Property Detail

Description

Value add opportunity with a new development or rehad existing buildings located on an ideal signalized corner. This block to block 208 x 122 - C3 lot with alley access has an existing 10,944 sf building with three tenants on a major commercial corridor within a few blocks to the South Bay Galleria's new development and the 405 freeway. There is plenty of on site parking spaces on both the north and south ends of the property with curb cuts in the front along Hawthorne and in the rear off the alley-way providing great access flexability now and for future deveolment. The property offers great street exposure wth over 40,000 vehicles a day, providing exceptional visibilty and signage on the signalized corner with existing pole signage in the lot and on the roof top of the dental building. The property borders Torrance, Redondo Beach and the Beach City communities and the 405 freeway for easy access to all of LA county and beyond. The property is souronded by strong demographics with high net income residence, high density residential properties and a flury of new commercial projects in the immediate area. Drive by's are welcome, access for the interior is limited. Offers subject to inspection are encouraged although interior inspections maybe be accomodated if requested. Property is also available as a long term ground lease at $20,000 per month NNN with annual cost of living adgustments for a long term lease - please see commercial lease listing SB26184122.