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Freestanding Shopping Center
For Sale
$4,400,000

13528-13542 Lakewood Blvd, Bellflower, CA 90706

One-story multi-tenant retail property with onsite parking and access to the 105 Freeway.

Property Size7,423 SF
Price / SF$592.75
Days on Market50

Property Features for 13528-13542 Lakewood Blvd

General Information

Standard status Active
Size 7,423 SF
Property subtype Retail
Occupancy 85%

Site & Location

Corner Location Yes
Highway Access Yes

Building Details

Building Size 7,423 SF
Year Built 2003
Buildings 1
Stories 1
Tenancy Multi
Parking Ratio 3.75 per 1,000 SF
Listing Agency: Lee & Associates | Investment Services Group
Listed By: Matthew Sullivan · License #00848427
Source: Lee-associates
Added: Aug 26 Changed: Oct 7 Last Checked: Oct 12 at 5:05PM

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 Lee & Associates | Investment Services Group

Investment Insights

Based on property information with market context.

This one-story freestanding shopping center contains approximately 7,423 square feet and was built in 2003. The property is configured for multiple retail occupants and is 85% occupied, with a diverse tenant mix supporting an established commercial setting.

Located at a signalized corner on Lakewood Boulevard, the property provides onsite parking at a ratio of 3.75 spaces per 1,000 SF. The site also offers access to the 105 Freeway and exposure along a major retail corridor.

Key Highlights

  • Approximately 7,423 square feet of one‑story retail space
  • 85% occupied with a diverse tenant mix
  • Freestanding multi‑tenant shopping center built in 2003

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$164,231
Cap Rate
3.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,284,620 $3.3M
Cap Rate 7%
$2,346,157 $2.3M
Cap Rate 9%
$1,824,789 $1.8M
Market Conditions
NOI Build-Up for 7,423 SF
Gross rent
$251.2K $33.84/SF
− Vacancy
−$16.6K −$2.23/SF
EGI
$234.6K $31.61/SF
− OpEx
−$70.4K −$9.48/SF
NOI
$164.2K $22.12/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,284,620
Cap Rate 7%
$2,346,157
Cap Rate 9%
$1,824,789

Alternative Uses

Best Use
Retail
$2.35M
$2.05M – $2.74M (±1% cap)
NOI $164,231 @ 7.0% cap · market cap 3.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.97M
$3.48M – $4.64M (±1% cap)
NOI $278,197 @ 7.0% cap · market cap 6.32%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center HVAC Service Building Supply (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

85%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,583
Businesses Nearby
466k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 31% Dining 28% Groceries 25% Shops & Services 13%
Walmart Superstores
146,034 visits/mo 0.3 miles
Food 4 Less Groceries
59,406 visits/mo 0.2 miles
El Super Groceries
59,282 visits/mo 0.3 miles
McDonald's Dining
37,807 visits/mo 0.2 miles
Dollar Tree Shops & Services
22,232 visits/mo 0.3 miles

Demographics for 90706, CA

79,179
Population
24,499
Households
3.2
Avg Household Size
36
Median Age
20%
College-Educated
78%
High-School Grad
6.1 sq mi
ZIP Area
12,980
Density / Sq Mi
$77,602
Median Household Income
$38,452
Median Earnings
$1,771
Median Rent
$661,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - One-story multi-tenant retail property with onsite parking and access to the 105 Freeway.
Where is this shopping center located?
The property is located at 13528-13542 Lakewood Blvd Bellflower, CA.
What is the asking price?
The asking price for this property is $4,400,000.
What are key features of this property?
This property features: Approximately 7,423 square feet of one‑story retail space; 85% occupied with a diverse tenant mix; Freestanding multi‑tenant shopping center built in 2003
More about this property
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