29105-29115 S Western Ave - Freestanding FOR SALE


Rancho Palos Verdes, CA 90275
$25,665,000 USD
844-585-7682
29105-29115 S Western Ave, Rancho Palos Verdes, CA for Sale
$25,665,000 USD
Freestanding - FOR SALE
1/6
null | 5.5% Cap Rate

29105-29115 S Western Ave
Rancho Palos Verdes, CA 90275


HIGHLIGHTS

  • 100% Occupied, Newly Renovated/Rebuilt Multi-Tenant Retail Center on Generational Real Estate Parcel
  • Below Market O’Reilly Auto Parts (NASDAQ: ORLY; S&P: BBB Investment Grade)
  • New 2025 Multi-Million Dollar Renovation
  • Incredible Visibility and Accessibility Along Western Avenue (43,500+ CPD); Irreplaceable Pylon Signage
  • Highly Active Retail Corridor Draws Consistent Consumer Traffic from the Surrounding Community’s Affluent Residents
  • Rancho Palos Verdes is a Very Desirable and Affluent Coastal Community in Los Angeles County

OVERVIEW

100% Occupied, Newly Renovated Strip Center | Internet-Resistant Tenant Mix | Long-Term Leases With Better Than Market Increases

FOR SALE DETAILS

PRICE

$25,665,000 USD

PRICE/SF

$910 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Western Plaza | Rancho Palos Verdes, CA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

92

LAND DETAILS

LAND ACRES

2.09 AC

LAND SF

91,040 SF

ZONING

RPRS-4

APN/PARCEL ID

7557-030-013,7557-030-014,7557-030-022,7557-030-025,7557-030-031,7557-030-032,7557-030-033,7557-030-034,7557-030-035

ASK ABOUT THIS PROPERTY

Jeff LefkoHanley Investment GroupMore Info
844-585-7682

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Jeff LefkoHanley Investment GroupMore Info
844-585-7682

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