24911 Western Ave - Supermarket FOR SALE
Lomita, CA 90717 |
24911 Western Ave
Lomita, CA 90717
HIGHLIGHTS
- Strong International Lessee – TVI, Inc. (parent company of Savers and Value Village) is the lease guarantor.
- Rare 2+ Acre Single Tenant Net-Lease Investment
- Established Location – The site historically operated as a grocery store for over 50 years until Savers moved into the space in 2013.
- Store Sales Growth Over 41% – Sales at this location have increased over 41% from 2015 – 2019, growth of over 10% per year.
- Strong Intrinsic Real Estate Value – The property has almost 26,000 square feet of rentable area.
- Prominent South Bay Location.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Savers
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Supermarket
ADD'L SUBTYPES
Convenience Store, Freestanding
TOTAL BUILDING SIZE
25998
STORIES
1
YEAR BUILT
1958
SPRINKLERS
-
PARKING SPACES
114
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
7372-017-021,7372-017-031
