Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Paramount Retail Space For Lease Title is generated by Realmo AI

    16239 Paramount Blvd, Paramount, CA 90723

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail and restaurant spaces available for lease in Paramount.

    Type:Retail, Restaurant
    Added:
    Oct 26, 2022
    Days on Market:
    1298
    Last Refresh:
    Mar 17 at 1:15 pm

    Property Features for 16239 Paramount Blvd

    General Information

    Standard status
    Active
    Property subtype
    Retail, Restaurant

    Spaces For Lease

    at 16239 Paramount Blvd Contact us

    We can help!

    Listing Contact
    James Rodriguez
    James Rodriguez

    Listing agent James Rodriguez License #CA 01164377

    Listing office Colliers - Los Angeles - Downtown, California

    Listing date Oct 26, 2022

    Source Crexi

    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 Colliers - Los Angeles - Downtown, California

    HighLights

    • For Lease

    Overview

    This commercial real estate property, located on Paramount Boulevard in Paramount, California, offers spaces for lease suitable for retail businesses and restaurants. The property is available for lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Fred Loya Insurance Insurance Agency LA's Auto Insurance Insurance Agency Wateria Big Box & Wholesale Store Don Roberto Jewelers (Bike/Boat/Book/etc) Store Fantastic Nails Nail Salon

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Paramount
    County
    Los Angeles
    State
    California
    Longitude
    -118.1609392
    Latitude
    33.8872704

    Nearby Similar for Lease

    • $1.30 SF/Yr
      9,920 SF

      Refurbished Industrial Unit in Paramount

      Refurbished ±3,040 SF industrial unit in a secured park.
      16220 Gundry Ave, Paramount, CA 90723
      View Details
    • $1.25 SF/Yr
      3,520 SF

      Downey Ave Flex Space Available

      Multi-tenant building with convenient access to major freeways.
      15930-15940 Downey Ave, Paramount, CA
      View Details
    • Contact for pricing
      4,800 SF

      Paramount Industrial Building with Yard

      4,800 SF industrial building with fenced yard for lease.
      15342 Colorado Avenue, Paramount, CA 90723
      View Details
    • Contact for pricing
      9,508 SF

      Retail Space in Paramount Plaza

      Retail space available for sublease in Paramount, CA.
      15713-15727 Downey Ave, Paramount, CA 90723
      View Details
    • $1.25 SF/Yr
      2,500 SF

      Industrial Space Near Freeways

      Industrial space with convenient freeway access and no CAM charges.
      14016-14022 Garfield Ave, Paramount, CA
      View Details
    • $2 SF/Yr
      960 SF

      Retail Space For Lease

      Retail space available for lease in Paramount, CA.
      15134 Paramount Blvd, Paramount, CA
      View Details
    • $1.35 SF/Yr
      6,224 SF

      Paramount Warehouse Space Available

      Industrial warehouse space available for lease in Paramount, California.
      14030 Orange Avenue, Paramount, CA, 90723
      View Details
    • $1.25 SF/Yr
      5,000 SF

      Manufacturing Multi-Tenant Building For Rent

      Centrally located manufacturing building with 20' clear height.
      16100-16122 Orange Ave, Paramount, CA
      View Details
    • $1.50 SF/Yr
      1,600 SF

      Paramount Industrial Flex Space Available

      Newly refurbished industrial unit near major freeways for lease.
      8650 Somerset Blvd, Paramount, CA
      View Details
    • Contact for pricing
      11,488 SF

      Paramount Warehouse Space Available

      Industrial warehouse space available for lease in Paramount, California.
      15942 Downey Ave., Paramount, CA, 90723
      View Details
    • Contact for pricing
      2,702 SF

      Paramount Warehouse Space Available

      2,702 square foot warehouse space for lease.
      16213 Illinois Ave., Paramount, CA, 90723
      View Details
    • $16 SF/Yr

      Paramount Freestanding Warehouse with Yard

      Freestanding warehouse with a large fenced yard and heavy power.
      7301 Quimby Street, Paramount, CA, 90723
      View Details

    FAQs

    What type of property is this?
    Retail property - Retail and restaurant spaces available for lease in Paramount.
    Where is this retail property located?
    The property is located at 16239 Paramount Blvd Paramount, CA.
    What are key features of this property?
    This property features: For Lease
    (213) 532-3284 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing James Rodriguez
    James Rodriguez
    Real Estate License ID: CA 01164377
    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
    16239 Paramount Blvd, Paramount, CA 90723
    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!