Prominent Owner-User Opportunity with NNN Leased Wells Fargo Branch – Hawthorne, CA
Unique opportunity for an owner-user to acquire a prominent 20,000 SF asset near the highly sought-after Hawthorne Airport area. This elevator-served office building offers surface parking and is accompanied by a top-rated NNN-leased Wells Fargo bank branch.
This appealing mid-century modern design building situated along Hawthorne Boulevard at West 136th Street, benefits from high visibility with approximately 37K vehicles passing the property each day in either direction, creating an excellent opportunity for enhancing a company’s image by enjoying prominent building signage.
Investment Highlights
Extremely Strong Performing Wells Fargo Branch
* Known as the Hawthorne Main Branch, this location has an enviable customer base with ±$249 million in deposits (according to FDIC’s Summary of Deposits).
* Investment grade NNN leased tenancy Wells Fargo (NYSE: WFC, Moody’s: Aa2) is one of the world’s largest financial institutions, generating over $125 billion in annual revenues and serving 70 million consumer relationships.
Highly Visible Neighborhood Office South Bay Location
* Located at the corner of Hawthorne Boulevard and West 136th Street, the highly accessible property benefits from direct regional access to I-105, I-405 & 110 freeways and LAX international airport (5.8M).
* Situated in the highly desirable South Bay region, with a dense population of 660K people living within a 5-mile radius of the property and average household incomes of $109K within the same area.
* Excellent Hawthorne Airport Area Adjacent Market Fundamentals | The Hawthorne Airport area is home to top companies including SpaceX, Tesla, Amazon, Astrolab, Lime, and Ring, as the area benefits from one of the deepest pools of aerospace and engineering talent in the country.