Lakewood Shops Net Lease Portfolio
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
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