Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5247 Clark Ave Lakewood, CA 90712

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Retail properties with nationally recognized tenants in Lakewood, California.

    Property size:
    19,401 SF

    Property Features for 5247 Clark Ave

    General Information

    Standard status
    Active
    Size
    19,401 SF

    We can help!

    Listing Contact
    Bj Feller
    Bj Feller
    Source: Crexi

    Listing Agency: Northmarq Capital, LLC Listing Agent: Bj Feller

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Lakewood Center Retail Properties

    Located at Lakewood Center on the corner of Candlewood Street and Clark Avenue in Lakewood, California, this offering features a collection of premier retail properties. The site includes a single parcel improved with three buildings totaling 19,401 square feet. These single-tenant properties are leased to Dave’s Hot Chicken, Black Angus Steakhouse, and Mountain View Tire, creating a mix of quick-service dining, full-service dining, and auto service tenants. The properties generate $795,195 of net operating income with a weighted average lease term of nearly five years. The tenants have demonstrated consistent performance at the site.
    Location Intelligence

    Current Use by Public Records

    Dave's Hot Chicken Restaurant Amazon Hub Locker ... Postal Service

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Los Angeles
    State
    California
    Longitude
    -118.1340353
    Latitude
    33.8533691

    Nearby Similar for Sale

    • $125,000

      Established Dry Cleaning Business Opportunity

      Profitable dry cleaning and alterations business for sale in Lakewood.
      6406 Del Amo Blvd, Lakewood, CA 90713
      View Details
    • $2,950,000
      4,485 SF

      Lakewood Commercial Property for Sale

      Commercial property in Lakewood, CA, ideal for auto-related businesses.
      5756 Rocket St, Lakewood, CA 90713
      View Details
    • $1,699,000
      Pending

      Lakewood Fourplex: Turnkey Investment Opportunity

      Four-unit property in Lakewood with long-term tenants and upside potential.
      11609 208Th St, Lakewood, CA 90715
      View Details
    • New
      $895,000
      Pending

      Lakewood Duplex with Garage Parking

      Duplex in West Lakewood with strong rental and value-add potential.
      4312 Andy St, Lakewood, CA 90712
      View Details
    • $1,975,000
      4,053 SF

      New Construction Triplex in Lakewood

      Three new dwelling units with high-end finishes and low maintenance.
      6118 Amos Ave, Lakewood, CA 90712
      View Details
    • $1,550,000
      2,414 SF

      Lakewood Duplex with New ADU

      Move-in ready duplex with permitted ADU in ABC School District.
      21005 Longworth Ave, Lakewood, CA 90715
      View Details
    • $1,300,000
      2,166 SF

      Lakewood Duplex with Garage Access

      Spacious townhome-style duplex with garage access in Lakewood, CA.
      20802 Pioneer Blvd, Lakewood, CA 90715
      View Details
    • $1,975,000

      New Multifamily Construction in Lakewood

      Three new dwelling units with high-quality materials and low maintenance.
      6118 Amos Ave, Lakewood, CA 90712
      View Details
    • $6,400,000

      Lakewood Commercial Property for Sale

      Commercial property in Lakewood, CA available for purchase.
      20601 Seine Ave, Lakewood, CA 90715
      View Details
    • $1,699,000

      Lakewood Fourplex: Turnkey Investment Opportunity

      Four-unit property in Lakewood with upside potential and immediate cashflow.
      11609 208Th St, Lakewood, CA 90715
      View Details
    • $6,400,000

      Lakewood Specialty Property For Sale

      Specialty property available in Lakewood, California.
      20601 Seine Ave, Lakewood, CA 90715
      View Details
    • Contact for pricing
      4,014 SF

      Lakewood Restaurant Investment Opportunity

      Single-tenant Raising Cane’s property with strong sales performance.
      4634 Candlewood St, Lakewood, CA 90712
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail properties with nationally recognized tenants in Lakewood, California.
    Where is this retail space located?
    The property is located at 5247 Clark Ave Lakewood, CA.
    What are key features of this property?
    This property features: - Premier retail properties at Lakewood Center, a desirable Lakewood, California location.; - Strong mix of nationally recognized tenants: Dave’s Hot Chicken, Black Angus Steakhouse, and Mountain View Tire.; - Generates $795,195 of net operating income.
    Request Owner's contact information
    5247 Clark Ave Lakewood, CA 90712
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5247 Clark Ave
    Lakewood, CA 90712
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5247 Clark Ave Lakewood, CA 90712
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Bj Feller
    Bj Feller
    Real Estate License ID: 471007951
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!