Burlington, Bank of America & 24 Hour Fitness
Just Listed: #1 Visited Center in CA (22 Million Visitors) Lakewood - Burlington / 24HR- $50.69M
Investment highlights
Burlington- Recently agreed to 10 year Lease extension with Store Upgrades Planned- $18.6Billion Market Cap – Jan 2026
24 Hour Fitness- Executed a 10 year lease extension with a major club remodel planned- $1.3Billion Revenue- Founder w/ Large Equity Partner is New Owner- Major expansion planned
Bank of America- A+ Rated-= Large branch Deposits- Over 55 year Historical Occupancy
Part of Lakewood Center- #1 Visited Center in CA – over 22 Million annual Visitors – AHHI - $188K, 2.4M population w/ in 10 miles
Shadow anchored by Top Performing US Retailers – Costco / Target along w/ Top Sales QSR concepts- Chick Fila A, Raising Canes, Panera Bread, Dave’s Hot Chicken, Starbucks
Lakewood Center is bounded by 4 major throughfares w/ over 112,000 VPD- Lakewood Blvd/ Del Amo Blvd, Candlewood St , Clark Ave
Current Zoning allows up to 1,000 high density residential units , offering potential for an expanded customer base.
High Barriers to Entry – No Available Commercial Land restricting any Future Competition
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