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29540296
29540295

5 Locations

BF
IL 471007951, WI 57176-90 (+4)
Northmarq Capital, LLC
JD
IL 475.188290
Northmarq - Chicago
Listed by Northmarq Capital, LLC, Northmarq - Chicago
$16,265,516
125 days on market
Updated 122 days ago

Lakewood Shops Net Lease Portfolio

Details
Property Type Retail
Sub Type Restaurant, Shopping Center
Square Footage 15,403
Units 5
Cap Rate 4.75%
NOI $772,612
Occupancy 100%
Tenancy Multi
Brand/Tenant Chick-fil-A, Chili's (+3)
Price per SqFt $1,056
Buildings 3
Investment Type Net Lease

Best-in-Class SoCal Single & Multi-Tenant Net Lease Portfolio | 685K+ Residents within 5-Mi Radius

Marketing description

Northmarq is pleased to offer for sale to qualified investors the opportunity to purchase a collection of premier net-leased retail Properties located at Lakewood Center along Candlewood Street in Lakewood, California. The offering consists of a single parcel improved with three buildings totaling 15,403 square feet. The site features two single-tenant buildings leased to Chick-fil-a and Chili's, as well as one multi-tenant building that includes Cava, Jimmy John's, and Jamba Juice, creating a diverse mix of nationally recognized tenants across both single-tenant and multi-tenant formats. Collectively, the Properties generate $772,612 in net operating income with a weighted average lease term of six years, offering stable cash flow and embedded growth from a best-in-class tenant roster. The offering is further anchored by an exceptional operating history having a weighted average 18 years of continuous operations with exercised renewal options, underscoring both long-term commitment and proven performance.

Investment highlights

  • Institutional-Grade Tenant Lineup with Proven Performance

  • Future Subdivision Potential

  • Core of the Gateway Cities Economic Engine

  • Scale and Affluence Driving Consumer Power

  • #1 Retail Destination in the Gateway Cities

  • Prime Retail Visibility Along 78,000+ VPD Corridor

Listing Contacts

BF
IL 471007951, WI 57176-90 (+4)
Northmarq Capital, LLC
JD
IL 475.188290
Northmarq - Chicago
Listed by Northmarq Capital, LLC, Northmarq - Chicago

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$772,612.00
$64,384.33/mo

Valuation Metrics

0
DSCR
4.75%
Cap Rate
4.75%
ROI

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