Contacts
Tim Steuernol
NAI Capital
(310) 878-6892
Property Details
- Property Type Retail - Freestanding
- Property Size 14,284 SF
- Units 15
- Lot Size 0.97 Acre
- Property Tenancy Multi-Tenant
- Year Built 1973
- Date Updated Feb 2, 2024
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Highlights
- Incredible Rancho Palos Verdes location on Hawthorne Blvd with Ocean Views
- First Time on the Market in over 30 Years
- 7-Eleven Anchor Tenant with just under 5-years remaining on the lease and no options
- Cell Tower Income from T-Mobile, Verizon, and AT&T
- Excellent demographics, average household income of $184,707, median home values of $1,114,094 within a 2-mile radius per Costar
- Located on a signalized corner with average daily Traffic Counts of 28,122
- Rare Investment or Owner/User offering
- Long-term tenants on short-term leases with approximately 50% upside in rents
- Priced Below Replacement Cost
- Potential to covert leases to NNN
- Office Rents at subject are averaging $1.13/SF with market rents north of $2.00
- Retail Rents at subject are averaging $1.51/SF including 7-11 with market rents over $2.00
Attachments
Getting around
-
Walk Score ®
-
Bike Score ®
Location
- City Rancho Palos Verdes, CA
- Neighborhood Rancho Palos Verdes
- Zip Code 90275
- Market Los Angeles
Points of Interest
-
Redondo Beach
8.05 miles
-
Douglas
8.70 miles
-
El Segundo
9.45 miles
-
Mariposa
9.94 miles
-
Shell
0.06 miles
-
Chevron
0.37 miles
-
Arco
0.93 miles
-
eVgo
1.11 miles
-
7-Eleven
2.30 miles
-
Chevron
2.65 miles
-
Speedway Express
2.66 miles
-
ChargePoint
2.68 miles
-
Mobil
2.70 miles
-
Shell
2.74 miles
-
Abalone Cove Shoreline Park
2.53 miles
-
West Parking Lot
2.73 miles
-
hospital parking structure
4.60 miles
-
Walgreens Parking
5.02 miles
-
gravel parking
5.20 miles
-
parking structure
5.30 miles
-
San Rafael Club House
5.68 miles
-
San Pedro Park And Ride
5.99 miles
-
Lot 6
6.03 miles
-
Hermosa Valley Parking Lot
6.07 miles
-
Inka Wasi
0.78 miles
-
Subway
0.84 miles
-
The Habit Burger Grill
0.90 miles
-
Jamba
0.97 miles
-
Dragonfly Thai
0.98 miles
-
El Pollo Inka
1.07 miles
-
Crème de la Crepe
1.09 miles
-
Big Island Eats and Shave Ice
1.09 miles
-
Good Stuff
1.11 miles
-
Ruby's Diner
1.11 miles
-
Pavilions
0.81 miles
-
TJ Maxx
0.87 miles
-
Target
0.94 miles
-
Ralphs
1.34 miles
-
Bristol Farms
1.50 miles
-
Trader Joe's
2.28 miles
-
Vons
2.56 miles
-
Sprouts Farmers Market
2.61 miles
-
Ralphs
2.70 miles
-
Trader Joe's
2.71 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Tim Steuernol
NAI Capital
(310) 878-6892