Investment Highlights:
Fully Leased Retail Center: 12,000 SF retail center with a strong mix of established tenants, including retail, restaurant, and healthcare businesses.
Solid Cash Flow: The property currently generates over $425,000 in annual net operating income, offering a stable and consistent cash flow.
Attractive CAP Rate: With in-place income, the property delivers a 6.5% CAP rate, providing a strong return on investment.
Diversified Tenant Base: Long-term leases in place with high-quality tenants, ensuring stability and resilience to market fluctuations.
Prime Location: Situated in a high-traffic area with excellent visibility and accessibility, benefiting from an average daily traffic count of 56,000 vehicles.
Property Features:
Total Size: 12,000 SF
Lot Size: 0.81 acres
Ample Parking: 75 parking spaces (7 spaces per 1,000 SF)
Construction: Built in 1991 with durable tilt-up concrete construction
This fully leased retail center represents a rare opportunity to acquire a high-performing asset in one of the most desirable areas of Hawthorne. With a diverse tenant mix, solid cash flow, and strong market fundamentals, this property is a compelling investment for those seeking stable income and long-term growth potential.