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Crenshaw Plaza 10901 Crenshaw Blvd 9,251 SF 100% Leased Retail Building Inglewood, CA 90303 $5,091,852 CAD ($550.41 CAD/SF) 5.10% Cap Rate



Investment Highlights
- Easy to manage, 7-tenant strip center less than 1.5 miles to SoFi Stadium/Hollywood Park makes Crenshaw Plaza an ideal 1031 exchange.
- High Traffic Location with 34,171 cars driving by daily. Just minutes to the I-105 Freeway and only 4 miles to LAX.
- Anchored by Papa John's Pizza since 1999, the Property is 100% occupied by a diverse mix of restaurant, convenience and service oriented tenants.
- 6.5% Pro Forma Cap Rate - Significant Value-Add Opportunity to bring tenants up to market rents by enforcing the NNN clauses of the leases.
- Densely populated, infill Los Angeles location wtih 858,033 residents and AHHI of $106,916 within five miles.
- Known as the City of Champions, Inglewood will be hosting the 2026 World Cup, 2027 Super Bowl and 2028 Olympics.
Executive Summary
Crenshaw Plaza offers a strategic value-add opportunity to acquire a well-positioned retail center poised for long-term appreciation within the City of Inglewood – a high-growth Los Angeles submarket primed for sustained international visibility. Located just 1.5 miles to SoFi Stadium, this 100% occupied, ±8,636 SF multi-tenant strip center anchored by Papa John’s Pizza features a complimentary mix of restaurant, convenience and service-oriented tenants catering to the daily needs of the dense residential population surrounding the center. 6.5% Pro Forma Cap Rate!
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
9,251 SF
Building Class
C
Year Built
1988
Price
$5,091,852 CAD
Price Per SF
$550.41 CAD
Cap Rate
5.10%
NOI
$259,802 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.46
Lot Size
0.46 AC
Zoning
C2, Inglewood - C-2 Commercial
Parking
39 Spaces (4.22 Spaces per 1,000 SF Leased)
Frontage
Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 4031-005-020 | Improvements Assessment | $747,053 CAD |
| Land Assessment | $3,112,735 CAD | Total Assessment | $3,859,787 CAD |
Property Taxes
Parcel Number
4031-005-020
Land Assessment
$3,112,735 CAD
Improvements Assessment
$747,053 CAD
Total Assessment
$3,859,787 CAD
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Crenshaw Plaza | 10901 Crenshaw Blvd
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