1300 Highland Ave - Retail CONDO FOR SALE


Manhattan Beach, CA 90266
$820,000 USD
310-849-9601
1300 Highland Ave, Manhattan Beach, CA for Sale
$820,000 USD
Retail CONDO - FOR SALE
1/15
null | 4.37% Cap Rate

1300 Highland Ave
Manhattan Beach, CA 90266


HIGHLIGHTS

  • Prime downtown Manhattan Beach location
  • Currently a NNN leased investment with future opportunity for an owner/user
  • Secure underground parking garage with 18 spaces

OVERVIEW

1300 Highland Shops & Work Lofts. PRIME West facing retail unit #108 in the 1300 Highland Shops & Work Lofts which is an extraordinary mixed-use complex that seamlessly blends together work and pleasure and is ideally situated among a vibrant community of forward-thinking businesses. This inspired development was artfully designed in 2009 by master architects to maximize ocean breezes and natural light. Located in the heart of downtown Manhattan Beach, the complex is just steps from the sparkling Pacific, numerous award-winning restaurants, and year-round community events. The exposed steel structure, bleached cedar cladding and individual private balconies and patios, echo the community’s modern beach homes, while its 10,000 square-foot basement with spa locker rooms, steam showers, and private storage helps you mix more play into your work day. Arrive without the hassle of street parking via an underground garage. The South Bay is the southern Silicon Beach, packed with VCs, technology startups and creatives, as well as a healthy mixture of retail and traditional professional services. This is leased investment opportunity with future potential to be owner/user.

FOR SALE DETAILS

PRICE

$820,000 USD

PRICE/SF

$2,733 USD /SF

CAP RATE

4.37%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

13,000 SF

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

MNCD

APN/PARCEL ID

4179-004-047,4179-004-048,4179-004-058

ASK ABOUT THIS PROPERTY

Mike RossiStrand Hill Christie's International Real EstateMore Info
310-849-9601

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Mike RossiStrand Hill Christie's International Real EstateMore Info
310-849-9601

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