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Three-Tenant Retail Strip Center
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4327-4333 Candlewood St., Lakewood, CA 90712

Fully occupied center with restaurant, wireless, and specialty retail tenants at Candlewood Street and Lakewood Boulevard.

Property Size14,600 SF
Price / SF$1,093
Days on Market6

Property Features for 4327-4333 Candlewood St.

General Information

Standard status Active
Size 14,600 SF
Property subtype Retail
Occupancy 100%

Site & Location

Anchor Co-Tenants Target, Costco, The Home Depot, Albertsons
Traffic Count 40,800 vehicles/day

Building Details

Tenancy Multi
Listing Agency: CBRE - Orange County
Listed By: James Tyrrell · License #02012964
Source: Crexi
Added: Sep 12 Changed: Sep 16 Last Checked: Sep 16 at 2:01PM

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 CBRE - Orange County

Investment Insights

Based on property information with market context.

This 14,600 SF retail strip center at 4327-4333 Candlewood St. in Lakewood is 100% occupied by Red Lobster, Verizon Wireless, and The Vitamin Shoppe. Each operator has maintained occupancy for more than 20 years, with tenancy beginning in 1974, 2008, and 2005, respectively.

The property occupies a high-traffic intersection at Candlewood St. and Lakewood Blvd., generating approximately 40,800 CPD. It is part of Lakewood Center, a larger retail destination anchored by Target, Costco, The Home Depot, Albertsons, and other retailers. More than 2.1 million SF of retail is concentrated within a half-mile radius, while the center attracts more than 22 million annual visitors, according to Placer.ai.

Key Highlights

  • 14,600 SF retail strip center at 4327‑4333 Candlewood St., Lakewood, CA
  • 100% occupied by Red Lobster, Verizon Wireless, and The Vitamin Shoppe
  • All three tenants have occupied the center for more than 20 years

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Big Box & Wholesale Store Auto Repair Shop Building Supply

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

40,800 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,930
Businesses Nearby
708k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 33% Shops & Services 19% Apparel 16% Dining 14%
Costco Wholesale Superstores
233,300 visits/mo 0.3 miles
Costco Gasoline Shops & Services
81,782 visits/mo 0.4 miles
The Home Depot Home Improvements & Furnishings
77,311 visits/mo 0.5 miles
JCPenney Apparel
60,661 visits/mo 0.3 miles
Burlington Apparel
48,719 visits/mo 0.4 miles

Demographics for 90712, CA

32,332
Population
10,170
Households
3.2
Avg Household Size
40
Median Age
37%
College-Educated
92%
High-School Grad
4.2 sq mi
ZIP Area
7,698
Density / Sq Mi
$119,246
Median Household Income
$59,395
Median Earnings
$2,302
Median Rent
$779,600
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?
Strip mall - Fully occupied center with restaurant, wireless, and specialty retail tenants at Candlewood Street and Lakewood Boulevard.
Where is this strip mall located?
The property is located at 4327-4333 Candlewood St. Lakewood, CA.
What is the asking price?
The asking price for this property is $15,972,000.
What are key features of this property?
This property features: 14,600 SF retail strip center at 4327‑4333 Candlewood St., Lakewood, CA; 100% occupied by Red Lobster, Verizon Wireless, and The Vitamin Shoppe; All three tenants have occupied the center for more than 20 years
More about this property
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