Property summary
Margarita Plaza offers exceptional retail space in a high-traffic Los Angeles location. This Class B shopping center boasts a total of 76,831 square feet, anchored by a thriving 43,350-square-foot Food 4 Less (Kroger) grocery store. Two spaces are currently available, ranging from a minimum of 1,119 square feet to a maximum contiguous space of 2,572 square feet; a total of 6,911 square feet is currently vacant. The property enjoys a prime location approximately four miles south of downtown Los Angeles, situated at the corner of Santa Fe Avenue and East Florence Avenue, a high-traffic intersection with 70,300 cars passing daily. This densely populated submarket offers significant potential for retail businesses. Within a three-mile radius, over 433,000 people reside, exhibiting an average household income of $66,000. The property's strategic location and strong anchor tenant make it an ideal opportunity for businesses seeking high visibility and a robust customer base in Los Angeles County. The multiple tenancy structure provides flexibility for various retail concepts.
Property profile
VerifiedCap rate & NOI
Current use
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Shopping Center & Mall
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Big Box & Wholesale Store Cosmetic Store
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Roofing Company General Contractor
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Zoning
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