Log In/Sign Up
Your email has been sent.
4771 Candlewood St
Lakewood, CA 90712
America's Tire · Retail Property For Sale
Investment Highlights
- Abs NNN Ground Lease with Embedded Rent Growth and Strong LTR
- Dominant Regional Trade Area
- Institutional Retail Destination: Lakewood Center
- Prime Southern California Infill Location
- High-Visibility Candlewood Street Frontage
Executive Summary
Northmarq is pleased to offer for sale to qualified investors, the opportunity to purchase a single-tenant America’s Tire property located at 4771 Candlewood Street in Lakewood, California. The Property consists of an 8,688-square-foot building and is held under a Abs NNN ground lease structure. The tenant commenced operations at this location in 2022 under a long-term lease extending through December 31, 2037, with three additional five-year renewal options remaining. The lease features contractual 10 percent rental increases every five years, providing built-in income growth over the remaining term and option periods. With nearly twelve years of lease term remaining and a service-oriented retail use, the Property offers investors durable cash flow supported by a long-term lease structure and a nationally recognized operator.
Property Facts
Sale Type
Investment
Sale Condition
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Auto Repair
Building Size
8,668 SF
Building Class
B
Year Built/Renovated
1972/2001
Price
$6,915,689 CAD
Price Per SF
$797.84 CAD
Cap Rate
4.75%
NOI
$328,495 CAD
Tenancy
Single
Building Height
1 Story
Zoning
LKC4*
Parking
93 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
256’ on Candlewood St
Amenities
- Bus Line
Property Taxes
| Parcel Number | 7170-011-031 | Improvements Assessment | $61,854 CAD |
| Land Assessment | $2,969,951 CAD | Total Assessment | $3,031,805 CAD |
Property Taxes
Parcel Number
7170-011-031
Land Assessment
$2,969,951 CAD
Improvements Assessment
$61,854 CAD
Total Assessment
$3,031,805 CAD
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
