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4333 Candlewood St
Lakewood, CA 90712

$15,972,000 USD

Restaurant For Sale  •  14,600 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 14,600 SF
  • Building Class C
  • Year Built 1974
  • Tenancy Single
  • Zoning LKC1*
50 Transit Score
70 Walk Score

Highlights

Proven Retail Strip Center – ±14,600 SF, 100% occupied retail strip center located at the high-traffic intersection of Candlewood St and Lakewood Blvd
Outstanding Historical Occupancy – All three tenants have occupied the center for over 20 years
Stable Cash Flow with Strong Income Growth – The NOI is projected to increase by more than $305,000 (±34%) over 10 yr projected hold period
Convenient Access, Significant Frontage – Over 200 feet of frontage along Candlewood St (±22,300 CPD), with easy access to Lakewood Blvd
Point of Destination Location – Part of the larger Lakewood Center, anchored by Target, Costco, The Home Depot, Albertsons and more

Amenities

  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Norwalk/Santa Fe Springs (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 17 min - 9.0 mi
AirportDriveWalkDistance
Long Beach (Daugherty Field) 10 min - 4.6 mi
Los Angeles International 32 min - 21.7 mi
John Wayne/Orange County 32 min - 23.0 mi
Erin Smith 949-725-8582 CBRE
Erin Smith 949-725-8582 CBRE