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Lakewood Center Retail Properties
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Pending

5247 Clark Ave, Lakewood, CA 90712

Retail properties with nationally recognized tenants in Lakewood, California.

Property Size19,401 SF
Days on Market181

Property Features for 5247 Clark Ave

General Information

Standard status Pending
Size 19,401 SF
Property subtype Retail

Building Details

Buildings 3
Tenancy Multi
Listing Agency: Northmarq Capital, LLC
Listed By: BJ Feller · License #IL 471007951
Source: Crexi
Added: Feb 10 Changed: Aug 8 Last Checked: Jul 25 at 7:02AM

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 Northmarq Capital, LLC

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Current Use

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

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Auto Repair Shop Parking Lot & Garage Hotel & Motel

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

1,784
Businesses Nearby
644k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 36% Apparel 18% Shops & Services 16% Home Improvements & Furnishings 12%
Costco Wholesale Superstores
233,300 visits/mo 0.3 miles
Costco Gasoline Shops & Services
81,782 visits/mo 0.2 miles
The Home Depot Home Improvements & Furnishings
77,311 visits/mo 0.3 miles
JCPenney Apparel
60,661 visits/mo 0.5 miles
Albertsons Groceries
50,681 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?
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.
More about this property
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