Lakewood Retail Center For
For Sale
Contact for pricing
4821 Del Amo Blvd, Lakewood, CA 90712
High-traffic retail center with Burlington and 24HR fitness.
Property Size97,319 SF
Price / SF$520.86
Days on Market160
Property Features for 4821 Del Amo Blvd
General Information
Standard status
Active
Size
97,319 SF
Property subtype
Retail
Zoning
C-4
Building Details
Year Built
2012
Listing Agency:
Faris Lee Investments
(949) 221-1810
Listed By:
Don MacLellan · License #CA #00897784
Source:
Crexi
Added: Mar 3
Changed: Aug 8
Last Checked: Aug 8 at 6:40AM
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 Faris Lee Investments
Investment Insights
Based on property information with market context.
This retail center in Lakewood, California, is a highly visited location, attracting approximately 22 million visitors. The property has a size of 97319 square feet and features Burlington and 24HR Fitness.
Key Highlights
- #1 Visited Center in CA with 22 Million Visitors
- Located in Lakewood
- Anchor Tenant: Burlington
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$2,153,143
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$43,062,860
$43.1M
Cap Rate 7%
$30,759,186
$30.8M
Cap Rate 9%
$23,923,811
$23.9M
Market Conditions
NOI Build-Up for 97,319 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$3.29M $33.84/SF
− Vacancy
−$217.4K −$2.23/SF
EGI
$3.08M $31.61/SF
− OpEx
−$922.8K −$9.48/SF
NOI
$2.15M $22.12/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$43,062,860
Cap Rate 7%
$30,759,186
Cap Rate 9%
$23,923,811
Alternative Uses
Best Use
Retail
$30.76M
$26.91M – $35.89M
NOI $2,153,143 @ 7.0% cap · market cap 4.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$52.10M
$45.59M – $60.79M
NOI $3,647,295 @ 7.0% cap · market cap 7.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
942
Businesses Nearby
10k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Farmers & Merchants Bank
Shops & Services
9,504 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
Questions? Ask Rey
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Similar Off Market Nearby
- Mool de lakewood — 65 Hazelbrook Ave, Lakewood, CA 90712
- Sunglass Hut at Macy's — 5100 Lakewood Blvd, Lakewood, CA 90712
- California DMV Now Kiosk — 5015 Del Amo Blvd, Lakewood, CA 90712
- Lakewood Square — 4009 Hardwick St, Lakewood, CA 90712
- Coinstar Kiosk | Bitcoin ATM — 5015 Del Amo Blvd Albertsons, Lakewood, CA 90712
Frequently Asked Questions
What type of property is this?
Shopping center - High-traffic retail center with Burlington and 24HR fitness.
Where is this shopping center located?
The property is located at 4821 Del Amo Blvd Lakewood, CA.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: #1 Visited Center in CA with 22 Million Visitors; Located in Lakewood; Anchor Tenant: Burlington
