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34183338
34183339

25501 Narbonne Avenue, Lomita, CA 90717

The Kondo Group - Compass
Listed by The Kondo Group - Compass
$1,150,000
1 day on market
Updated 1 day ago

25501 Narbonne Avenue

Details
Property Type Retail
Sub Type Restaurant
Square Footage 2,431
Units 1
Cap Rate 3.27%
NOI $37,608
Occupancy 100%
Tenancy Single
Brand/Tenant Harry's Smokehouse BBQ
Lease Type NNN
Lease Term 25
Lease Options mtm
Pro-Forma Cap Rate 4.00%
Pro-Forma NOI $45,840
Year Built 2004
Lot Size (SqFt) 5,216
Zoning LOCG
Parking Spaces 8 spaces
Parking per 1,000 SqFt 3.29
Investment Type Net Lease
Tenant Credit No Credit Rating
Ground Lease No

Retail | 3.27% CAP | 2,431 SqFt

Marketing description

Built in 2004, this well-maintained freestanding commercial property offers approximately 2,432 square feet of interior space on a 5,216-square-foot corner lot with outstanding street presence. Large storefront windows provide abundant natural light and excellent visibility, creating an inviting atmosphere for customers while maximizing exposure. Designed for efficient restaurant operations, the property is equipped with a walk-in commercial cooler, Type II fire hood with full exhaust system, multiple commercial hand sinks, floor drains for easy cleanup, and dedicated workstations with overhead pull-down power. Additional features include a spacious storage area, double-door receiving entrance, and a dedicated delivery driveway constructed with an 8-9-inch-thick concrete pad to accommodate heavy delivery trucks. The electrical system includes a 400-amp main service split into two 200-amp interior panels, providing ample capacity for commercial equipment. Two ADA-compliant restrooms, fly fans at the entry doors, a ground grease catch basin, and thoughtfully designed utility spaces further enhance the property's functionality. Ideally suited for a restaurant, food service operation, or other commercial user seeking a highly functional, purpose-built facility in a prominent corner location.

Investment highlights

NNN long term tenant

Tenant has been there 25 years and still going strong. Currently month to month and looking to create long term relationship with new owner.

Location

Signalized corner lot with up to 20,000 VPD on Narbonne close to PCH.

For questions contact listing agent

Val Mayer

Realtor® DRE# 02080171

Century 21 Coastal Properties

243 Avenida Del Norte | Redondo Beach, CA 90277

310.989.9824

or

Poul Erik Norgaard

Realtor® DRE# 02013555

Compass

323-719-8005

Listing Contacts

The Kondo Group - Compass
Listed by The Kondo Group - Compass

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$37,608.00
$3,134.00/mo

Valuation Metrics

0
DSCR
3.27%
Cap Rate
3.27%
ROI

Map

Zoning

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CG CommercialGeneral CommercialCommercial General
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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Poul Erik Norgaard
License
02013555
Brokerage
Compass
Brokerage Phone
6504374252
Title
Real Estate Agent
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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