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.
On the Map
$10,909,090
$92/SF
Retail
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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