Updated Sep 9, 2026
SOLDRetail
Newmark Brokers Sale Of Fully Occupied Retail Center In Lynwood For $10.91M
10901 Atlantic Avenue, 10927 Atlantic Avenue & 4351 East Imperial Highway
$10,909,090
$92/SF
Building Size
39,146 SF
Asset Type
Retail
Closing
Sep 1, 2026
About this deal
AI
10901-10927 Atlantic Avenue & 4351 East Imperial Highway is a retail asset located in Lynwood, CA, which encompasses a total square footage of 39,146. The facility was sold for a price of $10,909,090, reflecting a price per square foot of $279.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $10,909,090
- Square Footage: 39,146
- Price per Square Foot: $279
- Market: Lynwood, CA
- Sale Date: August 26, 2026
- Brokerage Firm: Newmark
- Broker Representatives: Glenn Rudy, Rob Ippolito & Pete Bethea
Atlantic Crossing, a retail center fully occupied with Walgreens as the anchor tenant, was marketed by Newmark. Glenn Rudy, Rob Ippolito, and Pete Bethea were responsible for overseeing the transaction.
Players
Avenue Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.45%
Cash-on-Cash
-0.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93