BelleFleur Centre Starbucks Chipotle w Upside 17640-17648 Bellflower Blvd 8,750 SF 100% Leased 4-Star Retail Building Bellflower, CA 90706 $16,872,749 CAD ($1,928.31 CAD/SF)

The Ovaness-Rostamian Group of Marcus & Millichap is pleased to present a newly constructed Starbucks and Chipotle Drive-Thru anchored multi-tenant retail center located along one of Bellflower's fastest-growing commercial corridors. Completed in 2024, the property offers excellent visibility, prominent signage, and convenient access, making it a premier destination for daily consumer traffic. The center features a Starbucks Drive-Thru with an 11-car stacking lane and a newly built Chipotle Drive-Thru with outdoor seating. The property is currently leased to a roster of internet-resistant, necessity-based quick-service restaurant tenants, including Starbucks, Chipotle, Wing Zone, Firehouse Subs, and Cassidy's Corner. Existing tenants operate under NNN leases, providing minimal landlord responsibilities and stable cash flow. Currently 60% occupied, the property offers significant value-add potential through the lease-up of the remaining vacant space. Ownership is providing an attractive rent credit, creating a clear path to increased income and a projected cap rate exceeding 6.27% upon stabilization. Located at a signalized intersection on Bellflower Boulevard with exposure to more than 27,000 vehicles per day and direct access to the CA-91 Freeway, the center benefits from exceptional visibility and accessibility. The surrounding corridor continues to experience substantial growth, with new developments and incoming retailers including In-N-Out Burger, Dutch Bros, Habit Burger, 7-Eleven with gas, and EV charging stations expected to further increase traffic and consumer demand. Supported by more than 680,000 residents within a five-mile radius and average household incomes exceeding $115,000, this offering presents a compelling opportunity to acquire a high-quality retail asset with both stable in-place income and meaningful upside potential.