Retail Center on La
For Sale
Contact for pricing
10701-10731 La Mirada Blvd, Whittier, CA
20,288 SF multi-tenant retail center for sale.
Property Size20,288 SF
Lot Size1.62 Acres
Price / SF$270.85
Days on Market295
Property Features for 10701-10731 La Mirada Blvd
General Information
Standard status
Active
Size
20,288 SF
Lot size
1.62 Acres
Property subtype
RETAIL
Lease Type
NNN
Properties For Sale
at 10701-10731 La Mirada Blvd Contact us- Size
- 908 SF
- Type
- RETAIL
- Lease Type
- NNN
- Availability
- AVAILABLE, 30 Days
- Sublease
- Yes
10701 - 10731 La Mirada Blvd
Retail space available. Former Juice bar, NNN fees $0.35 PSF.
Contact us
- Size
- 1,550 SF
- Type
- RETAIL
- Lease Type
- NNN
- Availability
- AVAILABLE, On Available Date
- Sublease
- No
10701 - 10731 La Mirada Blvd.
Former nail salon NNN fees $0.35 PSF.
Contact us
Listing Agency:
GM Properties, Inc.
(562) 697-5000
Listed By:
Tyler Portman
(562) 762-3152
Source:
Moodyscre
Added: Nov 23, 2025
Changed: Sep 12
Last Checked: Sep 13 at 7:35AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GM Properties, Inc.
Investment Insights
Based on property information with market context.
The property at 10701-10731 La Mirada Boulevard, Whittier, CA, is a multi-tenant retail center with 20,288 square feet of space. This property offers investors an attractive basis and remarkable upside potential.
Key Highlights
- 20,288 SF multi‑tenant retail center
- Attractive basis for investors
- Remarkable upside potential
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$448,864
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.17%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$8,977,280
$9.0M
Cap Rate 7%
$6,412,343
$6.4M
Cap Rate 9%
$4,987,378
$5.0M
Market Conditions
NOI Build-Up for 20,288 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$686.5K $33.84/SF
− Vacancy
−$45.3K −$2.23/SF
EGI
$641.2K $31.61/SF
− OpEx
−$192.4K −$9.48/SF
NOI
$448.9K $22.12/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$8,977,280
Cap Rate 7%
$6,412,343
Cap Rate 9%
$4,987,378
Alternative Uses
Best Use
Retail
$6.41M
$5.61M – $7.48M
NOI $448,864 @ 7.0% cap · market cap 8.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$10.86M
$9.50M – $12.67M
NOI $760,348 @ 7.0% cap · market cap 13.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
430
Businesses Nearby
35k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 73%
Shops & Services 14%
Electronics 9%
Beauty & Spa 4%
Smart & Final
Groceries
25,749 visits/mo
0.1 miles
7-Eleven
Shops & Services
4,871 visits/mo
0.1 miles
Metro by T-Mobile
Electronics
2,497 visits/mo
0.0 miles
Cosmoprof
Beauty & Spa
1,420 visits/mo
0.0 miles
Boost Mobile
Electronics
625 visits/mo
0.1 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Norwalk Auto Actipn — 14419 e, 14419 Telegraph Rd, Whittier, CA 90604
- Olivia Barber Shop — 15022 la mirada blvd, whittier, ca 90604
- Coinstar Kiosk | Bitcoin ATM — 15055 Mulberry Dr, Whittier, CA 90604
- Whittwood Town Center — 15614 whittwood ln, whittier, ca 90603
Frequently Asked Questions
What type of property is this?
Shopping center - 20,288 SF multi-tenant retail center for sale.
Where is this shopping center located?
The property is located at 10701-10731 La Mirada Blvd Whittier, CA.
What is the asking price?
The asking price for this property is $5,495,000.
What are key features of this property?
This property features: 20,288 SF multi‑tenant retail center; Attractive basis for investors; Remarkable upside potential
