Multi-Tenant Retail In Vernon

Highlights:

• Rare Retail Offering in Vernon – Institutional-quality retail asset in a highly supply-constrained, industrial-dominated submarket with minimal competing inventory.
• Compelling Value-Add Opportunity – Current 56.9% occupancy provides immediate upside through lease-up of 6,079 SF, enabling meaningful NOI growth and value creation
• Durable In-Place Income – Anchored by Circle K and Trattoria No. 25, providing stable cash flow and consistent customer draw.
• Strategic Location in Dense Employment Hub – Surrounded by thousands of industrial and logistics employees, supporting strong demand for food, service, and convenience retail.
• Modern Construction / Reduced CapEx – Built in 2006 with contemporary improvements, minimizing near-term capital requirements.
• High-Visibility Corner Positioning – Signalized intersection with strong frontage along S. Santa Fe Avenue, enhancing tenant exposure and leasing appeal.
• Exceptional Parking Ratio – With a total of 98 spaces, approximately 6.9 spaces per 1,000 SF, well above typical urban retail standards.
• Attractive 1031 Exchange Opportunity – Combination of in-place income and lease-up potential offers a balanced return profile with both yield and appreciation.

Description:

Santa Fe Plaza is a rare value-add retail investment located at the signalized southwest corner of South Santa Fe Avenue and East 25th Street in Vernon, one of Southern California’s most supply-constrained industrial markets. The property consists of a modern five-tenant neighborhood shopping center totaling approximately 14,102 square feet on 1.18 acres with 98 surface parking spaces.

Built in 2006, the center offers high-quality construction with minimal deferred maintenance and strong visibility along one of Vernon’s primary commercial corridors. The property is anchored by Circle K and the long-standing Trattoria No. 25, providing stable in-place income while offering significant upside through lease-up of vacant suites and rental rate optimization.

Unlike most retail investments, Santa Fe Plaza benefits from a dense industrial employment base that generates substantial daytime demand from nearby warehouse, logistics, and manufacturing workers. The center is strategically positioned minutes from Downtown Los Angeles with immediate access to Interstates 5, 10, and 710.

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