Crenshaw Plaza (2025)

JLL has been exclusively retained by Ownership to offer qualified investors the opportunity to acquire Crenshaw Plaza, a 141,747 SF grocery-anchored neighborhood center in Los Angeles, California. This 92.5% leased asset offers a rare opportunity in a dense, supply-constrained market with 373,100 residents within 3 miles. Located adjacent to the LAX Light Rail Transit Line, the property features a diverse mix of national and credit-worthy tenants, including Vallarta (Brand New Lease), Planet Fitness (Brand New Lease), Foot Locker, Ono Hawaiian BBQ, Wells Fargo, and Burger King. Recent leasing activity and a 9.8-year weighted average lease term ensure strong cash flow, while below-market rents provide growth potential. With 85% of square footage leased to national or regional credit tenants, Crenshaw Plaza offers stability and upside.