CBM1’s Jason Ehrenpreis and Geoff Grossman recently completed a lease with a local dental clinic on a +/-1,754 SF end-cap unit in Van Art Square retail shopping center. Situated at the signalized intersection of Artesia Boulevard and Van Ness Avenue, the newly remodeled property boasts excellent curb appeal, high visibility on heavily traveled Artesia Boulevard, and prominent pole signage. The bustling center features a diverse mix of regional tenants and A+ national retailers, including a Starbucks Drive-Thru and a UPS Store, with the overall blend serving as a consistent consumer draw to the exceptionally well-patronized retail proper.
“‘Amazon-proof’ tenants are in HIGH demand among retail landlords,” says CBM1’s Jason Ehrenpreis, referring to retail real estate’s ongoing shift toward service-based, food-use, and experiential tenants. “And this center provides a superb example of how to build a tenant roster that’s immune to eCommerce,” Ehrenpreis adds, noting the property’s “well-balanced tenant mix,” including a nail salon, Japanese restaurant, insurance office, florist, and other service businesses specifically catering the surrounding community is a stabilizing influence that negates internet-born competition.
The impeccable location is another factor contributing to the property’s exceptional desirability. Commuters travel along Artesia Boulevard, which serves as the area’s primary connector to the nearby 91 freeway and funnels tens of thousands of area residents past the center on a daily basis. Additionally, the signalized intersection at Artesia Boulevard and Van Ness Avenue, where the center is positioned, sees a staggering 65,000+ cars per day.
For more information, contact Jason Ehrenpreis: Jason@cbm1.com | 310.231.5213 or Geoff Grossman: Geoff@cbm1.com | 310299.4224
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