Long-Term Leased Retail
7038 -7054 Greenleaf, Whittier, CA 90602
A 100% leased retail asset anchored by a long-operating cinema, with freeway access to major Los Angeles and Orange County corridors.
Type:Retail
Property size:
34,920 SFPrice / SF:
$357/SF- Added:
- Jun 20, 2026
- Days on Market:
- 10
- Last Refresh:
- Jun 24 at 3:40 am
Property Features for 7038 -7054 Greenleaf
General Information
- Standard status
- Active
- Size
- 34,920 SF
- Property subtype
- Retail
Listing office CBRE - Orange County
Listing date Jun 20, 2026
Source Crexi
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
HighLights
- 100% leased retail asset anchored by Whittier Village Cinema
- Whittier Village Cinema has been owned and operated for over 25 years
- Parent company, Starlight Cinemas, operates 7 locations
- Located in uptown Whittier, two blocks north of Whittier College
- Freeway access to the San Gabriel (605) and Santa Ana (5) Freeways; near Whittier Boulevard
- Whittier, CA in Los Angeles County—about 12 miles southeast of Los Angeles and about 20 miles to Orange County
Overview
The offering consists of a retail property with multiple storefronts at 7038–7054 Greenleaf, presented as a long-term, stabilized asset. The center includes Whittier Village Cinema, which has owned and operated the property for more than 25 years. The offering is described as 100% leased, with tenancy characterized as rarely vacant based on the provided remarks.
The location is in affluent, uptown Whittier, approximately two blocks north of Whittier College. The property is noted as being freeway accessible to the San Gabriel (605) and Santa Ana (5) Freeways, and near main arterial Whittier Boulevard, supporting convenient regional and local access.
For investors or buyers seeking a retail acquisition with established on-site operations and consistent occupancy per the provided information, this asset combines a long-standing cinema presence with a fully leased storefront profile. Its placement near major freeways and a principal thoroughfare can be practical for retailers and service businesses looking for straightforward customer access in a consistently maintained shopping environment.
The location is in affluent, uptown Whittier, approximately two blocks north of Whittier College. The property is noted as being freeway accessible to the San Gabriel (605) and Santa Ana (5) Freeways, and near main arterial Whittier Boulevard, supporting convenient regional and local access.
For investors or buyers seeking a retail acquisition with established on-site operations and consistent occupancy per the provided information, this asset combines a long-standing cinema presence with a fully leased storefront profile. Its placement near major freeways and a principal thoroughfare can be practical for retailers and service businesses looking for straightforward customer access in a consistently maintained shopping environment.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.18M | $33.84 |
| − Vacancy | −$78.0k | −$2.23 |
| EGI | $1.10M | $31.61 |
| − OpEx | −$331.1k | −$9.48 |
| NOI | $772.6k | $22.12 |
34,920 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$11.04M
$9.66M – $12.88M
NOI $772,591 @ 7.0% cap · market cap 6.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$18.70M
$16.36M – $21.81M
NOI $1,308,722 @ 7.0% cap · market cap 10.47%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Starlight Whittier Village ...
Cinema
Honey Bee Fruits ...
Specialty Food Shop
Cardtronics ATM
Atm
Location Insight
- Map
- Local Demand
- City
- Whittier
- County
- Los Angeles
- State
- California
- Longitude
- -118.0370006
- Latitude
- 33.9778063
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - A 100% leased retail asset anchored by a long-operating cinema, with freeway access to major Los Angeles and Orange County corridors.
Where is this retail space located?
The property is located at 7038 -7054 Greenleaf Whittier, CA.
What is the asking price?
The asking price for this property is $12,500,000.
What are key features of this property?
This property features: 100% leased retail asset anchored by Whittier Village Cinema; Whittier Village Cinema has been owned and operated for over 25 years; Parent company, Starlight Cinemas, operates 7 locations
