12341 Hawthorne Blvd - Storefront FOR SALE


Hawthorne, CA 90250
$1,850,000 USD
707-815-7472
12341 Hawthorne Blvd, Hawthorne, CA for Sale
$1,850,000 USD
Storefront - FOR SALE
1/20
null | Request Cap Rate

12341 Hawthorne Blvd
Hawthorne, CA 90250


HIGHLIGHTS

  • Rare Owner-User or Value-Add Opportunity: Delivered vacant, allowing for immediate occupancy or repositioning for a long-term NNN tenant.
  • Below Replacement Cost: Attractively priced at $215.12 PSF, significantly below the cost of new construction and comparable sales in the area.
  • Prime Signalized Hard Corner: Located at the intersection of Hawthorne Blvd and Broadway with exposure to over 40,000+ vehicles per day.
  • Flexible Zoning & Layout: Expansive 8,600 SF footprint with high ceilings offers potential for retail, showroom, medical office, or creative flex use.
  • Rapidly Gentrifying Submarket: Hawthorne has seen a massive influx of investment due to its central location and business-friendly environment.
  • Strong Demographics: Densely populated trade area with an average household income exceeding $108,000 within a 5-mile radius.

OVERVIEW

The Boyett Team at CBRE is pleased to present a rare opportunity to acquire 12341 Hawthorne Blvd, an approx. 8,600 square foot single-tenant retail building situated on a signalized corner in the heart of Hawthorne, CA. Offered at just $215 per square foot, this property represents an exceptional value-add opportunity for an investor or a turnkey solution for an owner-user looking to establish a flagship presence in the thriving South Bay market. Ideally situated at the northeast corner of Hawthorne Blvd and W Broadway, the property boasts excellent visibility and frontage along one of the region’s most heavily trafficked commercial corridors. The building features high ceilings, an open floor plan suitable for a variety of retail or showroom uses, and a large rear stock area. The property is C Zoned, allowing for a multitude of retail and commercial uses. Buyer to verify any specific uses with the city. This asset is strategically located just north of El Segundo Blvd and minutes from the I-405 and I-105 freeways, providing seamless connectivity to major employment hubs including SpaceX, the new Ring headquarters, and SoFi Stadium. With the property currently vacant, a new owner has the immediate ability to renovate to suit their specific needs or lease the asset at market rates to a single tenant on a Triple Net (NNN) basis, capitalizing on the area’s rapid appreciation and dense population of over 700,000 residents within a 5-mile radius.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$215 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

HAC2YY

APN/PARCEL ID

4041-001-020

ASK ABOUT THIS PROPERTY

John BoyettCBRE Boyett TeamMore Info
707-815-7472

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

John BoyettCBRE Boyett TeamMore Info
707-815-7472

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