Newmark Capital Markets & WestPac Partners is pleased to present to qualified investors the rare opportunity to acquire a core, coastal commercial property positioned for a wide range of value-add or redevelopment possibilities. Located at the convergence of two dynamic coastal communities — Rancho Palos Verdes and San Pedro — the Property consists of 8,005 square feet of improvements situated on over 0.92 acres of land.
Previously occupied by a long-standing financial institution, the building is now vacant, offering investors the unique ability to reposition the site. The oversized parcel and strong visibility make it an excellent site for multiple future uses. Given the scarcity of large coastal sites in this submarket, the Property represents a best-in-class redevelopment or re-tenanting opportunity.