Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    16218 Whittier Blvd Whittier, CA 90603

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $7,100 /Mo

    Prime retail/office/medical space in Whittier Plaza for sublease.

    Lot size:
    4.06 Acres

    Property Features for 16218 Whittier Blvd

    General Information

    Property type
    Commercial
    Standard status
    Active
    Lot size
    4.06 Acres

    Building Details

    Year built
    1961

    We can help!

    Listing Contact
    Hannah Johnson
    Source: Elliman

    Listing Agency: Coldwell Banker Envision Listing Agent: Hannah Johnson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Whittier Plaza Retail/Office/Medical Space

    Located in Whittier Plaza, this ground-level space offers approximately 3418 square feet suitable for retail, office, or medical use. The space includes two restrooms, a kitchen, and 13 rooms. The location benefits from high foot traffic and visibility. Ample parking is available for customers and clients. This space is positioned to allow businesses to thrive.
    Location Intelligence

    Current Use by Public Records

    Whittier Condominiums Condominium Complex Berkshire Hathaway Home ... Real Estate Agency Eyeluta ( Lulu) Real Estate Agency Tony Lopez - Berkshire ... Real Estate Agency Dennis Rosas, Berkshire ... Real Estate Agency

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Whittier
    County
    Los Angeles
    State
    California
    Longitude
    -117.9840555
    Latitude
    33.940256

    Nearby Similar for Lease

    • $5,180 /Mo
      1,570 SF

      Retail Space in Canyon Point

      Retail space available in a high-traffic Rowland Heights marketplace.
      19745 Colima Rd, Whittier, CA 91748
      View Details
    • Contact for pricing
      2,248 SF

      Move-In Ready Dental Suite

      Equipped dental suite available for lease in Whittier, CA.
      9209 Colima Rd, Whittier, CA 90605
      View Details
    • $3,000 /Mo
      1,200 SF

      Office Space in Whittier, CA

      Small office space for entrepreneurs and growing businesses in Whittier.
      12543 Lambert Rd, Whittier, CA 90606
      View Details
    • $6,453 /Mo
      2,482 SF

      Rowland Heights Commercial Space Available

      Commercial space for lease in Rowland Heights, California.
      18340 Colima Rd, Whittier, CA 91748
      View Details
    • $3,000 /Mo

      Whittier Office Space For Rent

      Small office space for entrepreneurs and growing businesses in Whittier.
      12543 Lambert Rd, Whittier, CA 90606
      View Details
    • $2,220 /Mo

      Retail Space in Whittier Center

      Retail spaces available in multi-tenant Whittier retail center.
      16501 Leffingwell Rd, Whittier, CA 90603
      View Details
    • $1,700 /Mo

      High Visibility Retail/Office Space

      Move-in ready retail or office space in a busy area.
      14320 Telegraph Rd, Whittier, CA 90604
      View Details
    • Contact for pricing

      Move-In Ready Whittier Office Space

      Whittier office space with private offices, balcony, conference room.
      9209 Colima Rd, Whittier, CA 90605
      View Details
    • Contact for pricing

      Retail Space on Colima Road

      Retail space for lease in a desirable building.
      9209 Colima Rd, Whittier, CA 90605
      View Details
    • Contact for pricing

      15022 Mulberry Dr

      Church for lease
      15022 Mulberry Dr, Whittier, CA 90604
      View Details
    • $8,200 /Mo

      Whittier Blvd Corner Retail Opportunity

      Highly visible, recently renovated building with gated parking.
      11601 Whittier Blvd, Whittier, CA 90601
      View Details
    • $7,100 /Mo

      Whittier Plaza Retail/Office/Medical Space

      Prime ground-level space in Whittier Plaza, ideal for various businesses.
      16218 Whittier Blvd, Whittier, CA 90603
      View Details

    FAQs

    What type of property is this?
    Retail space - Prime retail/office/medical space in Whittier Plaza for sublease.
    Where is this retail space located?
    The property is located at 16218 Whittier Blvd Whittier, CA.
    What is the lease rate?
    The lease rate is $7,100 /Mo.
    What are key features of this property?
    This property features: - Prime location in Whittier Plaza with high foot traffic and visibility.; - Versatile 3418 sqft ground level space suitable for retail, office, or medical use.; - Includes 2 restrooms, a kitchen, and 13 rooms.
    (562) 945-2221
    Request Owner's contact information
    16218 Whittier Blvd Whittier, CA 90603
    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.
    16218 Whittier Blvd
    Whittier, CA 90603
    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
    16218 Whittier Blvd Whittier, CA 90603
    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

    We can help!
    Listing Contact
    Hannah Johnson
    (562) 945-2221
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!