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.