12203 Hawthorne Blvd - Storefront FOR SALE


Hawthorne, CA 90250
$875,000 USD
310-529-2585
12203 Hawthorne Blvd, Hawthorne, CA for Sale
$875,000 USD
Storefront - FOR SALE
1/16
null | 5.4% Cap Rate

12203 Hawthorne Blvd
Hawthorne, CA 90250


OVERVIEW

Exceptional property with excellent 50 feet Hawthorne Blvd frontage visability, a 2-Unit Commercial Investment Opportunity with a Cap Rate Above 5.3 percent. Presenting an exceptional chance to own a versatile 2-unit commercial property located directly on the highly trafficked Hawthorne Boulevard, offering unparalleled visibility with daily traffic to range between 25,000 - 35,000 cars per day. The property includes a well-positioned 2,000 sq-ft. commercial building on an expansive 8,731 sq. ft. lot, with the ability to develop an additional large structure—creating immediate upside potential through increased rental income and property value. The existing tenant in the lease it is written that it will be allowed, when the Lessor/Owner is ready to build an additional building in the entry through Hawthorne Wy, (see concept building in pictures rendered) This will also be complimented with the zoning of this lot HAC2YY- a commercial zoning classification in Hawthorne, allowing retail and or restaurant uses. The build up of the property can be a restaurant or retail store. So let your building plans double the value of this property and bring double the annual rents. Current Property Highlights, Two Units: One unit will be delivered vacant—ideal for an owner-user or re-leasing at strong current market rates. The second unit is anchored by a long-term, established tenant (Pizza Hut has 329 google reviews), providing stable income and who pays all utilities plus 1/2 of the annual property tax. The lot of 8,731 sq ft is a 100% completely flat lot, ready to build. Expansion Potential: Oversized lot with space to build an additional large structure in this high traffic area between 25,000 -35,000 daily. Excellent Exposure: High-visibility frontage along Hawthorne Blvd with dual access from Hawthorne Way. Prime Location: Just minutes from Los Angeles International Airport (LAX), SoFi Stadium, and with convenient access to the 405 and 105 freeways. Great immediate strengths, and very strong potential upside, this property also offers the opportunity to own a sizeable commercial lot in Hawthorne, this is a market where values have been steadily rising—and in many cases, skyrocketing. Acquire in a corridor of growth and watch your investment—or your 1031 exchange—become one of the best decisions you make this year. We welcome all 1031 exchange, financing or cash buyers. I can also guide a buyer to a very attractive purchase loan. Call today for details.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$438 USD /SF

CAP RATE

5.4%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

HAC2YY

APN/PARCEL ID

4041-001-010

ASK ABOUT THIS PROPERTY

Luis GonzalezVista Sotheby's International RealtyMore Info
310-529-2585

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Luis GonzalezVista Sotheby's International RealtyMore Info
310-529-2585

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