Two-Tenant Retail and Medical
For Sale
Contact for pricing
Pending
5420 La Palma Ave, La Palma, CA 90623
Institutional two-tenant property anchored by Walmart Neighborhood Market and Quest Diagnostics at a signalized intersection.
Property Size33,200 SF
Days on Market118
Property Features for 5420 La Palma Ave
General Information
Standard status
Pending
Size
33,200 SF
Property subtype
Multifamily, Retail
Additional Details
Highway Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
REZA Investment Group
Listed By:
Aaron Bettencourt · License #CA 01194991
Source:
Crexi
Added: Apr 12
Changed: Jul 23
Last Checked: Aug 7 at 10:12AM
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 REZA Investment Group
Investment Insights
Based on property information with market context.
This institutional-quality two-tenant retail and medical investment opportunity features approximately 33,200 square feet of retail space. The property is anchored by Walmart Neighborhood Market and Quest Diagnostics, creating a consolidated tenancy mix for long-term stability.
The asset is located at a signalized intersection on La Palma Avenue and Walker Street, approximately one mile south of the 91 Freeway interchange. La Palma is described as a central Orange County community within close proximity to surrounding cities including Anaheim, Buena Park, Cerritos, and Cypress.
Offered for sale, the property’s current tenant base is supported by the included institutional tenancy context from the seller remarks, highlighted by Walmart Neighborhood Market as the anchor tenant and Quest Diagnostics as the second tenant.
The asset is located at a signalized intersection on La Palma Avenue and Walker Street, approximately one mile south of the 91 Freeway interchange. La Palma is described as a central Orange County community within close proximity to surrounding cities including Anaheim, Buena Park, Cerritos, and Cypress.
Offered for sale, the property’s current tenant base is supported by the included institutional tenancy context from the seller remarks, highlighted by Walmart Neighborhood Market as the anchor tenant and Quest Diagnostics as the second tenant.
Key Highlights
- Two‑tenant retail investment property anchored by Walmart Neighborhood Market and Quest Diagnostics
- Approximately 33,200 sq. ft. of retail space
- Located at the signalized intersection of La Palma Avenue and Walker Street
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
777
Businesses Nearby
Explore this area
Business Placement
Demographics for 90623, CA
15,906
Population
5,191
Households
3.1
Avg Household Size
44
Median Age
49%
College-Educated
94%
High-School Grad
1.8 sq mi
ZIP Area
8,837
Density / Sq Mi
$112,366
Median Household Income
$59,061
Median Earnings
$2,224
Median Rent
$920,200
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Institutional two-tenant property anchored by Walmart Neighborhood Market and Quest Diagnostics at a signalized intersection.
Where is this retail space located?
The property is located at 5420 La Palma Ave La Palma, CA.
What are key features of this property?
This property features: Two‑tenant retail investment property anchored by Walmart Neighborhood Market and Quest Diagnostics; Approximately 33,200 sq. ft. of retail space; Located at the signalized intersection of La Palma Avenue and Walker Street
