2580 W 237th St - Industrial FOR SALE


Torrance, CA 90505- Marble Estates
$8,250,000 USD
714-978-7880
2580 W 237th St, Torrance, CA for Sale
$8,250,000 USD
Industrial - FOR SALE
1/14
null | 4.43% Cap Rate

2580 W 237th St
Torrance, CA 90505
Marble Estates


HIGHLIGHTS

  • Tenant occupied since October, 2020
  • Nearby Access to Pacific Coast Highway, 405/110/710/91 Freeways
  • Close proximity to multiple nearby affluent communities
  • Nearby access to LAX and Ports of Los Angeles/Long Beach
  • Significant upside in rent for an investor or ability to occupy after tenant’s lease expiration for an owner-user
  • Priced approximately 54% below replacement cost and below average PSF of comparable building sales

OVERVIEW

Voit Real Estate Services is pleased to present the opportunity to acquire 2580 W 237th St. in Torrance, CA — a single tenant freestanding industrial/flex building consisting of approximately 31,753 square feet on 1.22 acres. This property is ideally located within the highly desirable Torrance Airport subset of the South Bay, Los Angeles submarket and serves as the corporate headquarters of SHLA Group, Inc (www.shlagroup.com). SHLA has occupied the property since October, 2020 and utilizes the property for corporate offices, production/manufacturing, and distribution of wood paint & craft stick products.

FOR SALE DETAILS

PRICE

$8,250,000 USD

PRICE/SF

$260 USD /SF

CAP RATE

4.43%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

UTILITIES

Lighting - Fluorescent, Water - City, Heating - Electric

CLEAR CEILING HT

26 Ft

DOCKS

-

DRIVE INS

5

PARKING SPACES

55

LAND DETAILS

LAND ACRES

1.4

LAND SF

60,984

ZONING

MI(PP)TO

APN/PARCEL ID

7377-003-083

ASK ABOUT THIS PROPERTY

Loren CargileVoit Real Estate ServicesMore Info
714-978-7880

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Loren CargileVoit Real Estate ServicesMore Info
714-978-7880

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