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16805 Prairie Avenue, Lawndale, CA

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16805 Prairie Avenue

Lawndale, CA 90260-3009 - Hawthorne/Gardena Submarket

Property Type:Retail Sub Type:Storefront Status:Existing Year Built:1952
Building Size:1,500 SF Land Area:.06 AC (2,614 SF)
For Sale Price:$519,000 Price/SF:$346.00
Cap Rate:4.50 %

Sale Notes:
- Owner user or investment
- Great Exposure on Prairie Ave
- Access to 405 Fwy in less than a minute
- Parking in the back
- Alley access from rear
- Currently operated as a bar
- Rent: $1,900 / month
- This is a modified gross lease
- Lease expires at OCT/2016
- Roof replaced in 2011
- Building has security and alarm

Single story building ideal for an owner user or investor looking for an opportunity with upside potential. The property is currently used as a bar and offers many other potential possibilities. The property has approximately five parking stalls in the rear of the building. It offers excellent opportunity for highly visible signage. Situated on Prairie Ave just North of the Redondo Beach Blvd with quick access to 405 FWY with very Strong traffic count. This is a wonderful opportunity for the right buyer.

Caskey & Caskey Commercial
Mo Sharifi
(310) 374-1800

Mo Sharifi
(310) 374-1800

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