20715 S Avalon Blvd - Medical FOR SALE


Carson, CA 90746
$18,500,000 USD
818-823-0832
20715 S Avalon Blvd, Carson, CA for Sale
$18,500,000 USD
Medical - FOR SALE
1/15
null | 4.12% Cap Rate

NEW


20715 S Avalon Blvd
Carson, CA 90746


HIGHLIGHTS

  • 30,000 SF Mixed-Use Building – A+ Three-Story Construction with Modern Finishes and Flexible Layout
  • Strategic Location – Directly Across from SouthBay Pavilion (IKEA & Target) w/ 10.3M+ Annual Visitors (Placer.ai)/High-Visibility 405 Freeway Frontage
  • Fully-Leased Ground Floor Retail – Crumbl Cookies, Verizon Wireless, Ono Hawaiian BBQ (Drive-Thru), and Crab N Spice
  • Second Floor Medical Tenant – Pro-Active Health Provides Stable In-Place Income From a Long-Term Medical User
  • Supplemental Income – Rooftop Cell Tower Lease Provides Passive Cash Flow
  • Vacant Third Floor with Views – Ideal for Owner-User or Lease-Up; 360° Views of Los Angeles

OVERVIEW

The Ovaness-Rostamian Group of Marcus & Millichap is proud to present an exceptional opportunity to acquire a flagship 30,000-square-foot, three-story mixed-use retail and medical office building located in the heart of Carson, California. Strategically positioned directly across from the SouthBay Pavilion—home to IKEA, Target, and numerous national retailers—this high-profile property benefits from over 10.3+ million annual visitors (Placer.ai) and commanding exposure along the I-405 Freeway, the most traveled freeway in Southern California. Built to the highest institutional standards, the property features a diverse and synergistic tenant mix with fully occupied ground-floor retail and stabilized medical tenancy on the second floor. Retail tenants include Crumbl Cookies, Ono Hawaiian BBQ (Drive-Thru), Crab N Spice, and Verizon Wireless, offering daily-needs services with strong consumer appeal. The second floor is occupied by Pro-Active Health, a well-established medical provider serving the growing demand for healthcare services in the area. The third floor is currently vacant, offering a unique opportunity for an owner-user purchaser to occupy or investors to lease a premium top-floor space with 360-degree panoramic views of the Los Angeles basin. Additional income is generated through existing cell tower leases, and there is significant freeway signage—an increasingly valuable attribute in high-traffic corridors. The site is also adding a new drive-thru for Ono Hawaiian BBQ, a significant and valuable addition to the flexibility of the building. With every major retailer located within a one-mile radius, prime visibility, multiple revenue streams, and value-add potential, this offering represents a rare opportunity to own and/or occupy a marquee asset in one of Southern California’s most dynamic submarkets.

FOR SALE DETAILS

PRICE

$18,500,000 USD

PRICE/SF

$617 USD /SF

CAP RATE

4.12%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

30k SqFt. Mixed-Use Retail & Medical Office

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Fast Food, Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

109

LAND DETAILS

LAND ACRES

1.39 AC

LAND SF

60,548 SF

ZONING

CR&D, Carson

APN/PARCEL ID

7339-018-004,7339-018-040

ASK ABOUT THIS PROPERTY

Ara RostamianMarcus & MillichapMore Info
818-823-0832

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Ara RostamianMarcus & MillichapMore Info
818-823-0832

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