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29653143
29653142

5910 Del Amo Blvd, Lakewood, CA 90713

$5,500,000
114 days on market
Updated 114 days ago

5910 Del Amo Blvd

Details
APN 7176025013
Property Type Retail
Sub Type Commercial
Square Footage 5,012
Cap Rate 5.00%
NOI $277,768
Occupancy 100%
Price per SqFt $1,097
Year Built 2005
Stories 1
Lot Size (SqFt) 21,995
Zoning LKC3YY
Parking Spaces 31 spaces
Parking Per SqFt 6.19

Retail | 5.00% CAP | 5,012 SqFt

Marketing description

Michelle Chen of Pacific Sterling Realty is pleased to offer the fee-simple sale of Del Amo Shopping Center, a Starbucks-anchored retail property located at the highly visible southeast corner of Del Amo Boulevard and Woodruff Boulevard in Lakewood, California. The property features an easily accessible drive-thru and is positioned within a dense, established suburban neighborhood. The local community widely recognizes Del Amo Shopping Center as a convenient destination for coffee, drinks, food, and specialty services. Starbucks has successfully operated at this location since 2006, reflecting the strength of this location, consistent consumer traffic, and long-term tenant performance.

Investment highlights

  • Great opportunity to purchase a Starbucks anchored shopping center that offers the stable and successful tenant with excellent credit. McDonald's and California Sushi & Teriyaki is next door
  • Across Street from Ralphs' Market, 99 Cents Store, Jack in the box & Taco Bell. Close Proximity to Lakewood Center Mall
  • Located on a High traffic intersection along the major thoroughfare of Del Amo blvd. With traffic count of around 60,000 cars per day.
  • Upward trending demographics and an average household income of over $128,736 within a one-mile radius.

Listing Contacts

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$277,768.00
$23,147.33/mo

Valuation Metrics

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DSCR
5.05%
Cap Rate
5.05%
ROI

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