Description

Bloomfield Plaza is a 6,540 SF street retail owner/user or investor opportunity strategically located in the City of Lakewood within the South Bay market. The City of Lakewood is an affluent Los Angeles Submarket that has ideal proximity to both residential and commercial density which ensures the property is busy during all times of the day, every day of the week. With approximately 20 parking stalls the property has a 3:1,000 parking ratio. Bloomfield Plaza is located on the corner of Bloomfield Ave (15,910 vehicles per day) and Centralia St (13,154 VPD) and situated between Del Amo Ave (24,495 vehicles per day) and Lincoln Ave (22,115 VPD) for a total of over 75,000+ VPD). Traditional, linear configuration are conducive to high occupancy, optimal rents and low tenant improvement costs over the term of ownership keeping capital expenditures to a minimum. Bloomfield Plaza will be marketed free and clear of any existing financing, creating anopportunity to place creative financing, including seller financing, tailored to an investor's or owner users desired hold period and risk profile to further enhance returns.