Neighborhood Center

Paramount Plaza (Paramount, CA)

Paramount Plaza (Paramount, CA) is a 95,062 SF Neighborhood Center at 15729 Downey Avenue, Paramount, CA, USA, owned by JLL & Perform Properties, with 5 tenants including Grocery Outlet, Dollar Tree, and Five Below. In the last 24 months it recorded 2 openings and 0 closings. The 10-minute drive-time population is 225,204 with a median household income of $81,245, according to Brandmarch.

Open-air·5 stores across 95,062 SF·15729 Downey Avenue, Paramount, CA, USA

Recent Activity in Last 24 months

Dates shown here are when each event was detected. Actual event may have occurred up to 30 days earlier. Next digest sends Sunday.

Opened
Five Below8447 Alondra Blvd
Opened ~Aug 2026
Showing 1-1 of 1 activities
Locations · Growth Trajectory

+2 net stores since Q4 2024

Growing tenants · 2 opens, 0 closes

About Paramount Plaza (Paramount, CA)

Paramount Plaza is a 95,062 square foot neighborhood shopping center located on Downey Avenue in Paramount, California. The center is positioned in a high-demand area along a well-traveled retail corridor with significant daily vehicle traffic and strong population density within the surrounding trade area.

Owners

JLL & Perform Properties

Demographics

Property Report

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News

Tenant Mix by Category

5 brands across 4 categories

Discount Stores
2 (40%)
Auto Service, Parts, + Tires
1 (20%)
Grocery
1 (20%)
Restaurant - QSR/Fast Food
1 (20%)

All Tenants

Grocery Outlet
Grocery Outlet
GroceryN/A
Dollar Tree
Dollar Tree
Discount StoresOct 2024
Five Below
Five Below
Discount StoresAug 2026
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See the full tenant roster and category breakdown

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