Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Retail Space Available For Rent Title is generated by Realmo AI

    11521-11531 La Mirada Blvd, La Mirada, CA

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Retail space available for rent.

    Type:RETAIL
    Property size:
    1,210 SF
    Lot size:
    1.00 Acres
    Added:
    Mar 19, 2024
    Days on Market:
    810
    Last Refresh:
    May 20 at 8:33 pm

    Property Features for 11521-11531 La Mirada Blvd

    General Information

    Standard status
    Active
    Size
    1,210 SF
    Lot size
    1.00 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 11521-11531 La Mirada Blvd Contact us

    We can help!

    Listing Contact
    Todd Nathanson
    Todd Nathanson

    Listing agent Todd Nathanson License #00923779

    Listing office illi Commercial Real Estate

    Listing date Mar 19, 2024

    Source Moodyscre

    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 illi Commercial Real Estate

    HighLights

    • Retail space available.

    Overview

    This property offers retail space for rent. The property size is 1210 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    La Mirada
    County
    Los Angeles
    State
    California
    Longitude
    -118.012
    Latitude
    33.9263

    Nearby Similar for Lease

    • $1.44 SF/Yr
      6,825 SF

      La Mirada Office Space Available

      Office space with open plan areas, private offices, and parking.
      16702-16800 Valley View Ave, La Mirada, CA 90638
      View Details
    • $1.50 SF/Yr
      11,760 SF

      La Mirada Warehouse Space Available

      Warehouse space with office area in high image business park.
      14101 Rosecrans Avenue, La Mirada, CA 90638
      View Details
    • $960/Mo

      Affordable Office or Retail Space

      Office or retail space on Imperial Highway, La Mirada.
      14261 Imperial Hwy, La Mirada, CA 90638
      View Details
    • $1.25 SF/Yr
      93,280 SF

      Industrial Building with Fenced Yard

      93,280 SF industrial building with office space for rent.
      15220 Canary Avenue, La Mirada, CA 90638
      View Details
    • $1.29 SF/Yr
      31,026 SF

      La Mirada Warehouse Space Available

      Industrial warehouse space with office and freeway access for lease.
      16661 Knott Avenue, La Mirada, CA, 90638
      View Details
    • Contact for pricing
      2,200 SF

      Upgraded Office Space Available

      High-quality, well-maintained office space with full-service lease.
      14251 Firestone Blvd, La Mirada, CA 90638
      View Details
    • $1.49 SF/Yr
      130,459 SF

      La Mirada Industrial Facility For Lease

      High identity industrial facility with freeway exposure in La Mirada.
      16800 Trojan Way, La Mirada, CA, 90638
      View Details
    • $1.29 SF/Yr
      42,657 SF

      La Mirada Distribution Space Available

      Class A distribution space with immediate freeway access.
      16701-16721 Knott Ave, La Mirada, CA
      View Details
    • $1.69 SF/Yr
      18,453 SF

      La Mirada Warehouse Space Available

      Warehouse space with immediate freeway access in La Mirada.
      16701 Knott Avenue La Mirada, CA , La Mirada, CA, 90638
      View Details
    • $1.65 SF/Yr
      43,612 SF

      Freeway Frontage Showroom Retail Potential

      High image building with showroom and freeway frontage.
      14765 Firestone Blvd, La Mirada, CA
      View Details
    • $1.18 SF/Yr
      50,000 SF

      La Mirada Warehouse Sublease Opportunity

      25,000-50,000 SF available for sublease through March 2029.
      16000 Heron Ave, La Mirada, CA
      View Details
    • Contact for pricing
      17,095 SF

      Distribution/Manufacturing Building with Fenced Yard

      Distribution/Manufacturing building featuring a large fenced yard and ample office space.
      14400 Industry Circle, La Mirada, CA 90638
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space available for rent.
    Where is this retail space located?
    The property is located at 11521-11531 La Mirada Blvd La Mirada, CA.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: Retail space available.
    (818) 514-2204 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Todd Nathanson
    Todd Nathanson
    Real Estate License ID: 00923779
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    11521-11531 La Mirada Blvd, La Mirada, CA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!