Share This Listing

Message

914 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Proforma Cap: 7.73% (2027) - 9.14% (2030) 218-236 E Anaheim St 8,071 SF 100% Leased Retail Building Wilmington, CA 90744 $3,250,966 CAD ($402.80 CAD/SF)

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • 2027 Proforma Cap Rate: 7.73%
  • Recent Capital Improvements – Roof replaced in 2022; all new HVAC units installed 2024/2025.
  • 2030 Proforma Cap Rate: 9.14%
  • Fully Leased Income Stream – 100% occupancy with a diverse and stable tenant base.

EXECUTIVE SUMMARY

218–236 E Anaheim St, Wilmington, CA presents a rare opportunity to acquire a fully leased Los Angeles retail strip center in a rapidly growing submarket. This property combines stable in-place income with significant upside potential through below-market rents and expiring short-term leases, creating a classic value-add investment opportunity for commercial real estate investors.
Strategically located just minutes from the Port of Los Angeles—the busiest container port in the nation—this asset is positioned at the center of one of Southern California’s most dynamic economic hubs. The Wilmington trade area has seen a surge of investment, including the $77.3 million Wilmington Waterfront Promenade and a $412 million federal grant for zero-emission infrastructure. These projects are fueling long-term growth, increasing pedestrian activity, and improving the overall business environment.
The property features prominent street frontage along Anaheim Street, excellent visibility, and easy access to major transportation corridors. Its prime location and flexible C-zoning support strong tenant retention while creating future leasing momentum as the area continues to expand.
For investors seeking a Los Angeles retail property with immediate cash flow and long-term repositioning potential, this strip center offers an unmatched opportunity to capitalize on Wilmington’s ongoing transformation and the broader growth trajectory of the Greater Los Angeles commercial real estate market.
Location Description
The property sits at 218–236 E Anaheim St, Wilmington, a highly trafficked retail corridor with direct proximity to the Port of Los Angeles, a central driver of regional commerce. The surrounding area continues to benefit from large-scale public and private investment, enhancing both economic vitality and community appeal.
Recent developments include:
1. Wilmington Waterfront Promenade ($77.3M project) – expanding public access and boosting consumer traffic.
2. Port of Los Angeles Zero-Emission Grant ($412M award) – driving sustainability and positioning Wilmington at the forefront of green infrastructure growth.
This strategic location ensures tenants benefit from strong consumer demand, steady employment drivers, and unparalleled logistical access to major highways and freeways serving Southern California.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
8,071 SF
Building Class
C
Year Built
1924
Price
$3,250,966 CAD
Price Per SF
$402.80 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.43
Lot Size
0.43 AC
Opportunity Zone
Yes
Zoning
C2, Los Angeles
Parking
31 Spaces (3.84 Spaces per 1,000 SF Leased)
Frontage
160’ on Anaheim St

AMENITIES

  • 24 Hour Access
  • Corner Lot
  • Fenced Lot
  • Signage
  • Air Conditioning

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Avalon Barber
  • Services
  • -
  • -
  • -
  • Cita
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • Pain Clinic The
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Retailer
  • -
  • -
  • -

The Medicine Cabinet offers high-quality customer care. They have vitamins, home medical supplies, pain relievers, cold and flu medicines, durable medical equipment and over-the-counter drugs. Rest assured that all their products are of quality and effective in meeting your specific pharmaceutical needs. Because they want you to have the best customer service experience, they only employ friendly, attentive and dedicated pharmacists. They are all professionals and experienced in providing you with quality pharmaceutical services. Aside from that, to receive helpful information about your medication, they offer consultations with one of their licensed pharmacists.

  • Votum Staffing Inc
  • Administrative and Support Services
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Avalon Barber Services - - -
Cita Professional, Scientific, and Technical Services - - -
Pain Clinic The Health Care and Social Assistance - - -
Retailer - - -
Votum Staffing Inc Administrative and Support Services - - -
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Bank of America
Yoshinoya
The YMCA
Food 4 Less
Northgate Gonzalez Market
Rent-A-Center
Chase Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7423-012-004
Land Assessment
$735,690 CAD
Improvements Assessment
$39,750 CAD
Total Assessment
$775,440 CAD
  • Listing ID: 37840323

  • Date on Market: 2025-09-26

  • Last Updated:

  • Address: 218-236 E Anaheim St, Wilmington, CA 90744

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}