19140 S Main Street, Carson, CA
Land | 29.7 acres
Marketing description
CBRE, Inc. is pleased to announce the availability of a landmark in South Bay, the Goodyear Blimp Site. Located on the I-405 freeway, this 30-acre site is one of the last remaining large land sites in the area.
Goodyear (NASDAQ – GT), a well-regarded tenant with strong financials, will do a short term lease back with option to extend on the land, giving the buyer time to plan for the redevelopment.
This iconic site is located right off I-405 with excellent freeway visibility but also it is near the 91 and I-110. This prime location positions the building within 15 and 12 miles of the Ports of Los Angeles/Long Beach and the Los Angeles International Airport, which are essential to servicing Southern California. The site offers high traffic counts, providing excellent branding for multiple uses with approximately 300,000 cars driving by the site daily.
The site was a landfill so potential uses for the development would need to take this into account. There is a Due Diligence war room available once a confidentiality agreement is signed with additional information on the site.
Investment highlights
Well Recognized and Iconic location for The Goodyear Blimp
Immediate Access to the I-405, 91 and I-110 freeways, Ports of Los Angeles and Long Beach and Los Angeles International Airport
Strong Market Fundamentals - Low vacancy rates and limited new land available
Short Term Leaseback offers near term cash flow as the site gets entitled
Critical Mass with approximately 30 acres with I-405 freeway visibility
Proximity to Affluent South Bay Population Over 2.5 Million people within 10 miles
Immediate Blue-Chip Neighbors include Pepsi, Amazon, Porshe, General Mills, FedEx, DHL, Home Depot, Divergent, Simplehuman USA, Sumitomo, Citizen Watch, Toyota, Kuehne Nagel, PUMA, Northrop
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