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15624 Lakewood Blvd, Bellflower, CA, 90706

15624 Lakewood Blvd

$1,350,000

Key Information

$ per SF
$270
Tot. SF
5,000
Lot Size
0.27 Acres
Type
Shopping Centers

Highlights

• Prime Repositioning & Owner User Opportunity: Delivered 100% vacant in turnkey condition, the property offers an incoming investor or owner user an immediate path to value creation on Day 1. Comprising approximately 5,000 SF of versatile space equipped with secure gated parking and three grade level roll up doors, the highly functional layout seamlessly accommodates a broad spectrum of commercial uses, including last mile distribution, medical/healthcare, and destination retail.
• High Exposure Commercial Corridor: Prominently situated at the high traffic nexus of Alondra Boulevard and Lakewood Boulevard, exposing the asset to more than ±48,825 vehicles per day (VPD), the site commands exceptional vehicular visibility and steady daily consumer traffic in the heart of Bellflower.
• Surrounded by Proven Retailers & Regional Anchors: The asset benefits from a prime position within an established, high density retail hub powered by significant daily needs foot traffic and strong municipal employment drivers. Prominent nearby credit tenants and economic engines include Kaiser Permanente Downey Medical Center, UCI Health, DaVita, Superior Grocers, CVS, AutoZone, McDonald’s, Starbucks, and Dollar Tree.
• Attractive Basis: Offered at an attractive price of approximately $270 PSF, the property is positioned below the average of $304 PSF for comparable properties within a five-mile radius, providing investors with a compelling entry point. Additionally, with market rental rates in the surrounding area starting at approximately $20 PSF, the asset offers significant cash flow potential and value-add opportunities through strategic re-tenanting or owner occupancy.
• Substantial Infrastructure Investment: Bellflower is actively driving commercial demand, backed by $6.21 million in municipal capital deployed specifically to acquire downtown real estate and revitalize its primary business corridors. Positioned to capture immense upside, this property benefits directly from a city actively funding infrastructure, streamlining online permitting, and building out the new Clark Avenue Arts District overlay.

Photos

Location

Agents

Broker of Record

David Harrington

License # 01320460, 02168060 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245