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30958028
30958029

16424 Hawthorne Blvd, Lawndale, CA 90260 For Sale

TG
CA 02190756
Kidder Mathews El Segundo
Kidder Mathews El Segundo
Listed by Kidder Mathews El Segundo
$2,450,000
134 days on market
Updated 75 days ago

16414-16424 Hawthorne Blvd. Lawndale, CA 90260

Details
APN 4075-007-006, 4075-007-007, 4075-007-008
Property Type Office, Retail
Sub Type Storefront, Traditional Office
Square Footage 10,844
Net Rentable (SqFt) 10,844
Units 2
Tenancy Vacant
Lease Type NNN
Price per SqFt $226
Broker Co-Op Yes
Class A
Year Built 1948
Year Renovated 1972
Buildings 2
Stories 1
Acreage 0.360
Zoning LNC3YY
Ownership Fee-Simple
Sale Condition For sale by owner

Trophy Retail Owner-User Opportunity | 10,844 SqFt

Marketing description

Kidder Mathews is pleased to offer a generational owner-user or investment opportunity positioned along one of the South Bay’s premier retail corridors. 16414-16424 Hawthorne Blvd. is an exceptional retail property comprising two buildings totaling 10,844/SF. The flexible, open floor plan provides owner-users, investors, and developers with a compelling opportunity to reposition this high-visibility retail asset.

Investment highlights

  • Owner-user retail opportunity, as well as a value-add deal for ownership to lease the vacant space at market rent.

  • The Pro-Forma Cap rate is assuming a year 2 rent of $20.00 or $1.67/SF NNN not including (tenant improvements/downtime/ capital expenditures etc.).

  • Situated in a dynamic, high-density area, the property is perfect for a diverse mix of retailers and property owners interested in joining a fast growing community.

  • Proximity to major thoroughfares and strong local economy ensuring consistent demand on one of the South Bay’s busiest corridors.

  • Ample square footage, street front visibility and flexible space configurations offers significant upside for investors looking to capitalize on the value-add opportunity in Lawndale’s most affluent area.

Listing Contacts

TG
CA 02190756
Kidder Mathews El Segundo
Kidder Mathews El Segundo
Listed by Kidder Mathews El Segundo

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