Listed by Colliers - El Segundo
$2,600,000
PCH strip center
Details
APN 7511003035
Property Type Retail
Sub Type Storefront, Shopping Center
Square Footage 4,098
Net Rentable (SqFt) 4,098
Units 6
Cap Rate 2.60%
NOI $69,977
Occupancy 100%
Tenancy Multi
Lease Type Modified
Lease Options none
Pro-Forma Cap Rate 3.71%
Pro-Forma NOI $100
Price per SqFt $695
Broker Co-Op Yes
Class B
Year Built 1955
Buildings 1
Stories 1
Lot Size (SqFt) 6,034
Zoning RBC2-PD
Parking Spaces 9 spaces
Parking Per SqFt 2.20
Investment Type Value Add
Tenant Credit No Credit Rating
Lease Commencement 04/30/2025
Occupancy Date 05/19/2025
Ground Lease No
Ownership partnership
Owner User - Value add - Desirable Location on the Avenues in Redondo
Marketing description
Location - Location - Location - South Redondo Beach on the corner of Ave E and Pacific Coast Highway, this is a prime high exposure location on the busiest street in the beach communities from Palos Verdes to Manhattan Beach and beyond.
Investment highlights
Summary
• Price: $2,600,000
• Year Built: 1955
• Square Footage (Per Title): 4,098 SF
• Price PBSF: $634.45
• Lot Size (SF): 6,033 SF
• Floors: 1
• Parking: 2:2:1000
• Zoning: RB C2-PD
• APN: 7511-003-035
Listing Contacts
Listed by Colliers - El Segundo
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$69,977.19
$5,831.43/mo
Valuation Metrics
0
DSCR
2.69%
Cap Rate
2.69%
ROI
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