21501 HAWTHORNE BLVD Torrance CA 90503-6601

The Newmark Capital Markets team is pleased to present qualified investors this rare opportunity to acquire Del Amo Crossings, a 51,848 SF retail center located at 21501 & 21503 Hawthorne Boulevard in the City of Torrance, California.

Del Amo Crossings is anchored by a 45,808 square foot “state of the art” 24 Hour Fitness that is one of their most frequently visited locations in the country according to Placer.ai. In addition, the project features a pad building with Urban Plates and First Bank.

The center is part of the 367,789 square foot Del Amo Crossings office campus located across the street from the 2.5 million square foot Del Amo Fashion Center, one of the largest malls in the country.

In addition to a “best-in-class” health club, Del Amo Crossings offers an unparalleled location, new construction, and an attractive aesthetic design. Hawthorne Boulevard is the dominant retail corridor in the South Bay, one of the premier retail addresses in Los Angeles County.

Torrance continues to be one of the most dynamic retail submarkets in Los Angeles County fueled by a dense and affluent population base including the communities of Palos Verdes and the Beach Cities. The daytime demographics are also impressive with major employers such as Honda, Torrance Memorial, and Honeywell all in close proximity. The average household income in the city of Torrance is in excess of $126,000 per year.

Del Amo Crossings offers investors the opportunity to acquire a dominant fitness anchored center in one of the top retail submarkets in Los Angeles Country.

Stable & Secure Income Stream

• The Property has nearly 10 years of WALT, providing investors long term stability

• All buildings are new and were built ground up in 2018/2019, requiring no near term capital expenditures

• This 24 Hour Fitness location ranks in the top 3 most visited in their chain nationally

• Urban Plates opened as one of the top stores in their chain and benefits from the tremendous daytime population of the Torrance sub-market

Best-in-Class Tenants

• Considered one of 24 Hour Fitness’s top locations in Los Angeles with over 1.1 million visits in the last 12 months (Placer.ai). This location ranks #3 out of 238 24 Hour Fitness locations nationwide.

• The 24 Hour Fitness facility was constructed in 2018 as a flagship location and has 12 years remaining on the primary lease term.

• Urban Plates operates seventeen stores in some of California’s wealthiest trade areas. In addition to Torrance, Urban Plates operates in Manhattan Beach, La Jolla, Pasadena, Long Beach, Thousand Oaks, Dublin, Playa Vista, Carlsbad, Irvine, Sunnyvale, and Del Mar.

• First Bank has grown to be one of the largest privately held banks in the country during its storied 100-year history. With over $6.8 billion in assets, First Bank prides itself as an independent, family-owned bank, while pursuing innovative ways to support their client’s expectations.

Prominent, High Identity Location

• Prominently located within Del Amo Crossings, a 367,789 square foot retail and office park located on the signalized corner of Hawthorne Boulevard and Del Amo Circle.

• Located directly across from the 6th largest mall in the United States, Del Amo Fashion Center, a 2.5 million square foot regional mall anchored by a flagship Nordstrom. Del Amo Fashion Center had over 11.4 million visits in the last 12 months, ranking it #1 out of 617 Super-Regional Malls in the United States.

Core South Bay Los Angeles Location

• The South Bay submarket is one of the strongest retail markets in Los Angeles with tenants operating top tier stores within their respective categories.

• Hawthorne Boulevard is the primary South Bay commercial corridor carrying over 69,000 VPD and connecting the South Bay markets of Palos Verdes Peninsula, Redondo Beach, Torrance, and Hawthorne.

Dense & Affluent Trade Area

• 31,296 residents with an AHHI of $134,957 live within 1-mile

• 213,366 residents with an AHHI of $159,269 live within 3-mile

• 510,432 residents with an AHHI of $153,480 live within 5-mile