For Sale
$3,500,000

16539 Leffingwell Rd Whittier, CA 90603

Prime Whittier retail center, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
135
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.

Highlights

  • Well-maintained retail strip center in Whittier, near La Habra.
  • 8,500 square feet with 35 parking spaces on a 0.54-acre lot.
  • Excellent location, half a block from Costco, Dollar Tree, and other national retailers, plus apartments and schools.
  • Multiple small suites ideal for quick lease-up.
  • Strong demographics: over 406,000 residents within a 5-mile radius.
  • Highly visible pylon signage.

Property Details for 16539 Leffingwell Rd

Property type
Lifestyle centers, Power centers
Square Feet
8,500 SF
Year Built/Renovated
1965/2023
Stories
1
Lot Size (sq. ft)
23,522 SF
Units
9

Location Insight

City
Whittier
County
Los Angeles
State
California
Latitude
33.931991893171
Longitude
-117.97755549853

FAQs

What type of property is this?
Lifestyle center - Prime Whittier retail center, 100% occupied.
Where is the lifestyle center located?
The property is located at 16539 Leffingwell Rd Whittier, CA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Well-maintained retail strip center in Whittier, near La Habra.; 8,500 square feet with 35 parking spaces on a 0.54-acre lot.; Excellent location, half a block from Costco, Dollar Tree, and other national retailers, plus apartments and schools.
How can I contact the broker?
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16539 Leffingwell Rd
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