Anaheim and Lakme

Highlights:

• Recent Capital Improvements – Roof replaced in 2022; all new HVAC units installed 2024/2025.
• Fully Leased Income Stream – 100% occupancy with a diverse and stable tenant base.
• Below-Market Rents – Significant upside potential as leases roll.
• Lease Flexibility – Short-term and month-to-month agreements allow for immediate repositioning.
• Conversion Potential – Ability to transition to NNN leases upon expirations to increase NOI.
• High-Visibility Retail Location – Prime frontage on Anaheim Street with excellent daily traffic counts.
• Versatile Zoning (C) – Broad retail use options support long-term tenant demand.
• Value-Add Upside – Ideal investment for repositioning in a strengthening Los Angeles retail market.

Description:

218–236 E Anaheim St, Wilmington, CA presents a rare opportunity to acquire a fully leased Los Angeles retail strip center in a rapidly growing submarket. This property combines stable in-place income with significant upside potential through below-market rents and expiring short-term leases, creating a classic value-add investment opportunity for commercial real estate investors.

Strategically located just minutes from the Port of Los Angeles—the busiest container port in the nation—this asset is positioned at the center of one of Southern California’s most dynamic economic hubs. The Wilmington trade area has seen a surge of investment, including the $77.3 million Wilmington Waterfront Promenade and a $412 million federal grant for zero-emission infrastructure. These projects are fueling long-term growth, increasing pedestrian activity, and improving the overall business environment.

The property features prominent street frontage along Anaheim Street, excellent visibility, and easy access to major transportation corridors. Its prime location and flexible C-zoning support strong tenant retention while creating future leasing momentum as the area continues to expand.

For investors seeking a Los Angeles retail property with immediate cash flow and long-term repositioning potential, this strip center offers an unmatched opportunity to capitalize on Wilmington’s ongoing transformation and the broader growth trajectory of the Greater Los Angeles commercial real estate market.

The property sits at 218–236 E Anaheim St, Wilmington, a highly trafficked retail corridor with direct proximity to the Port of Los Angeles, a central driver of regional commerce. The surrounding area continues to benefit from large-scale public and private investment, enhancing both economic vitality and community appeal.

Recent developments include:
1. Wilmington Waterfront Promenade ($77.3M project) – expanding public access and boosting consumer traffic.
2. Port of Los Angeles Zero-Emission Grant ($412M award) – driving sustainability and positioning Wilmington at the forefront of green infrastructure growth.

This strategic location ensures tenants benefit from strong consumer demand, steady employment drivers, and unparalleled logistical access to major highways and freeways serving Southern California.

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