Norwalk Retail Space For
For Sale
Contact for pricing
14020-14030 Pioneer Blvd, Norwalk, CA 90650
Retail property with 10,516 square feet of space.
Property Size10,516 SF
Price / SF$474.99
Days on Market195
Property Features for 14020-14030 Pioneer Blvd
General Information
Standard status
Active
Size
10,516 SF
Property subtype
Retail
Lease Type
NNN
Net Operating Income
$320,215
Building Details
Year Built
1957
Year Renovated
2021
Buildings
1
Stories
1
Tenancy
Multi
Listing Agency:
Hanley Investment Group
Listed By:
Jeff Lefko · License #CA 01942025
(844) 585-7682
Source:
Crexi
Added: Mar 27
Changed: Oct 1
Last Checked: Oct 5 at 6:31PM
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 Hanley Investment Group
Investment Insights
Based on property information with market context.
This retail property in Norwalk, California, offers 10,516 square feet of space. The property is located at 14020-14030 Pioneer Blvd, Norwalk, CA 90650.
Key Highlights
- Access to Full Offering Memorandum via Provided Link: (https:\/\/bit.ly\/PioneerPlaza_Norwalk)
- Built in 1957
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$149,528
Cap Rate
2.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,990,560
$3.0M
Cap Rate 7%
$2,136,114
$2.1M
Cap Rate 9%
$1,661,422
$1.7M
Market Conditions
NOI Build-Up for 10,516 SF
Gross rent
$233.5K $22.20/SF
− Vacancy
−$19.8K −$1.89/SF
EGI
$213.6K $20.31/SF
− OpEx
−$64.1K −$6.09/SF
NOI
$149.5K $14.22/SF
Area
Norwalk, CA
Vacancy
8.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,990,560
Cap Rate 7%
$2,136,114
Cap Rate 9%
$1,661,422
Alternative Uses
Best Use
Retail
$2.14M
$1.87M – $2.49M
NOI $149,528 @ 7.0% cap · market cap 2.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.33M
$2.91M – $3.88M
NOI $232,844 @ 7.0% cap · market cap 4.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,363
Businesses Nearby
245k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Dining 37%
Groceries 6%
Electronics 2%
In-N-Out Burger
Dining
27,054 visits/mo
0.2 miles
Dollar Tree
Shops & Services
24,916 visits/mo
0.1 miles
dd's DISCOUNTS
Shops & Services
21,070 visits/mo
0.2 miles
Starbucks
Dining
19,494 visits/mo
0.2 miles
Chase Bank
Shops & Services
17,755 visits/mo
0.2 miles
Demographics for 90650, CA
102,891
Population
27,346
Households
3.8
Avg Household Size
37
Median Age
21%
College-Educated
77%
High-School Grad
9.9 sq mi
ZIP Area
10,393
Density / Sq Mi
$98,709
Median Household Income
$42,060
Median Earnings
$2,014
Median Rent
$616,600
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail property - Retail property with 10,516 square feet of space.
Where is this retail property located?
The property is located at 14020-14030 Pioneer Blvd Norwalk, CA.
What is the asking price?
The asking price for this property is $4,995,000.
What are key features of this property?
This property features: Access to Full Offering Memorandum via Provided Link: (https:\/\/bit.ly\/PioneerPlaza_Norwalk); Built in 1957
