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.