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Del Amo Metro 5900-5912 Del Amo Blvd 5,012 SF 100% Leased Retail Building Lakewood, CA 90713 $7,525,650 CAD ($1,501.53 CAD/SF) 5.05% Cap Rate
Investment Highlights
- Starbucks anchored shopping center
- Upward trending demographics & average household income over $128,736 within 1 mile radius
- High traffic intersection with around 60,000 cars per day
Executive Summary
Michelle Chen of Pacific Sterling Realty is pleased to offer the fee-simple sale of Del Amo Shopping Center, a Starbucks-anchored retail property located at the highly visible southeast corner of Del Amo Boulevard and Woodruff Boulevard in Lakewood, California.
The property features an easily accessible drive-thru and is positioned within a dense, established suburban neighborhood. The local community widely recognizes Del Amo Shopping Center as a convenient destination for coffee, food, and specialty services.
Starbucks has successfully operated at this location since 2006, reflecting the strength of the location, consistent consumer traffic, and long-term tenant performance.
The property features an easily accessible drive-thru and is positioned within a dense, established suburban neighborhood. The local community widely recognizes Del Amo Shopping Center as a convenient destination for coffee, food, and specialty services.
Starbucks has successfully operated at this location since 2006, reflecting the strength of the location, consistent consumer traffic, and long-term tenant performance.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,012 SF
Building Class
B
Year Built
2005
Price
$7,525,650 CAD
Price Per SF
$1,501.53 CAD
Cap Rate
5.05%
NOI
$380,070 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
11’
Building FAR
0.23
Lot Size
0.51 AC
Zoning
LKC3YY
Parking
31 Spaces (6.19 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
- Drive Thru
Walk Score®
Very Walkable (72)
Nearby Major Retailers
Property Taxes
| Parcel Number | 7176-025-013 | Improvements Assessment | $3,218,317 CAD |
| Land Assessment | $3,978,370 CAD | Total Assessment | $7,196,687 CAD |
Property Taxes
Parcel Number
7176-025-013
Land Assessment
$3,978,370 CAD
Improvements Assessment
$3,218,317 CAD
Total Assessment
$7,196,687 CAD
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Del Amo Metro | 5900-5912 Del Amo Blvd
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