CBM1’s Andrea Cronin just completed a lease with a pet daycare and animal hospital on a ±2,250 SF second-floor office space fronting onto Ventura Boulevard. The business is initially launching as a pet daycare, with the eventual rollout of an animal hospital to follow. Led by seasoned operators with five thriving animal hospitals in their native Ukraine, the managing partners bring 33 years of veterinary medicine experience and nearly a decade of managing animal hospitals to their latest stateside venture.

Superbly located, the property is situated between Woodman Avenue and Hazeltine Avenue along a vibrant section of Ventura Boulevard. Soaring traffic counts – 44,000+ cars per day – are complimented by consistently heavy pedestrian foot traffic. Area residents and visitors alike are enticed by nearby dining hotspots like Taisho and Casita and the massive Ralphs Fresh Fare grocery store across the street.

“The property’s positioning along a bustling retail corridor initially attracted the tenant,” says CBM1’s Andrea Cronin, adding, “And the surrounding densely populated residential neighborhoods combined with the community’s considerable affluence convinced the partners this location was the ideal site for their business.”

For more information, Andrea Cronin at 818.380.9968 | Andrea@cbm1.com

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CBM1’s Geoff Grossman + Aaron Guido just completed a lease with Sylvan Learning Centers on a ±1,200 SF retail shop space in the Merchant Centre retail shopping center. Founded in Portland, Oregon in 1979, Sylvan Learning Centers has since grown to include over 750 locations, with international sites beyond US borders in Canada, Guam, Turkey, United Arab Emirates, Kuwait, and Vietnam. Almost entirely franchise-driven, boasting 700+ franchise-owned locations, the company reported $160 million in total revenue for 2023.

Merchant Centre is a sprawling, ±41,500+ SF multi-building commercial development combining retail and office space. Situated at the signalized intersection of Katella Avenue and California Street, the bustling center hosts a diverse mix of service and restaurant tenants, including a Farmers & Merchant’s Bank branch on the property’s hard corner.

Well-located amid a high-activity retail trade area, the property is opposite Tuskabella Center, anchored by Smart & Final, TJ Maxx, and CVS Pharmacy. Additionally, the site is a short distance from the Honda Center and Angels Stadium, home to the Anaheim Ducks hockey team and Anaheim Angels baseball team, respectively.

For more information, contact Geoff Grossman at 310.299.4224 | Geoff@cbm1.com or Aaron Guido at 714769.6117 | Aaron@cbm1.com

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CBM1’s Aaron Guido + Daniel Barriga recently completed a lease with VCA Animal Hospital ±2,900 SF retail space. The end-cap unit is situated in Beach Place, a two-story shopping center hosting retail and office tenants on Beach Boulevard, a major area thoroughfare and a local hotbed of retail activity.

Founded in Los Angeles by three former healthcare executives in 1986, VCA Animal Hospitals now operates 1,000+ clinics, with locations in 46 US states and five Canadian provinces. Acquired in 2017 by candy-maker and food conglomerate, Mars Inc, VCA was taken public and trades on NASDAQ under the ticker “WOOF.” The steadily expanding enterprise has consistently reported $5+ billion in annual revenue over the past five years.

Superbly located, Beach Place is surrounded by a bevy of popular local retail destinations. Huntington Beach Honda, a very heavily patronized neighboring Olive Garden restaurant, a Marshalls, Grocery Outlet + BevMo anchored center, and a standalone Lowes Home Improvement Center attract a consistently high volume of consumer traffic.

For more information, contact Aaron Guido: Aaron@cbm1.com | 714.769.6117 Or Daniel Barriga: Daniel@cbm1.com | 949.608.4886

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CBM1’s Jason Ehrenpreis recently completed a lease with Club Pilates on a 2,276 SF end-cap space in a massive, multi-pad shopping center situated at the signalized intersection of La Brea Avenue + Obama Boulevard in the Baldwin Hills area of South Los Angeles. Stretching an entire city block along La Brea Avenue, between Obama Boulevard and Coliseum Street, the center’s notable co-tenants include Walgreens Pharmacy, KFC, Bank of America, Subway Sandwich, Ace Cash Express, and more.

Club Pilates is an international enterprise with 1,650+ studios spanning 10 countries and 4 continents. Exclusively franchise-driven, the company has been ranked in Entrepreneur Magazine’s Franchise 500 List for eight consecutive years and included in Inc. Magazine’s annual Inc. 5000 list several times. The operation generates gross annual revenue in excess of $1 billion.

Located amid an active retail corridor, nearby A+ tenants include Superior Grocers, Ralphs Groceries, CVS, Dollar Tree, McDonalds, and Del Taco. The property is surrounded by several single-family home neighborhoods and a number of major multi-family developments, including La Brea Garden Apartments, Village Green, Bali Apartments, Ursula Apartments, and Business Apartments. These sprawling properties host tens of thousands of residents.

For more information, contact Jason Ehrenpreis: Jason@cbm1.com | 310.231.5213

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CBM1’s Aaron Guido + Daniel Barriga recently completed a lease with a local facial salon on ±1,200 SF retail space. The unit is situated in a well-maintained shopping center with excellent curb appeal on the hard corner of Beach Boulevard and Hazard Avenue, a major signalized intersection.

