10901 Crenshaw Blvd - Storefront FOR SALE


Inglewood, CA 90303
$3,725,000 USD
714-922-5916
10901 Crenshaw Blvd, Inglewood, CA for Sale
$3,725,000 USD
Storefront - FOR SALE
1/11
null | 5.1% Cap Rate

10901 Crenshaw Blvd
Inglewood, CA 90303


HIGHLIGHTS

  • Easy to manage, 7-tenant strip center less than 1.5 miles to SoFi Stadium/Hollywood Park makes Crenshaw Plaza an ideal 1031 exchange.
  • 6.5% Pro Forma Cap Rate - Significant Value-Add Opportunity to bring tenants up to market rents by enforcing the NNN clauses of the leases.
  • High Traffic Location with 34,171 cars driving by daily. Just minutes to the I-105 Freeway and only 4 miles to LAX.
  • Densely populated, infill Los Angeles location wtih 858,033 residents and AHHI of $106,916 within five miles.
  • Anchored by Papa John's Pizza since 1999, the Property is 100% occupied by a diverse mix of restaurant, convenience and service oriented tenants.
  • Known as the City of Champions, Inglewood will be hosting the 2026 World Cup, 2027 Super Bowl and 2028 Olympics.

OVERVIEW

Crenshaw Plaza offers a strategic value-add opportunity to acquire a well-positioned retail center poised for long-term appreciation within the City of Inglewood – a high-growth Los Angeles submarket primed for sustained international visibility. Located just 1.5 miles to SoFi Stadium, this 100% occupied, ±8,636 SF multi-tenant strip center anchored by Papa John’s Pizza features a complimentary mix of restaurant, convenience and service-oriented tenants catering to the daily needs of the dense residential population surrounding the center. 6.5% Pro Forma Cap Rate!

FOR SALE DETAILS

PRICE

$3,725,000 USD

PRICE/SF

$403 USD /SF

CAP RATE

5.1%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Crenshaw Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

39

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

C2, Inglewood

APN/PARCEL ID

4031-005-020

ASK ABOUT THIS PROPERTY

Justin MarloweCBRE, Inc.More Info
714-922-5916

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

Justin MarloweCBRE, Inc.More Info
714-922-5916

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