5227 Lakewood Blvd - Retail FOR SALE
Lakewood, CA 90712 |
5227 Lakewood Blvd
Lakewood, CA 90712
HIGHLIGHTS
- Brand-New, Fully Renovated Store (Opened 2024) – Modern high quality retail build-out completed in 2024
- 10-Year Corporate NNN Lease – Includes two (2) five-year renewal options with 10% rent increases every five years, providing reliable and predictable
- Corporate-Guaranteed Lease– Leased to Savers (NYSE: SVV), the largest for-profit thrift retailer in North America with over 351 locations worldwide
- Strong Retail Category – The U.S. secondhand market reached approximately $50 billion in 2024, reflecting 30% year-over-year growth.
- Strong Demographics – Over 671,000 residents within a 5-mile radius with an average household income exceeding $117,000.
- High Barriers to Entry – Located in a supply-constrained, infill trade area with virtually no available sites for future retail development.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Retail
ADD'L SUBTYPES
Storefront, Department Store
TOTAL BUILDING SIZE
29079
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
108
LAND DETAILS
LAND ACRES
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LAND SF
-
ZONING
-
APN/PARCEL ID
7155-001-014
