A long-empty Rite Aid box on La Brea Avenue is getting a second act, and it is all about bargains. Burlington is slated to move into the former pharmacy space in a South Los Angeles shopping center, swapping out prescriptions for racks of discount apparel, home goods, and other value-focused merchandise. For neighbors, it is a clear sign that this stretch of La Brea is leaning harder into off-price retail.
According to CoStar, Burlington will take over the former Rite Aid at 3480–3550 S. La Brea Ave, with CBRE brokers Jeff Nichols, Ryan Sullivan, and Jamie Brooks marketing the listing. CoStar reported the deal on March 20, 2026, describing it as part of a broader push by value retailers to scoop up second-generation retail boxes as they come back onto the market.
The La Brea center is already anchored by a Superior Grocers at 3480 S. La Brea Ave, as confirmed on the supermarket’s own location page. Superior Grocers lists the address and highlights the grocery draw that underpins the site. The overall property is managed by The Ezralow Company/First Pointe Management, according to the owner’s online company profile.
Off-price retailers are backfilling big boxes
Across the retail landscape, landlords are not letting big boxes sit idle for long. Industry coverage shows owners actively re-leasing spaces left behind by underperforming chains to off-price players that thrive on volume and value pricing. Bisnow reports that JLL and other analysts have identified Burlington among the chains steadily taking over second-generation boxes, with recaptured anchors often helping landlords push rents higher…