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Starbucks-Anchored Shopping Center
For Sale
$6,701,982

17640 Bellflower Blvd, Bellflower, CA 90706

Newly built multi-tenant retail center with NNN leases and drive-thru restaurant operations.

Property Size8,750 SF
Price / SF$3,527
Days on Market151

Property Features for 17640 Bellflower Blvd

General Information

Standard status Active
Size 8,750 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.
Prime Signalized Intersection with High Traffic Counts | Positioned on Bellflower Blvd With Over 27,000 Cars Per Day and Direct Access to CA-91 Freeway With More than 274,000 Cars Per Day.
Additional Upside with Lease-Up of 1,900 Square Feet Vacancy | Opportunity to Increase Returns by Leasing the Remaining 1,900 SF Space, Pushing Projected Cap Rate Above 6.68 Percent.
New 2024 Construction Starbucks 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.
Current Tenancy Comprised Entirely of Internet-Resistant, Essential QSR Tenants | Fully Occupied by Food and Quick-Service Restaurant Operators, Including Starbucks, Wing Zone, Firehouse Subs, and Cassidy's Corner, Serving Dine-In, Drive-Up, and Drive-Thru Customers.
Located in an Active Development Corridor | Adjacent to New Chipotle Drive-Thru and Near Bellflower Boulevard Shops Project. | Surrounding Area Includes Incoming Tenants Such as In-n-Out, Dutch Bros, Habit Burger, 7-Eleven With Gas, and EV Charging Stations
Strong Demographics | Over 680,000 Residents Within a Five-Mile Radius and an Average Household Income of $111,367.

Building Details

Building Size 8,750 SF
Year Built 2024
Listing Agency: Encino Office
Listed By: Orbell Ovaness · License #CA: 01402142
Source: Marcusmillichap
Added: Apr 3 Changed: Aug 31 Last Checked: Aug 31 at 3:27AM

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.

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

Current Use

Global Auto Repair Auto Repair Shop

Suggested Use

Top Pick Parking Lot & Garage Law Firm Food Market (Bike/Boat/Book/etc) Store Grocery & Convenience Store Gym & Fitness Center

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

Location Intelligence

Trade Area within ½ mile

1,393
Businesses Nearby
258k
Monthly Visits Nearby
Under-served
Demand for This Use

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

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
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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 Bellflower Blvd Bellflower, CA.
What is the asking price?
The asking price for this property is $6,701,982.
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
More about this property
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