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1001 N Central Ave, Compton, CA, 90222

Walmart Spark Shop

$7,707,760

Key Information

Cap Rate
5%
$ per SF
$460
Lot Size
1.84 Acres
Year Built
1999
Term Remaining
± 10 Years
Type
Retail
Occupancy
100%
NOI
$385,388
Leasable Area
16,756

Highlights

• New 10-Year Walmart Lease – The property is secured by a new 10-year lease with Walmart Inc., providing investors with long-term, predictable income from one of the world’s largest and most financially secure retailers. The lease includes three additional five-year renewal options, creating the potential for up to 25 years of occupancy.
• Strategic Walmart Last-Mile Delivery Facility Walmart selected the property as part of its expanding network of smaller, neighborhood-level delivery facilities designed to improve delivery speeds and bring inventory closer to customers. The concept repurposes strategically located former drugstores into localized fulfillment hubs, positioning the property within Walmart’s continued investment in e-commerce and last-mile delivery infrastructure.
• Corporate Lease with Investment-Grade Walmart The lease is directly with Walmart Inc., an investment-grade company with credit ratings of AA/Aa2 and fiscal 2026 revenue of approximately $713 billion. Walmart serves approximately 280 million customers and members each week across more than 10,900 stores and numerous e-commerce platforms, providing investors with exceptional credit-backed income.
• Dense Infill Los Angeles Location The property is located in a densely populated infill market approximately 12 miles south of Downtown Los Angeles, with an estimated population of more than 260,000 residents within three miles and roughly 800,000 residents within five miles. The surrounding density provides Walmart with direct access to a substantial customer base and is particularly well suited for a last-mile delivery operation dependent on proximity to consumers.
• Signalized Hard-Corner Positioning The property is prominently situated at the signalized intersection of North Central Avenue and West Rosecrans Avenue, two established thoroughfares serving Compton and the surrounding South Los Angeles communities. The location offers strong visibility, convenient ingress and egress, and direct access to the area’s dense residential neighborhoods.
• Strategic Southern California Connectivity – The property benefits from proximity to Interstates 105 and 110 and State Route 91, as well as Downtown Los Angeles and the Ports of Los Angeles and Long Beach. This central positioning provides efficient connectivity throughout Los Angeles County and supports Walmart’s ability to serve customers across one of the country’s largest and most densely populated metropolitan markets.
• Large, Adaptable Underlying Parcel – The property consists of an approximately 16,756-square-foot building situated on 1.84 acres and features existing drive-thru infrastructure, surface parking, and multiple points of access. The low building-to-land ratio and established commercial improvements provide meaningful underlying real estate value and long-term adaptability within a land-constrained Los Angeles infill market.

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