1501 Aviation Blvd - Storefront Retail/Office FOR SALE


Redondo Beach, CA 90278- North Redondo Beach
$1,950,000 USD
310-480-8117
1501 Aviation Blvd, Redondo Beach, CA for Sale
$1,950,000 USD
Storefront Retail/Office - FOR SALE
1/3
null | 6.07% Cap Rate

1501 Aviation Blvd
Redondo Beach, CA 90278
North Redondo Beach


HIGHLIGHTS

  • Stabilized NNN Tenants
  • Strong Visibility from Aviation Blvd
  • Recent Tenant Improvements
  • Dedicated Off-Street Parking
  • High Density Population
  • Very Walkable

OVERVIEW

Stabilized NNN retail property for sale in the heart of Redondo Beach, approximately 1.5 miles from Hermosa Beach sand. It is fully occupied with three long-term tenants with off-street parking and beautiful tenant improvements. The property is surrounded by residential neighborhoods with local favorites within walking distance. It's on a high traffic street, driving business through signage and walkability. Its three tenants are well established in the South Bay community. Pursue Coffee is a boutique coffee shop with a homey neighborhood vibe. They are a local favorite. The smoke shop is a well maintained space with a private restroom. The largest tenant is occupied by a South-Bay favorite restaurant and they use the space for their take out and delivery services. It has a full kitchen, two restrooms, an eating and service area, and reception counter. Don't miss this opportunity to own a great asset in the heart of the South Bay!

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$502 USD /SF

CAP RATE

6.07%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

C-2

APN/PARCEL ID

4162-006-023

ASK ABOUT THIS PROPERTY

Melanie ArcherArcher Investment & Consulting, Inc.More Info
310-480-8117

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Melanie ArcherArcher Investment & Consulting, Inc.More Info
310-480-8117

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