Gryphon Capital was given the opportunity to work with an exciting new concept for the online retailer Amazon and help them expand in the region. Gryphon acquired this property as a vacant building on Whittier Boulevard in 2021 and redeveloped it as an Amazon Go, part of a chain of convenience stores in the United States and the United Kingdom. Gryphon then sold it in 2022.

Whittier, a city in Southern California in Los Angeles County, is part of the Gateway Cities which serve as a “gateway” between the LA and Orange counties. Southeast LA County is one of the most densely populated municipalities in the United States, notable for ethnic and age diversity.

Highlights

• Positioned along the area’s major retail and traffic corridor
• Features easy access and excellent visibility at a signalized hard corner with combined daily traffic counts exceeding 44,000 vehicles
• Surrounded by numerous national retailers including Grocery Outlet, Target, CVS Pharmacy, ALDI, Ralph’s, Trader Joe’s, Harbor Freight, Office Depot, Sprouts, Smart & Final Extra!, LA Fitness and many more
• 2023 population within three miles is 158,545 with a median age of 40 and an average household income of $120k