailers in their respective categories – Soft Goods, Fitness and Banking — a testament to the quality of this real estate. Lakewood Center attracts more than 22 million consumer visits per year and is Placer. Ai’s #1-ranked retail destination in California, drawing over two million more annual visits than the state’s next-busiest center. This high-profile location features a primary five-mile trade area with unparalleled density, including a population of over 685,000 residents earning over $119,000 in Average Household Income. In addition, the center consists of over 150 acres conveniently accessible from four of the most trafficked arterials with approximately 112,000 cars passing the center daily. In 2024 the City of Lakewood adopted a Mixed-Use Overlay implementing its Housing Element, paving the way for up to 1,000+ new residential units on and around the Lakewood Center campus, further enhancing daily footfall and long-term land value.

FOR SALE DETAILS

PRICE

$50,690,000 USD

PRICE/SF

$1,126 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Burlington, Bank of America & 24 Hour Fitness

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Bank, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.17 AC

LAND SF

50,776 SF

ZONING

LKC4*

APN/PARCEL ID

7172-001-046

ASK ABOUT THIS PROPERTY

Donald MacLellanFaris Lee InvestmentsMore Info
949-221-1821

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Donald MacLellanFaris Lee InvestmentsMore Info
949-221-1821

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