3100 Imperial HwyLynwood, CA 90262
- Retail properties
- 248,925 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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