Starbucks-Anchored Shopping
For Sale
$12,191,293
17640-17648 Bellflower Blvd, Bellflower, CA 90706
Newly built multi-tenant retail center with NNN leases and drive-thru restaurant operations.
Property Size16,023 SF
Price / SF$6,416
Days on Market161
Property Features for 17640-17648 Bellflower Blvd
General Information
Standard status
Active
Size
16,023 SF
Property subtype
Shopping Strip
Amenities
NNN Expense Structure – Minimal Landlord Responsibilities: All current tenants operate under NNN leases, with tenants responsible for repairs, maintenance, and capital expenses.
Strong Demographics: Over 680,000 residents within a 5-mile radius and an average household income of $115,333.
Prime Signalized Intersection with High Traffic Counts: Positioned on Bellflower Boulevard with over 27,000 CPD and direct access to CA-91 Freeway with more than 274,000 CPD.
2024 Construction Starbucks & Chipotle Drive-Thru Anchored Multi-Tenant Retail : Newly built multi-tenant shopping center featuring excellent signage, visibility, and convenient access. | Starbucks Drive-Thru with 11-car stacking capacity and abundant parking. | New Chipotle Drive-Thru with Outdoor Seating and Visibility
Strong Current Tenant Mix, Internet-Resistant, Essential QSR Tenants: Currently occupied by food and quick-service restaurant operators, including Starbucks, Chipotle, Wing Zone, Firehouse Subs, and Cassidy's Corner, serving dine-in, drive-up, and drive-thru customers.
Additional Upside with Lease-Up of Remaining Vacancy: Opportunity to increase returns with attractive rent credit giving investors to lease up the remaining vacancies, pushing the projected cap rate above 6.27%.
Located in an Active Development Corridor: Multiple new developments coming in the immediate corridor across the street and going north towards the freeway | Incoming tenants include In-n-Out, Dutch Bros, Habit Burger, 7-Eleven with gas, and EV charging stations which will significantly increase traffic to the center.
Building Details
Building Size
16,023 SF
Year Built
2024
Listing Agency:
Encino Office
Listed By:
Orbell Ovaness · License #License(s): CA: 01402142
(213) 943-1822
Source:
Marcusmillichap
Added: Apr 3
Changed: Sep 10
Last Checked: Sep 9 at 2:59PM
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 Encino Office
Investment Insights
Based on property information with market context.
Completed in 2024, this multi-tenant shopping center is anchored by a Starbucks drive-thru and occupied by quick-service restaurant operators including Wing Zone, Firehouse Subs, and Cassidy’s Corner. The Starbucks component includes an 11-car stacking lane, while the center provides parking and prominent signage. A remaining 1,900-square-foot vacancy offers additional leasing capacity, with a projected cap rate exceeding 6.68 percent upon lease-up.
The property is located at the signalized intersection of Bellflower Boulevard in Bellflower, California, with reported traffic exceeding 27,000 cars per day. It also connects directly to the CA-91 Freeway, which carries more than 274,000 cars per day. Nearby development includes a completed Chipotle drive-thru and proposed Bellflower Blvd Shops, along with Dutch Bros, Habit Burger, 7-Eleven with gas, and EV charging stations. Tenants are responsible for repairs, maintenance, and capital expenditures under the stated NNN structure.
The property is located at the signalized intersection of Bellflower Boulevard in Bellflower, California, with reported traffic exceeding 27,000 cars per day. It also connects directly to the CA-91 Freeway, which carries more than 274,000 cars per day. Nearby development includes a completed Chipotle drive-thru and proposed Bellflower Blvd Shops, along with Dutch Bros, Habit Burger, 7-Eleven with gas, and EV charging stations. Tenants are responsible for repairs, maintenance, and capital expenditures under the stated NNN structure.
Key Highlights
- Starbucks‑anchored shopping center completed in 2024
- 11‑car stacking lane serving the Starbucks drive‑thru
- 1,900‑square‑foot remaining vacancy for lease‑up
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,393
Businesses Nearby
258k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 78%
Shops & Services 22%
In-N-Out Burger
Dining
70,007 visits/mo
0.2 miles
Golden Corral
Dining
21,490 visits/mo
0.2 miles
ARCO
Shops & Services
20,426 visits/mo
0.5 miles
Starbucks
Dining
18,374 visits/mo
0.1 miles
Jack in the Box
Dining
17,653 visits/mo
0.0 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
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Shopping center - Newly built multi-tenant retail center with NNN leases and drive-thru restaurant operations.
Where is this shopping center located?
The property is located at 17640-17648 Bellflower Blvd Bellflower, CA.
What is the asking price?
The asking price for this property is $12,191,293.
What are key features of this property?
This property features: Starbucks‑anchored shopping center completed in 2024; 11‑car stacking lane serving the Starbucks drive‑thru; 1,900‑square‑foot remaining vacancy for lease‑up
