Norwalk Retail Property For
For Sale
Contact for pricing
14000 Pioneer Blvd, Norwalk, CA 90650
Retail property in a densely populated neighborhood, near major freeways.
Property Size6,966 SF
Price / SF$257.68
Days on Market709
Property Features for 14000 Pioneer Blvd
General Information
Standard status
Active
Size
6,966 SF
Property subtype
Retail
Listing Agency:
Coldwell Banker Commercial BLAIR
Listed By:
George Bustamante · License #CA 01484265
(657) 301-4137
Source:
Crexi
Added: Oct 29, 2024
Changed: Sep 30
Last Checked: Oct 5 at 5:17PM
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 Coldwell Banker Commercial BLAIR
Investment Insights
Based on property information with market context.
This retail property is located in a densely populated neighborhood, directly across from Norwalk Square. The location benefits from high traffic counts, averaging approximately 21,000 cars per day. Its proximity to the 605, 205, and 5 Freeways provides convenient access. The property has a size of 6,966 square feet. All tenants are on short-term leases.
Key Highlights
- Directly across from Norwalk Square
- Near 605, 205 and 5 Freeways
- High traffic counts: +/- 21,000 avg. CPD
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$99,050
Cap Rate
5.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,981,000
$2.0M
Cap Rate 7%
$1,415,000
$1.4M
Cap Rate 9%
$1,100,556
$1.1M
Market Conditions
NOI Build-Up for 6,966 SF
Gross rent
$154.6K $22.20/SF
− Vacancy
−$13.1K −$1.89/SF
EGI
$141.5K $20.31/SF
− OpEx
−$42.5K −$6.09/SF
NOI
$99.1K $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%
$1,981,000
Cap Rate 7%
$1,415,000
Cap Rate 9%
$1,100,556
Alternative Uses
Best Use
Retail
$1.41M
$1.24M – $1.65M
NOI $99,050 @ 7.0% cap · market cap 5.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.20M
$1.93M – $2.57M
NOI $154,241 @ 7.0% cap · market cap 8.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,363
Businesses Nearby
245k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Dining 37%
Groceries 6%
Electronics 2%
In-N-Out Burger
Dining
27,054 visits/mo
0.2 miles
Dollar Tree
Shops & Services
24,916 visits/mo
0.1 miles
dd's DISCOUNTS
Shops & Services
21,070 visits/mo
0.2 miles
Starbucks
Dining
19,494 visits/mo
0.2 miles
Chase Bank
Shops & Services
17,755 visits/mo
0.2 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Shopping center - Retail property in a densely populated neighborhood, near major freeways.
Where is this shopping center located?
The property is located at 14000 Pioneer Blvd Norwalk, CA.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: Directly across from Norwalk Square; Near 605, 205 and 5 Freeways; High traffic counts: +/- 21,000 avg. CPD
