3100 Imperial HwyLynwood, CA 90262

  • Retail properties
  • 248,925 SF
For Lease

Property Details for 3100 Imperial Hwy

Year built
1972
Construction
WOOD
Lot size
10.91 AC
Property size (Sq ft)
248,925 SF
Zone code
LYCB1*
Property type
Retail properties
Property subtype
Community centers
APN
6171-001-054
APU
6171001054

Description

Plaza Mexico, a 400,946 square foot grocery-anchored community center in Lynwood, CA (90262), offers exceptional retail opportunities. Located at 3100 E Imperial Hwy, this Class B property boasts over 1,500 feet of frontage along the busy Interstate 105, ensuring high visibility and accessibility. With a substantial 44,827 square feet of vacant space available, divisible into units ranging from 90 to 6,840 contiguous square feet, this center caters to diverse business needs. The property sits on a large 402,036 square foot lot and benefits from strong anchor tenants including Food 4 Less, Rite Aid, Planet Fitness, and La Curacao, as well as a vibrant mercado with over 200 vendors. This established center attracts nearly 6.5 million visitors annually, providing significant foot traffic and exposure for potential tenants. The surrounding area has a dense population of almost 1 million people within a 5-mile radius, creating a robust customer base. This is a prime opportunity to establish a presence in a thriving community center with proven success and high traffic volume. The property is multi-tenant and ideal for grocery shops, restaurants, and other retail businesses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $105,123,800
    6.5%
    $97,037,352
    7%
    $90,106,112
  • Comparable approach

    Method
    Valuation
    Relative Method
    $119,285,656
    Geo Method
    $119,285,656
  • Alternative Use

    Use
    Valuation
    Residential
    $81,854,640
    Hospitality
    $74,978,408
    Educational
    $62,381,156
    Medical
    $64,526,536
    Retail
    $97,037,352
3100 Imperial Hwy, Lynwood, California

Location Insight

City
Lynwood
County
Los Angeles
State
California
Latitude
33.9294
Longitude
-118.215
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$1,162,889
$32,935,800
$44,278,200
$77,214,000
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