Five-Tenant Neighborhood Shopping
2501-2599 S Santa Fe Ave, Vernon, CA
For Sale
Contact for pricing
Modern retail center anchored by Circle K and Trattoria No. 25 with ample surface parking for customer convenience.
Property Size14,102 SF
Lot Size1.18 Acres
Price / SF$407.74
Days on Market157
Property Features for 2501-2599 S Santa Fe Ave
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Occupancy
Lease Type
Investment Type
Net Operating Income
Additional Details
Highway Access
Building Details
Year Built
Units
Tenancy
Listing Agency:
Colliers - Los Angeles - Orange County, California
Listed By:
Gil Corber · License #CA 01378982
(310) 367-7611
Source:
Crexi
Added: Jun 6
Changed: Nov 9
Last Checked: Nov 8 at 8:41AM
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 Colliers - Los Angeles - Orange County, California
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Santa Fe Plaza is a five-tenant neighborhood shopping center built in 2006, totaling approximately 14,102 square feet on 1.18 acres. The property includes 98 surface parking spaces and benefits from a modern construction profile with minimal deferred maintenance, designed to support everyday retail traffic. Tenants are currently supported by anchors Circle K and the long-standing Trattoria No. 25.
The center is located at the signalized southwest corner of South Santa Fe Avenue and East 25th Street in Vernon. It sits along one of Vernon’s primary commercial corridors, offering strong visibility and straightforward access for drivers entering and exiting the intersection. The surrounding area is described as having a dense industrial employment base that contributes substantial daytime activity.
For investors and operators, the mix of an anchored retail center with on-site dining and convenience support can be an efficient platform for managing tenant occupancy and lease terms across multiple suites. The property’s parking availability and corner location are practical considerations for retailers seeking customer-friendly access in a steady neighborhood setting.
The center is located at the signalized southwest corner of South Santa Fe Avenue and East 25th Street in Vernon. It sits along one of Vernon’s primary commercial corridors, offering strong visibility and straightforward access for drivers entering and exiting the intersection. The surrounding area is described as having a dense industrial employment base that contributes substantial daytime activity.
For investors and operators, the mix of an anchored retail center with on-site dining and convenience support can be an efficient platform for managing tenant occupancy and lease terms across multiple suites. The property’s parking availability and corner location are practical considerations for retailers seeking customer-friendly access in a steady neighborhood setting.
Key Highlights
- Five‑tenant neighborhood shopping center totaling approx. 14,102 SF on 1.18 acres
- Built in 2006 with modern construction
- Anchored by Circle K and the long‑standing Trattoria No. 25
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$334,287
Cap Rate
5.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,685,740
$6.7M
Cap Rate 7%
$4,775,529
$4.8M
Cap Rate 9%
$3,714,300
$3.7M
Market Conditions
NOI Build-Up for 14,102 SF
Gross rent
$477.2K $33.84/SF
− Vacancy
−$31.5K −$2.23/SF
EGI
$445.7K $31.61/SF
− OpEx
−$111.4K −$7.90/SF
NOI
$334.3K $23.70/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,685,740
Cap Rate 7%
$4,775,529
Cap Rate 9%
$3,714,300
Alternative Uses
Best Use
Specialty Retail
$4.78M
$4.18M – $5.57M
NOI $334,287 @ 7.0% cap · market cap 5.81%
Second Best
Retail
$4.46M
$3.90M – $5.20M
NOI $312,001 @ 7.0% cap · market cap 5.43%
Theoretical Best
Office A
$7.55M
$6.61M – $8.81M
NOI $528,511 @ 7.0% cap · market cap 9.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,234
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Shopping centers in Los Angeles County
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- 에디최소개 — 4651 Pacific Blvd, Vernon, CA 90058
- See the pro in Los Angeles — 4433 S Alameda St A9C, Los Angeles, CA 90058
- Mary Sports — 4433 S Alameda St Suite B9, Los Angeles, CA 90058
- Paquetería Cajas Ponce Packing — Vernon, CA 90058
- Suammit Vernon Y Alameda El Farol — S Alameda St, Vernon, CA 90058
Frequently Asked Questions
What type of property is this?
Shopping center - Modern retail center anchored by Circle K and Trattoria No. 25 with ample surface parking for customer convenience.
Where is this shopping center located?
The property is located at 2501-2599 S Santa Fe Ave Vernon, CA.
What is the asking price?
The asking price for this property is $5,750,000.
What are key features of this property?
This property features: Five‑tenant neighborhood shopping center totaling approx. 14,102 SF on 1.18 acres; Built in 2006 with modern construction; Anchored by Circle K and the long‑standing Trattoria No. 25
