California Realty Group, as exclusive advisor, is pleased to present the opportunity to acquire LAKEWOOD GALLERIA, a Leasehold Investment with upside potential. This high-profile commercial retail shopping center is located at 5115 Candlewood Road, Lakewood, CA. There are three buildings totaling 19,008 sf. The tenant roster consists of ten complimentary tenants all on NNN leases. They include, Ohana Hawaiian BBQ, Corner Bakery Café, Pick Up Stix, Cold Stone, The Joint, Mlem Mlem Crab Restaurant, Serene Dental Care, Cozy Toes and Spa, Locks and Lather Hair Salon and Cuppa’rie Tea Salon. There is one vacancy of 2,015 square feet which provide future potential upside.
This property is situated on the highly trafficked corner of Candlewood Street & Clark Avenue and is located across from Lakewood Center Mall, one of the largest retail shopping malls totaling over 2 million square feet. This site’s location shows affluent household incomes averaging $120,766 in a 1 mile radius. The property is also conveniently positioned within close proximity to the 710, 5, 91 and 605 freeways.