A small but active center immediately contiguous to a Popeye’s Chicken drive-thru and Dollar Tree discount store, the site benefits significantly from their neighboring retailer’s strong and consistent consumer traffic flow.

Well-located on an extremely high-traffic intersection, registering ±84,000 cars per day, the property offers convenient access to the nearby 405 + 22 freeways. Notable neighboring sites include Westminster Memorial Park Cemetery, Westminster Arts Academy, and Warner Middle School. The densely packed neighborhoods bordering the property to the northwest and southeast boast 185,000+ residents occupying a mix of single and multi-family homes within a 5-mile radius.

For more information, contact Aaron Guido: Aaron@cbm1.com | 714.769.6117 Or Daniel Barriga: Daniel@cbm1.com | 949.608.4886

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CBM1’s Jason Ehrenpreis recently completed a lease with Ume Tea on a +/-1,200 SF retail space formerly occupied by Chuck & Blaze hot chicken restaurant. The multi-pad shopping center, situated at the signalized intersection of Vineland Avenue and Magnolia Boulevard, is anchored by a Ralphs grocery store, and hosts several notable co-tenants, including a Carl’s Jr drive-thru, AutoZone, Subway, and Yogurtland.

Launched in Silicon Valley in 2019, Ume Tea, a boba tea café, now boasts 18 locations in three states. This includes 14 sites in California, one in Mesa, AZ, and three in Chicago, IL. The North Hollywood opening marks Ume’s second Southern California store. Currently soliciting franchising partners, Ume is looking to expand nationwide.

The center is superbly located at the epicenter of NoHo Arts District, a one square mile region with an estimated 33,000+ residents. A cultural mecca, the community is home to more than twenty professional theaters, diverse art galleries, dance studios, and the largest concentration of music recording studios west of the Mississippi. The locale is also known for a plethora of trendy eateries and cafes, including Kalaveras, EAT, the Front Yard, Urban Skillet, and more.

For more information, contact Jason Ehrenpreis: Jason@cbm1.com | 310.231.5213

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CBM1’s Aaron Guido + Daniel Barriga recently completed a lease with Take 5 Oil Change on a +/-1,800 SF freestanding automotive space on the pad of a retail shopping center. The building is situated at the front corner of the property, facing Ball Road just west of the signalized intersection at Valley View Street in prime Cypress.

Founded as Rapid Oil Change in 1984, Take 5 Oil Change revolutionized the industry in the mid-90s, opening the first “stay in your car” oil change service. Acquired by Driven Brands, a franchise facilitator, Take 5 now boasts 768 locations operating in 27 states and territories across the US and Canada, with the largest concentrations in Texas (220 locations), Florida (130 locations), and Ohio (52). The soon-to-open Cypress location marks Take 5’s second California site, following its first opening in the Northern California city of Richmond.

Superbly located, the property is directly across Ball Road from Cypress Plaza East, a Stater Bros and Hobby Lobby-anchored shopping center. The site also shares the high-traffic Ball Road + Valley View Street intersection with a Ralphs and Petco-anchored center positioned on the southeast corner. Additionally, the property is one block south of Cypress High School, with a current enrollment of 2,800+ students.

For more information, contact Aaron Guido: Aaron@cbm1.com | 714.769.6117 Or Daniel Barriga: Daniel@cbm1.com | 949.608.4886

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CBM1’s David Guardado + Brett Mero recently completed a 15-year lease with a laundromat on a +/-4,200 SF space in a retail strip center on Crenshaw Boulevard just south of the signalized intersection at Hyde Park Boulevard. The incoming tenant, a seasoned operator with extensive experience in the laundry and drycleaning businesses, is completely gutting the interior, replacing the plumbing, and will offer fluff and fold service, doing business under the trade name Deluxe Laundry Spa.

“The space [a long-time laundromat] has been vacant since the prior operator went out of business during retail’s pandemic downturn,” says CBM1’s David Guardado. The landlord initially sought alternative tenants, with sights set on higher rents. Guardado, however, educated the ownership on the reality of the situation: “Demising a 4,000+ SF space into smaller units along with installing the required bathrooms and air-conditioning is likely a $100,000+ renovation project.” Avoiding a costly out-of-pocket remodel incentivized the landlord to consider laundromat deals, ultimately paving the way for the current tenant. Guardado says, “Building out a new laundromat requires more permits, and the process is much longer than occupying a laundry already approved for operation. The city now requires an environmental impact study to open a new, ground-up laundry facility typically reserved for new retail and residential developments.” Thus, taking over an existing laundromat space also proved advantageous for the tenant.

Located in an area of South Los Angeles that’s seen significant revitalization in recent years, the property is directly across the street from two newly constructed affordable housing developments. Depot at Hyde Park is a four-story, 43-unit apartment building, and Hope on Hyde Park is another four-story, 98-unit apartment building. Both projects are clear signs of ongoing investment in the community’s urban renewal.

For more information, contact David Guardado: 818.380.9072 | DavidG@cbm1.com Or Brett Mero: 818.380.9970 | Brett@cbm1.com

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