Retail Business for Sale in Los Angeles, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Los Angeles, CA 90008

Description

Densely Populated Trade Area: approximately 600,000 people live within a five mile radius in the Baldwin Hills submarket Affluent Neighborhood: Baldwin Hills is an upscale Los Angeles area known as one of the wealthiest African American communities in the country Transit Oriented Development: adjacent to the New Crenshaw/LAX Light Rail Line currently under construction Dominant Multi-Anchor Retail Center: Baldwin Hills Crenshaw is an established regional mall serving as the primary daily needs and proportional retail center in the trade area Extensive Updating: Baldwin Hills Crenshaw underwent a comprehensive $35 million renovation which was completed in 2011

Market Context

This retail in Los Angeles, CA is listed for sale. It has been on the market for 148 days. Compare it against other retail listings for sale in Los Angeles, CA — <a href="/search/sale/retail/california/los-angeles">view the full market</a>.

As of Q3 2023, the Greater Los Angeles retail market showed rents up 0.5% year over year, and cap rates around 5.0%. Source: Consensus Q3 2023 market report.

Retail market FAQ

What is the typical cap rate for retail in Greater Los Angeles?
About 5.0% as of Q3 2023, per Consensus.

Unified Estimate

Medium Confidence

$319.47/SF – $432.23/SF

Mid: $375.85/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

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