10600-10624 Hawthorne Blvd - Bar FOR SALE


Inglewood, CA 90304
$5,995,000 USD
310-740-7283
10600-10624 Hawthorne Blvd, Inglewood, CA for Sale
$5,995,000 USD
Bar - FOR SALE
1/15
null | Request Cap Rate

10600-10624 Hawthorne Blvd
Inglewood, CA 90304


HIGHLIGHTS

  • 1.1 Acres Along Hawthorne Boulevard, with 254' of Frontage Along Hawthorne Boulevard and 170' on 106th Street (traffic counts 36,027 vehicles/day)
  • 4 Freestanding Structures: (Retail Strip Club - +/- 4,850sf; Retail Wood-Frame Bld. - +/-3,900sf; Warehouse Sheet Metal - +/- 4,390sf; Retail 600sf)
  • Covered Land Play with Shorter Term Leases- General Commercial C3 Use Under County of LA {$125 PSF on Land - negotiable}
  • Owner/User Can Occupy 57%, Qualifying for Potential SBA 90% Financing
  • Excellent Future Development Site - See Attachments for Allowed Uses & Requirements

OVERVIEW

Kidder Mathews is pleased to exclusively present for sale 10600 Hawthorne Boulevard. This offering is comprised of 1.1 Acres (47,639 SF) with 4 freestanding structures: Retail Strip Club - +/- 4,850sf; Retail Wood-Frame Bld. - +/-3,900sf; Warehouse Sheet Metal - +/- 4,390sf; Retail 600sf. Jet Strip Club occupies around 5,200 SF and has 3.6 years left on the Lease. The remaining Tenants are month-to month, with the exception of the two Billboards which have about 3.8 years remaining on the Lease, but it does have demo clauses. This is an excellent covered land play in the County of Los Angeles submarket known as Lennox, which is delineated by east of the 405 and north of the 105 Freeways. This strategically located property has tremendous density and traffic counts. Its Zoned C3 General Commercial, see attached for allowed uses with review and permit requirements for each allowed use. This opportunity is ideal for an Owner-User, single-tenant leased investment opportunity or a developer looking to reposition the site. Seller will negotiate with all offers presented and is motivated to make a deal. The property has excellent freeway access and is within close proximity to the 105, 405, and 10 freeways.

FOR SALE DETAILS

PRICE

$5,995,000 USD

PRICE/SF

$487 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

1.1 Acre Repositioning Site in County of LA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

ADD'L SUBTYPES

Fast Food, Freestanding, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1939

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.09 AC

LAND SF

47,693 SF

ZONING

C-3 General Commercial

APN/PARCEL ID

4034-025-018

ASK ABOUT THIS PROPERTY

Elizabeth ClarkKidder MathewsMore Info
310-740-7283

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Elizabeth ClarkKidder MathewsMore Info
310-740-7283

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.