For Sale
$4,130,000

11860 Whittier BlvdWhittier, CA 90601

2,419 SF Retail Building

Overview

Added:
Jan 23
Days on market:
71
SRS Capital Markets is pleased to offer the opportunity to acquire the fee simple interest in two freestanding buildings fully occupied by City National Bank, an investment-grade tenant rated AA- by S&P. The lease features a brand new 10-year NNN lease with rare 3% annual increases throughout the initial term and option periods, providing a stable income stream and hedging against inflation. City National Bank has the option to extend the lease for two additional 5-year periods, further demonstrating their commitment to the site.

Located near intersection of Whittier Blvd and Sorensen Ave, this prime Southern California retail opportunity is situated less than 1.5 miles southeast of Interstate 605, which experiences 257,000 vehicles per day, enhancing accessibility for both tenants and consumers. The property is an outparcel to The Groves, a brand new 146,300 SF shopping center anchored by Stater Bros. and EoS Fitness, and is located within a dense, infill trade area with high barriers to entry for new development. The immediate trade area is supported by nearly 441,468 residents and 175,357 employees, with an affluent average household income of $110,572. The property’s premier location within a strong retail corridor featuring national tenants such as The Home Depot, Burlington, T.J. Maxx, Ross Dress For Less, and Michaels, combined with its adjacency to The Groves Whittier master planned residential community, ensures strong tenant synergy and high consumer draw.

Highlights

  • City National Bank (S&P: AA-) Fully Occupied | New 10 Year NNN Lease | 3% Annual Increases Outparcel to The Groves | Dense Retail Corridor | Strong National/Credit Tenant Presence Adjacent to Master Planned Residential Development | Strong Demographics in 5-Mile Trade Area Nearby Access to Interstate 605 (257,000 VPD) Southern California Retail Opportunity | Premier Location Within High Barriers to Entry Market

Property Details for 11860 Whittier Blvd

Property type
Retail properties, Bank owned properties
Square Feet
2,419 SF
Price / Square Foot
$1,707.32
Year Built
2024
Buildings
1
Stories
1
Total Parking Spaces
24
Elevators
N/A
Lot Size (sq. ft)
21,344 SF
Net Operating Income
$190,000

Location Insight

City
Whittier
County
State
California

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
11860 Whittier Blvd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message