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Vacant Junior Box | Lakewood, CA 5520 Woodruff Ave

19,306 SF Retail Building Lakewood, CA 90713 £3,858,272 (£200/SF)

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Investment Highlights

Value-Add, Redevelopment Opportunity - Los Angeles County, CA
Large 1.76 AC Land Parcel - 26K Residents Within 1-Mile
Directly Across the Street from 149-Unit Apartment Complex

Junior Anchor Space - Next to Vons, Chase Bank, Starbucks
Strong Street Frontage - Intersection Reports 48K Cars Per Day
Southern LA County Location - 20 Miles from Los Angeles

Executive Summary

This rare offering presents a value-add, redevelopment opportunity to acquire a class A vacant junior box property that is part of a Vons grocery anchored center in Los Angeles County, CA, as Rite Aid has recently vacated the site.

Property Facts Under Contract

Sale Type

Owner User

Sale Condition

Development Sale

Property Type

Retail

Property Subtype

Storefront

Building Size

19,306 SF

Building Class

Year Built

1987

Price

£3,858,272

Price Per SF

£200

Tenancy

Single

Number of Floors

Slab to Slab

12 ft

Building FAR

0.25

Lot Size

1.76 AC

Zoning

C-4 - General Commercial

Parking

87 Spaces (4.51 Spaces per 1,000 SF Leased)

Frontage

89 ft on South St

Amenities

Signage

Signalised Intersection

Monument Signage

Space Availability

1st Floor
19,306 SF
Retail
In-Line
Now

5520 Woodruff Ave, Lakewood, CA for sale Floor Plan- Image 1 of 1 — Floor Plan

The subject property is a junior anchor space in the Lakewood Marketplace Shopping Center, which is home to several national retailers including Vons, Chase Bank, Starbucks, Arby’s, UnionBank, Daiso, and Banfield Pet Hospital, among others. Call to show.