Exceptional opportunity to redevelop a property at one of the premier intersections in the City of Torrance. Ideally located at the highly visible signalized intersection at the NEC of Hawthorne Blvd and Artesia Blvd, providing tremendous exposure to a strong surrounding population of 281,397 within a 3-mile radius and an average household income of $136,122 within a 2-mile radius. Located within an affluent trade area, and adjacent to the nearly 1.272 million square foot South Bay Galleria and surrounded by the Beach Cities and Palos Verdes Peninsula. The property is located on a major thoroughfare with proximity to the 405 and 110 Freeways, and within minutes of Del Amo Fashion Center, Mariott and Double Tree Hotels, Little Company of Mary Hospital, as well as numerous retail shops, restaurants, offices, and many other business establishments. The property is currently improved as a single-story 10,300 square foot retail center. Property is now being offered as a long-term ground lease