BEVMO + FIVE GUYS SHOPS NNN CREDIT

Offering Memorandum

Offering Summary

Address

4625-4645 Candlewood Blvd
Lakewood, CA 90712

Parcel 4 Candlewood Shops @Lakewood Center

  • PRICE $11,860,362
  • NOI $622,669
  • CAP RATE 5.25%
  • SQUARE FEET 12,543
  • PRICE / SF $945

BevMo+ Five Guys & Shops

Marcus & Millichap has been selected to exclusively market for sale the fee simple interest in BevMo+Five Guys Shops, an approximate 12,543 square foot out-parcel to the Two Million Square Foot Super Regional Lakewood Center located at the signalized intersections of Lakewood Boulevard and Candlewood Streets, Lakewood, CA 90712.

The Property benefits from hard-corner visibility of the center’s primary access with powerhouse anchors including Costco, Target, The Home Depot, Albertsons, Macy’s, JCPenney, Burlington, Best Buy and 24 Hour Fitness, among many more.

Lakewood Center attracts more than 22 million consumer visits per year and is Placer.ai’s #1-ranked retail destination in California, drawing over two million more annual visits than the state’s next-busiest center. This high-profile location features a primary five mile trade area with unparalleled density, including a population of over 685,000 residents earning over $119,000 Average Household Income. In addition, the center consists of over 150 acres conveniently accessible from four of the most trafficked arterials with approximately 112,000 cars passing the center daily. In 2024 the City of Lakewood adopted a Mixed-Use Overlay implementing its Housing Element, paving the way for up to 1,000+ new residential units on and around the Lakewood Center campus, further enhancing daily footfall and long-term land value.

Credit Tenants

  • Out Parcel Shops to Lakewood Center Super Regional Destination
  • Costco, Target, Home Depot, Albertsons, Burlington, Macy’s, JC Penney, Best Buy, 24HR SuperSport
  • Institutionally Developed, Maintained & Leased
  • Triple Net Lease & Fixed CAM
  • 100% National Reliable Tenant Income

Location Map

Parcels Offered

Exclusive Listing Team

Brokerage Team

Bill Rose

Senior Managing Director - Investments
CA 01170320, NV S.019873
(760) 402-3484 Bill.Rose@marcusmillichap.com

Parker Wada

Associate - Investments
CA: 02107118
(760) 822-6094 Parker.Wada@marcusmillichap.com

Reed Hamilton

Associate - Investments
CA: 02230580
(619) 920-1099 reed.hamilton@marcusmillichap.com

Barbara Nelson

Associate - Investments
Associate - Investments
CA 02290473
(858) 396-4358 Barbara.Nelson@marcusmillichap.com

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