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5227 Lakewood Blvd 29,079 SF Retail Building Lakewood, CA 90712 $17,128,567 CAD ($589.04 CAD/SF) 5.40% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Brand-New, Fully Renovated Store (Opened 2024) – Modern high quality retail build-out completed in 2024
  • Corporate-Guaranteed Lease– Leased to Savers (NYSE: SVV), the largest for-profit thrift retailer in North America with over 351 locations worldwide
  • Strong Demographics – Over 671,000 residents within a 5-mile radius with an average household income exceeding $117,000.
  • 10-Year Corporate NNN Lease – Includes two (2) five-year renewal options with 10% rent increases every five years, providing reliable and predictable
  • Strong Retail Category – The U.S. secondhand market reached approximately $50 billion in 2024, reflecting 30% year-over-year growth.
  • High Barriers to Entry – Located in a supply-constrained, infill trade area with virtually no available sites for future retail development.

EXECUTIVE SUMMARY

Kidder Mathews is pleased to exclusively offer for sale this exceptional Single-Tenant NNN opportunity leased to Savers, located at 5227 Lakewood Blvd, in the City of Lakewood, California 90712.
Savers (NYSE: SVV) is the largest for-profit thrift retailer in North America, operating over 351 locations across the United States, Canada and Australia. With annual revenue exceeding $1.65 billion, Savers continues to grow its market presence and customer base, solidifying its position as one of the fastest-growing chains in the secondhand retail sector.
The U.S secondhand market is experiencing rapid expansion, valued at approximately $50 billion in 2024, a 30% increase from the prior year. It is projected to grow to $59 billion in 2025 and reach $73 billion by 2028, with an average annual growth rate of 11%. This location opened in 2024 and is secured under a new 10-year NNN lease with two (2) five-year renewal options, featuring 10% rental increases every five years throughout the base and option periods. The lease is corporate-guaranteed, and the NNN structure provides for minimal landlord responsibilities, making this an ideal investment for a 1031 exchange or passive investor seeking dependable, long-term income.
The property consists of an approximately 29,039 square foot free standing building situated on a ±1.46 acres parcel by the high-traffic intersection of Lakewood Blvd and Del Amo Blvd-one of the busiest corners in the Southeast Los Angeles County submarket. The site is directly across the street from Lakewood Center Mall and surrounded by a strong mix of nationals retailers, including Costco, Home Depot, Target, Macy, Best Buy, Hobby Lobby, Cost Plus, Petco, Starbucks, Chick-fil-A, and Red Lobster, generating year-round consumer activity. Strategically positioned in the heart of the Southeast Los Angeles County metro area, adjacent to Long Beach and just minutes from Orange County. Lakewood offers investors access to a dense, established trade area with strong regional connectivity. The property is supported by a population of over 671,000 within
a 5 miles radius, boasting an average household income exceeding $117,000. With direct access to major Southern California arteries—including the 405, I-5, 605, and 710 Freeway—the site is just ±20 minutes away from LAX, ±20 minutes away from Downtown Los Angeles, and ±20 minutes to Orange County. This high visible, high-performing retail asset is surrounded by a dynamic mix of national retailers, commercial activity, and established residential neighborhoods, driving consistent traffic and long-term
demand.

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Building Size
29,079 SF
Building Class
B
Year Built/Renovated
2000/2024
Price
$17,128,567 CAD
Price Per SF
$589.04 CAD
Cap Rate
5.40%
NOI
$924,977 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.46
Lot Size
1.46 AC
Zoning
C4
Parking
108 Spaces (3.72 Spaces per 1,000 SF Leased)
Frontage
208’ on Lakewood Blvd

AMENITIES

  • Security System
  • Signage
  • Air Conditioning
Walk Score®
Very Walkable (82)
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

Jenny Craig
Chase Bank
Kinecta Federal Credit Union
First Bank
Stonefire Grill
Cafe Rio
Buffalo Wild Wings
Applebee's
Starbucks
Bank of America

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7155-001-014
Land Assessment
$5,493,565 CAD
Improvements Assessment
$2,922,109 CAD
Total Assessment
$8,415,674 CAD
  • Listing ID: 35917156

  • Date on Market: 2025-05-19

  • Last Updated:

  • Address: 5227 Lakewood Blvd, Lakewood, CA 90712

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