Current Use by Public Records
- Dapper Dog Spa / Pet Grooming Service
Property Details for 16539 Leffingwell Rd
- Year built
- 1965
- Lot size
- 0.54 lot acres
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional investment opportunity presents the Leffingwell Center, a 8,500-square-foot shopping center located at 16539 Leffingwell Rd, Whittier, CA 90603. This fee-simple property boasts nine units in a single-story building, situated on a 0.54-acre lot and zoned C2. Built in 1965 and extensively renovated in 2023, the center enjoys 100% occupancy under a NNN lease structure. The property benefits from a highly visible location, just half a block from a Costco, further enhanced by prominent pylon signage. Its strategic position in Whittier, bordering Los Angeles and Orange Counties, places it within a densely populated area exceeding 406,000 residents within a five-mile radius. The center's proximity to national retailers like Dollar Tree, Advanced Auto Parts, KFC, and McDonald's, along with nearby apartments and schools, ensures strong tenant demand and consistent cash flow. The asking price is $3,500,000, representing a 5.42% cap rate. This multi-tenant retail center offers a compelling investment opportunity for those seeking a stable, high-performing asset in a thriving market. The property includes 35 parking spaces. This is a 1031 exchange eligible property.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Whittier
- County
- Los Angeles
- State
- California
- Longitude
- -117.978
- Latitude
- 33.932
