11860 Whittier BlvdWhittier, CA 90601

Property Details for 11860 Whittier Blvd

Year built

2024

Property type

Retail properties

Property subtype

Bank owned properties

Description

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.

Location Insight

City

Whittier

County

State

California

Latitude

33.9829

Longitude

-118.054

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].