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Leffingwell Center 16539-16555 Leffingwell Rd

8,500 SF 100% Leased Retail Building Whittier, CA 90603 £2,765,035 (£325/SF) 5.42% Net Initial Yield

Investment Highlights

  • Well-maintained retail strip in the city of Whittier near La Habra.
  • Half a Block Away from Costco, Dollar Tree, Advanced Auto Parts, KFC, McDonald's, and other national credit tenants as well as apartment complex and s
  • Over 406,000 population in 5-mile radius.
  • 8,500 SF with 35 Parking Spaces on 0.54 Acre.
  • Multiple small suites for quick lease up.
  • Highly visible pylon signage.

Executive Summary

Please do not disturb tenants!
Colliers is pleased to exclusively present for sale a prime investment opportunity at 16539-16555 Leffingwell Road, located in the highly sought-after neighborhood of Whittier. This rare offering features 9 units of commercial retail/office strip center property totaling 5,750 square feet. Situated in the border of Los Angeles County and Orange County, this property is poised for growth and opportunity.
The subject property is half a block from Costco, Dollar Tree, Advanced Auto Parts, KFC, McDonald's, and other national credit tenants as well as apartment complex and schools.

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront
Building Size
8,500 SF
Building Class
C
Year Built/Renovated
1965/2023
Price
£2,765,035
Price Per SF
£325
Net Initial Yield
5.42%
NOI
£149,865
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.36
Land Acres
0.54 AC
Zoning
C2, Whittier - C2 (General Commercial)
Parking
35 Spaces (4.12 Spaces per 1,000 SF Leased)

Amenities

  • Signage

Nearby Major Retailers

Starbucks
Albertsons
U.S. Bank
The Original Pancake House
Trader Joe's
L & L Hawaiian Barbecue
Denny's
Chase Bank
Grocery Outlet
LA Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
8232-015-091
Land Assessment
£1,726,045
Improvements Assessment
£328,771
Total Assessment
£2,054,816
  • Listing ID: 33244389

  • Date on Market: 20/09/2024

  • Last Updated:

  • Address: 16539-16555 Leffingwell Rd, Whittier, CA 90603

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