25834 Narbonne Ave - Storefront Retail/Office FOR SALE


Lomita, CA 90717
$1,895,000 USD
310-893-3397
25834 Narbonne Ave, Lomita, CA for Sale
$1,895,000 USD
Storefront Retail/Office - FOR SALE
1/7
null | 5.33% Cap Rate

25834 Narbonne Ave
Lomita, CA 90717


HIGHLIGHTS

  • Flexible mixed-use layout - ±6,726 SF two-story building with office over retail, 10 electric meters, and a rare elevator
  • SBA Loan Eligible - Second floor can be delivered vacant, allowing 51%+ occupancy for SBA financing
  • Ideal for multi-tenant use or owner-user | Seller open to short-term leaseback.
  • Value Add with strong yield - Below-market rents and short-term leases offer immediate upside
  • Prime South Bay location adjacent to Target - Outparcel to a brand-new Target with high visibility and strong daily traffic
  • Solid in-place income and a pro forma cap rate of ±5.33%.

OVERVIEW

Located at 25834 Narbonne Ave in Lomita, CA this mixed-use ±6,726 SF building consists of ±3,410 SF second-floor office space, and ±3,190 SF of ground-floor retail, ideally positioned as an outparcel to a brand-new Target. The site has excellent visibility with exposure to approximately ±14,000 vehicles per day on Narbonne Ave, off the signalized intersection at Pacific Coast Highway. The ground floor retail space is currently demised into three tenant spaces, all on short-term or month-to-month leases, offering flexibility for repositioning or retenanting at market rates. The second floor is owner-occupied and can be delivered vacant, creating a rare opportunity for an owner-user to occupy more than 51% of the building meeting SBA financing requirements. The current owner is also open to a short-term leaseback. Notably, the building is equipped with a passenger elevator, a rare amenity in similar sized assets, enhancing accessibility and tenant appeal. With 10 electric meters, the property offers operational flexibility for multi-tenant use or future reconfiguration. The property generates strong in-place income with below-market rents and significant rental upside, appealing to investors seeking value-add potential. A stabilized proforma cap rate of approximately 5.33% enhances long-term yield, making this a compelling investment in a low-supply, demand-driven submarket. Surrounded by national retailers such as Target, Circle K, Popeyes, Grocery Outlet, Dollar Tree, WSS, and The Nook Breakfast Spot, the location benefits from consistent foot traffic and strong retail synergy. Its central location in the South Bay and direct adjacency to a new Target further strengthens its long-term desirability. 25834 Narbonne Ave offers a rare blend of immediate income, upside potential for an owner-user, investor or 1031 exchange buyer and irreplaceable positioning in one of the South Bay’s most established commercial corridors.

FOR SALE DETAILS

PRICE

$1,895,000 USD

PRICE/SF

$282 USD /SF

CAP RATE

5.33%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

South Bay User/Investment Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,297 SF

ZONING

CG, Lomita

APN/PARCEL ID

7553-006-189

ASK ABOUT THIS PROPERTY

Ryan SharpeKidder MathewsMore Info
310-893-3397

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Ryan SharpeKidder MathewsMore Info
310-893-3397

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