16414-16424 Hawthorne Blvd - Storefront FOR SALE


Lawndale, CA 90260
$2,450,000 USD
916-316-7594
16414-16424 Hawthorne Blvd, Lawndale, CA for Sale
$2,450,000 USD
Storefront - FOR SALE
1/16
null | Request Cap Rate

NEW


16414-16424 Hawthorne Blvd
Lawndale, CA 90260


HIGHLIGHTS

  • Owner-user retail opportunity, as well as a value-add deal for a new developer to lease the vacant space at market rent ($20.00 PSF).
  • The Pro-Forma Cap rate is assuming a year 2 rent of $20.00 or $1.67/SF NNN not including (tenant improvements/downtime/ capital expenditures etc.).
  • Situated in a high-density area, the property is ideal for a diverse mix of retailers and property owners interested in a fast growing community.
  • Proximity to major thoroughfares and strong local economy ensuring consistent demand on one of the South Bay’s busiest corridors.
  • Ample square footage, street front visibility and flexible space configurations offers significant upside for investors.

OVERVIEW

Kidder Mathews is pleased to offer a generational owner-user or investment opportunity positioned along one of the South Bay’s premier & high-performing retail corridors. 16414-16424 Hawthorne Blvd. is a prime retail property comprising two buildings totaling 10,844/SF. The flexible, open floor plan provides owner-users, investors, and developers with a compelling opportunity to reposition this high-visibility retail asset. The property is well positioned for an owner-user to acquire the property and move into the entire 10,844/SF. It would also be a value-add opportunity for a new owner to purchase and lease the building to a tenant in the next 6-12 months before refinancing.

FOR SALE DETAILS

PRICE

$2,450,000 USD

PRICE/SF

$226 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

LNC3YY

APN/PARCEL ID

4075-007-006

ASK ABOUT THIS PROPERTY

Tyler GriffithKidder MathewsMore Info
916-316-7594

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

Tyler GriffithKidder MathewsMore Info
916-316-7594

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