7012 Walnut Grove Dr - Freestanding FOR SALE


Whittier, CA 90602
$23,415,000 USD
949-698-1106
7012 Walnut Grove Dr, Whittier, CA for Sale
$23,415,000 USD
Freestanding - FOR SALE
1/14
null | 5.7% Cap Rate

7012 Walnut Grove Dr
Whittier, CA 90602


HIGHLIGHTS

  • 100% Occupied State-of-the-Art Public Food Hall | NNN Leased | New 2025 Construction
  • Signalized, Hard Corner Intersection | I-605 (227,500 VPD)
  • Outparcel to The Groves | Dense Retail Corridor | Strong National/Credit Tenant Presence
  • Adjacent to Master Planned Residential Development | Strong Demographics in 5-Mile Trade Area

OVERVIEW

SRS Multi-Tenant Investments is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a 100% occupied, 16-tenant food hall located in Whittier, California (Los Angeles MSA). The subject property features a diverse lineup of popular, beloved food concept tenants, which generates robust customer traffic to the site. Tenants operate under NNN leases, effectively minimizing expense leakage for a future investor. Additionally, 3% annual rent escalations across all leases provide reliable income growth and hedge against inflation.

FOR SALE DETAILS

PRICE

$23,415,000 USD

PRICE/SF

$5,077 USD /SF

CAP RATE

5.7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rodeo 72 | 100% Occupied | Food Public Mkt

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,441 SF

ZONING

SP

APN/PARCEL ID

8170-040-093

ASK ABOUT THIS PROPERTY

Pat KentSRS National Net Lease GroupMore Info
949-698-1106

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

Pat KentSRS National Net Lease GroupMore Info
949-698-1106

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