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501 W El Segundo Boulevard, Los Angeles, CA

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501 W El Segundo Boulevard

Los Angeles, CA 90061-1172 - Hawthorne/Gardena Submarket

Property Type:Retail Sub Type:Storefront Status:Existing Year Built:2016
Building Size:6,904 SF Land Area:.47 AC (20,473 SF)
For Sale Price:$4,250,000 Price/SF:$615.59
Cap Rate:4.75 %
Parking:26 Surface spaces are available; Ratio of 3.76/1,000 SF

Sale Notes:
KW Commercial is proud to present this newly developed 6,900 SF Strip Center located on 21,243 SF C2 zoned corner lot. This center was recently constructed in 2016. The offering has excellent frontage with approximately 165 FT along El Segundo Blvd & 150 FT along Figueroa St.

This Center is fully occupied and has an excellent tenant mix which includes: 7-Eleven, Boost Mobile, Little Caesars and a Nail Salon. All tenants have signed a new NNN lease with the earliest expiring in November of 2021.

All utilities at the subject property are separately metered and are paid by the tenants directly.

The offering features approximately 26 on-site parking spaces, 2 points of ingress & egress and a monument sign at the signalized corner of El Segundo Blvd & Figueroa Ave.

This property will attract an investor looking for a brand new signalized corner Strip Center with strong national tenants and minimal management requirements.

The Subject property is located at the northwest signalized corner of El Segundo Blvd & Figueroa St. El Segundo Blvd. is considered a major commercial thoroughfare within the city of Los Angeles.

The property has great freeway access; only one block east of the 110 Freeway & 3/4 of a mile south of the 105 Freeway.

The offering is located 2 parcels east of the new Meta Housing Development, which will consist of approximately 160 units.

The immediate area provides good demographics with over 25,000 people residing within a 1-mile radius and over 280,000 people reside within a 3-mile radius.

Keller Williams Realty Westside
Omid Saleh
(310) 724-8066

David Yashar
(310) 724-8043

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