Investment Overview

Marcus & Millichap is pleased to present West Downey Plaza, a strategically located multi-tenant strip center in the heart of Downey, California. Positioned at the signalized intersection of Firestone Boulevard and Old River School Road (74,586 combined vehicles per day), the property benefits from exceptional visibility, multiple access points, and proximity to Interstate 105, 710, 5 and Interstate 605. West Downey Plaza consists of approximately 48,440 feet of rentable building area on a 135,980 square-foot lot, with 187 dedicated parking spaces. The center is currently 59 percent occupied and leased entirely on gross lease terms with 35 percent of existing tenants month-to-month, presenting a rare value-add opportunity for investors to reposition the property by bringing rents to market. The property enjoys proximity to major shopping destinations, including Downey Landing Shopping Center (383,177 Square Feet), The Promenade at Downey (607,482 Square Feet), and El Paseo Shopping Center (291,469 Square Feet). Additionally, the immediate trade area (Firestone Corridor) is supported by a robust mix of national credit tenants like Home Depot, Downey Nissan, Porto’s Cuban Bakery, the Stonewood Mall, In N out and more, further driving consumer traffic and demand. The boulevard offers retail, office, restaurant, service and a variety of commercial uses. Along with the retail and industrial synergies around the site the surrounding demographics are strong, with a five-mile population exceeding 785,000 residents and an average household income of $88,321, underscoring the site’s long-term growth potential and attractive retail fundamentals.