Norwalk Retail Investment
For Sale
$4,034,000
11610 Imperial Hwy, Norwalk, CA 90650
Multi-tenant retail property with established tenants and upside potential.
Property Size5,800 SF
Price / SF$695.52
Days on Market184
Property Features for 11610 Imperial Hwy
General Information
Standard status
Active
Size
5,800 SF
Property subtype
Retail
Net Operating Income
$221,895
Building Details
Building Size
5,800 SF
Year Built
1978
Listing Agency:
Faris Lee Investments
Listed By:
Nick Miller · License #CalDRE #02059453
(562) 756-7490
Source:
Farislee
Added: Mar 27
Changed: Sep 24
Last Checked: Sep 24 at 8:54AM
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 Faris Lee Investments
Investment Insights
Based on property information with market context.
This multi-tenant retail property is located on Imperial Highway in Norwalk, California. The property is occupied by Vans and Albert’s Mexican Food. Vans operates under a corporate lease executed by VF Outdoor, LLC, the principal operating subsidiary of VF Corporation (NYSE: VFC). Albert’s Mexican Food has been a local establishment since 2009. Both tenants are currently on short-term leases with no remaining options, presenting opportunities to enhance cash flow and increase the weighted average lease term. Albert’s Mexican Food is paying rent below market rates for comparable drive-thru QSR assets. The Vans lease allows an investor to negotiate a long-term extension or recapture the space to re-tenant at market rates. Structured as a Triple Net (NNN) asset, the tenants are responsible for property taxes, insurance, common area maintenance (CAM), and HVAC. The property benefits from a location at the signalized intersection of Imperial Highway and Jersey Avenue and proximity to the on/off ramps for Interstates 5, 605, and 105. It also features large pole and monument signage. The property is positioned in a dense area of Los Angeles County, with over 223,000 residents, nearly 100,000 daytime employees, and an average household income exceeding $116,000 within a three-mile radius. The area is undergoing redevelopment, including over 600 new residential units planned or underway through projects like the Keystone Lanes redevelopment, Primestor’s “The Walk” mixed-use district, and the Alondra Maidstone project. The property size is 5,800 square feet.
Key Highlights
- Significant upside potential through rent adjustments and re‑tenanting opportunities.
- Triple Net (NNN) lease structure offers a passive investment.
- Strong tenant history with Vans and Albert’s Mexican Food.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
838
Businesses Nearby
270k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 49%
Dining 31%
Shops & Services 12%
Apparel 6%
Northgate Gonzalez Markets
Groceries
86,929 visits/mo
0.2 miles
Stater Bros. Markets
Groceries
45,475 visits/mo
0.5 miles
Starbucks
Dining
24,869 visits/mo
0.3 miles
Wells Fargo
Shops & Services
19,927 visits/mo
0.2 miles
Denny's
Dining
15,073 visits/mo
0.3 miles
Demographics for 90650, CA
102,891
Population
27,346
Households
3.8
Avg Household Size
37
Median Age
21%
College-Educated
77%
High-School Grad
9.9 sq mi
ZIP Area
10,393
Density / Sq Mi
$98,709
Median Household Income
$42,060
Median Earnings
$2,014
Median Rent
$616,600
Median Home Value
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Retail space - Multi-tenant retail property with established tenants and upside potential.
Where is this retail space located?
The property is located at 11610 Imperial Hwy Norwalk, CA.
What is the asking price?
The asking price for this property is $4,034,000.
What are key features of this property?
This property features: Significant upside potential through rent adjustments and re‑tenanting opportunities.; Triple Net (NNN) lease structure offers a passive investment.; Strong tenant history with Vans and Albert’s Mexican Food.
