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Freestanding Retail Building

8542 Norwalk Blvd, Norwalk, CA 90650

For Sale
Contact for pricing

An open retail layout and on-site parking serve the property.

Property Size6,000 SF
Lot Size0.48 Acres
Price / SF$350
Days on Market54

Property Features for 8542 Norwalk Blvd

General Information

Standard status Active
Size 6,000 SF
Lot size 0.48 Acres
Property subtype Retail

Additional Details

Corner Location Yes
Listing Agency: Jones RE Commercial Real Estate
Listed By: Greg Jones · License CA #00661121
Source: Crexi
Added: Sep 23 Changed: Nov 13 Last Checked: Nov 14 at 5:18AM

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 Jones RE Commercial Real Estate

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This freestanding retail property includes approximately 6,000 SF of open retail space on an approximately 0.48-acre site. On-site parking is also available.

The building is located on Norwalk Boulevard near Rivera Road, with street exposure along Norwalk Boulevard.

Key Highlights

  • Approximately 6,000 SF of freestanding retail space
  • Approximately 0.48‑acre site
  • Open retail configuration

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$85,315
Cap Rate
4.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,706,300 $1.7M
Cap Rate 7%
$1,218,786 $1.2M
Cap Rate 9%
$947,944 $947.9K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$133.2K $22.20/SF
− Vacancy
−$11.3K −$1.89/SF
EGI
$121.9K $20.31/SF
− OpEx
−$36.6K −$6.09/SF
NOI
$85.3K $14.22/SF
Area
Norwalk, CA
Vacancy
8.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,706,300
Cap Rate 7%
$1,218,786
Cap Rate 9%
$947,944

Alternative Uses

Best Use
Retail
$1.22M
$1.07M – $1.42M (±1% cap)
NOI $85,315 @ 7.0% cap · market cap 4.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.90M
$1.66M – $2.21M (±1% cap)
NOI $132,852 @ 7.0% cap · market cap 6.33%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Real Estate Agency (Bike/Boat/Book/etc) Store Food Market Barber Shop

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

640
Businesses Nearby

Demographics for 90650, CA

102,891
Population
27,346
Households
3.8
Avg Household Size
37
Median Age
21%
College-Educated
77%
High-School Grad
9.9 sq mi
ZIP Area
10,393
Density / Sq Mi
$98,709
Median Household Income
$42,060
Median Earnings
$2,014
Median Rent
$616,600
Median Home Value

Market

Average Price Trend$/SF for Retail space in Los Angeles County, CA

$519 Jul
$426 Aug
$488 Sep
$493 Oct

Properties on Market for Retail space in Los Angeles County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - An open retail layout and on-site parking serve the property.
Where is this retail space located?
The property is located at 8542 Norwalk Blvd Norwalk, CA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Approximately 6,000 SF of freestanding retail space; Approximately 0.48‑acre site; Open retail configuration
(714) 267-1207 Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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