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4634 Candlewood St
Lakewood, CA 90712

$8,442,000 USD

Restaurant For Sale  •  4,014 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 4,634 SF
  • Building Class B
  • Year Built 1951
  • Tenancy Single
  • Zoning C-4 General Commercial
40 Transit Score
70 Walk Score

Highlights

Long Term Ground Lease – Raising Cane’s @ Lakewood Center operates on a 15-year Ground Lease (March 2033 expiration)
Iconic National Brand – Raising Cane’s operates over 1,000 locations across 43 states & generates approximately $5 billion in annual system-wide sales
Top-Performing Location with Reported Sales – This Raising Cane’s location generated over $10.5M in annual sales in 2025 (+$2,600 PSF)
10% Scheduled Rental Increases – The lease is structured with 10% rental increases every 5 years
Purpose Built, Drive-Thru Configuration – High-quality, purpose-built drive-thru property developed by Raising Cane’s in 2017
Convenient Access, Significant Frontage – Over 235 feet of frontage along Candlewood St (±22,300 CPD)

Amenities

  • Bus Line

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 - 9.2 mi
AirportDriveWalkDistance
Long Beach (Daugherty Field) 11 min - 4.8 mi
Los Angeles International 33 min - 21.9 mi
John Wayne/Orange County 33 min - 23.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 43
Type: Surface
Included in Rent: Yes
Erin Smith 949-725-8582 CBRE
Erin Smith 949-725-8582 CBRE