www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
11597685
11597701

5237 Paramount Blvd, Lakewood, CA 90712

MH
CA CA 01946266
Graystone Capital Advisors
JR
CA 02120760
Graystone Capital Advisors
Listed by Graystone Capital Advisors
$1.75 - $2.25/SF/MO
218 days on market
Updated 57 days ago

Westlake Plaza

Building Details
Property Type Retail
Sub Type Storefront
Tenancy Multiple
Lease Type NNN
Class B
Total Building SqFt 21,882
Min Divisible SqFt 630
Max Contiguous SqFt 2,266
Vacant SqFt 2,266
Total Parking Spaces 87
Year Built 1966

Spaces

3447741
3447938

Retail | 2 spaces available | 1,395 SqFt - 1,457 SqFt

Building description

Graystone Capital Advisors is pleased to present prime retail leasing opportunities at Westlake Plaza, located at 5237–5263 Paramount Boulevard in Lakewood, CA. This established ±22,568 square-foot neighborhood shopping center offers high-visibility suites perfectly suited for retail, service, or professional use. Positioned along the high-traffic corridor of Paramount Boulevard (±21,000 VPD) and near the major intersection of Paramount Boulevard & Candlewood Street (±36,000 VPD), the property ensures maximum exposure for your business.

Currently, Westlake Plaza has two premier suites available:

  • Unit 5247: ±1,395 SF – $1.75/SF NNN
  • Unit 5257: ±1,457 SF – $2.25/SF NNN

The center features prominent monument signage, easy ingress/egress, and 81 on-site parking spaces (3.7/1,000 SF), providing a convenient experience for customers. Situated in the heart of the Mid-Cities retail submarket, the property benefits from exceptional consumer spending power and a massive local draw, with over 230,000 residents within a three-mile radius and a daytime population of over 7,500 within just one mile.

With its dense infill location and proximity to national retailers and the Lakewood Center mall, Westlake Plaza offers a stable, high-demand environment for businesses looking to establish or expand their footprint in one of Southern California’s most supply-constrained submarkets.

Building highlights

  • Prime Mid-Cities retail location in Lakewood along Paramount Blvd (±21,000 VPD) near a signalized intersection with ±36,000 VPD
  • Established ±22,568 SF neighborhood center with strong daily traffic from a 16-tenant mix of food, retail, and service users
  • Two suites available (±1,395 SF & ±1,457 SF) suited for retail, medical, or professional use
  • High visibility with monument signage and excellent street frontage on a major commercial corridor
  • Strong parking field with ~3.7–3.98/1,000 SF ratio supporting consistent customer flow
  • Dense infill trade area with 230,000+ residents within 3 miles and ~$2.6B in annual retail spending
  • Proven neighborhood retail destination with long-standing tenants and built-in foot traffic
  • Located near Lakewood Center and major national retailers in a supply-constrained submarket

Listing Contacts

MH
CA CA 01946266
Graystone Capital Advisors
JR
CA 02120760
Graystone Capital Advisors
Listed by Graystone Capital Advisors

Map

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Matt Hardke
License
CA 01946266
*All information is deemed reliable but not guaranteed. Lessee to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591