11860 Whittier BlvdWhittier, CA 90601

Property Details for 11860 Whittier Blvd

Year built

2024

Lot size

0.49 AC

Property size (Sq ft)

2,149 SF

Property type

Retail properties

Property subtype

Banks

Description

This exceptional investment opportunity presents the chance to acquire two freestanding buildings totaling 2,149 square feet, fully occupied by City National Bank (S&P rating: AA-), under a brand-new 10-year NNN lease. The lease boasts a 4.60% cap rate and includes attractive 3% annual rent bumps throughout the initial term and two 5-year option periods, providing a stable and inflation-hedged income stream of $190,000 annually. Located at 11860 Whittier Blvd, Whittier, CA 90601, this property sits on a 0.49-acre lot with 24 parking spaces and benefits from a prime location in a dense retail corridor. The property is an outparcel to The Groves, a new 146,300 square foot shopping center, and enjoys excellent visibility and accessibility, situated less than 1.5 miles from Interstate 605 (257,000 VPD). The surrounding area features strong demographics, including a high average household income of $110,572 within a 5-mile radius, and is characterized by high barriers to entry for new development. The property is zoned SP (Specific Plan) and includes APN numbers 8170-040-091 and 8170-040-092. Built in 2024, this fee simple interest (land and building ownership) presents a compelling investment opportunity in a thriving Southern California retail market, anchored by national tenants such as The Home Depot, Burlington, T.J. Maxx, Ross Dress For Less, and Michaels, and adjacent to a master-planned residential community. The lease commenced December 1st, 2024, and expires November 30th, 2034.

Location Insight

City

Whittier

County

Los Angeles

State

California

Latitude

33.9777

Longitude

-118.049

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].