Downey, CA - Shoe Palace Listing Details & Market Data

8027 Firestone Boulevard, Downey, CA 90241

  • For Sale $3,738,000
  • Property Type Retail - Freestanding
  • Property Size 5,386 SF
  • Property Tenancy Single Tenant
  • Year Built 1949
  • Year Renovated 2018
  • Date Updated Oct 6, 2022
Shoe Palace is located at the signalized, hard corner intersection of firestone Blvd and Paramount Blvd, serving a combined 70,000 vehicles per day. Located in a dense retail corridor, Shoe Place is within close proximity to multiple national/credit tenants including Walmart Supercenter, Target, Sams Club, Big Lots, Home Depot, and Bed Bath & Beyond. Strong tenant synergy increases consumer draw to the immediate trade and promotes crossover store exposure to the site. Furthermore, the asset is located just two miles south of The Promenade at Downey, a 77-acre 656,000-square-foot retail power center anchored by a Walmart Supercenter and 24-Hour Fitness, further increasing consumer draw to the subject trade area. Moreover, the site is ideally positioned between Warren Highschool (3,592 students) and PIH Health Downey Hospital (199 beds), futher increasing consumer traffic to the site. The 5-mile subject trade area is supported by more than 790,000 residents and 257,000 daytime employees. Residents within a 1-mile radius earn an average income of over $88,000.
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Location

Getting Around

  • Walk Score ® Very Walkable (88)
  • Bike Score ® Bikeable (54)
Powered by Walk Score ®
  • City Downey, CA
  • Neighborhood Downey
  • Zip Code 90241
  • Market Los Angeles

Points of Interest

Firestone

6.21 miles

East Los Angeles Civic Center

6.44 miles

Maravilla

6.53 miles

Indiana

7.09 miles

Avalon

7.43 miles

Del Amo

7.80 miles

Soto Station

8.16 miles

Mariachi Plaza

8.65 miles

Mariachi Plaza Metro Station Entrance

8.65 miles

Vermont/Athens

8.94 miles

76

0.03 miles

GasEnGo

1.56 miles

76

5.23 miles

76

5.26 miles

Arco

5.50 miles

Chevron

5.74 miles

eVgo

5.97 miles

Shell

6.87 miles

Vons gas #1638

7.57 miles

Shell

7.84 miles

parking structure

2.72 miles

Parking structure

4.20 miles

Faculty parking

7.38 miles

Parking Lot M - Biola University

7.52 miles

Parking Lot R

7.56 miles

Lot N

7.82 miles

Joe's Parking

9.47 miles

Lot 6

9.73 miles

Broadway Spring Center

9.77 miles

Visitor Parking

9.81 miles

Jim's Burgers

0.85 miles

McDonald's

1.71 miles

Ono Hawaiian BBQ

2.79 miles

Panera Bread

4.46 miles

Culinary Arts Cafe

4.54 miles

Five Guys

6.36 miles

Blackstone Cafe

7.47 miles

Heritage Coffee Shop

7.72 miles

Charbroiled Burgers

7.90 miles

Subway

8.30 miles

Stonewood Center

1.10 miles

Walmart Supercenter

1.35 miles

Curacao

1.64 miles

Walmart Supercenter

2.82 miles

600-662

4.56 miles

Walmart Supercenter

5.01 miles

Los Cerritos Center

6.07 miles

Fallas

6.23 miles

Lakewood Center Mall

6.37 miles

Target

6.42 miles

Contacts

broker

Matthew Mousavi

Newport Beach

(949) 698-1116

Contact Listing Broker

broker

Matthew Mousavi

Newport Beach

(949) 698-1116

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