13701 Hawthorne Boulevard
7-Eleven Anchored Shopping Center | Hawthorne, CA
Marketing description
Arbor Realty Capital Advisors, Inc. (“Broker”) is pleased to exclusively present for sale a 100% occupied, 5,600 square foot 7-Eleven anchored strip center located at 13701 Hawthorne Blvd, Hawthorne, CA (the “Subject Property”). Following a recent 10-year lease extension, 7-Eleven will have occupied the Property for nearly 50 years as of 2026, demonstrating exceptional tenancy stability and underscoring the tenant’s longstanding commitment to the location and confidence in the site’s continued performance. The immediate surroundings include dense residential neighborhoods, established national retailers, and a stable, diverse consumer base, all contributing to the Property’s strong historical occupancy and long-term viability.
In addition to 7-Eleven, the Property includes two non-credit tenants currently operating on month-to-month leases at below-market rental rates, representing more than 51% of the Property’s total square footage. This creates a compelling opportunity for both investors and owner-users alike. Investors benefit from significant mark-to-market rental upside supported by the stability of a long-term corporate anchor tenant responsible for more than 50% of the Property’s current NOI, while owner-users may capitalize on the flexibility provided by the short-term tenancy structure.
Investment highlights
Nearly 50 Years of Continuous 7-Eleven Occupancy
Following a recent 10-year lease extension, 7-Eleven will have occupied the Property for nearly five decades as of 2026, demonstrating exceptional site performance, tenant commitment, and long-term operational stability.
Significant Owner User Opportunity or Mark-to-Market Rental Upside
More than 51% of the Property’s square footage is occupied by two non-credit tenants operating on month-to-month leases at below-market rents, providing investors with a clear path to increase cash flow through strategic lease-up and rent repositioning, and owner users the ability to use favorable SBA financing.
Stable In-Place Income Anchored by National Credit Tenant
7-Eleven contributes more than 50% of the current NOI, offering investors durable cash flow supported by one of the nation’s most recognized convenience store operators while allowing upside capture from the remaining tenant spaces.
High-Visibility Corner Location with Strong Demographics
Located at the signalized corner of Hawthorne Boulevard and 137th Street, the Property benefits from exposure to more than 26,000 vehicles per day and serves a dense trade area of over 276,875 residents within a three-mile radius with average household incomes exceeding $121,182.
Supply-Constrained Retail Submarket with Strong Fundamentals
According to CoStar, vacancy for strip centers under 10,000 square feet in the Hawthorne/Gardena submarket remains below 5% as of Q2 2026, reflecting strong tenant demand and limited competing inventory within the immediate market area.
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