2976 Sepulveda Blvd - Drug Store FOR SALE


Torrance, CA 90505- Palo del Amo
$9,580,000 USD
626-593-7456
2976 Sepulveda Blvd, Torrance, CA for Sale
$9,580,000 USD
Drug Store - FOR SALE
1/10
null | 4.42% Cap Rate

2976 Sepulveda Blvd
Torrance, CA 90505
Palo del Amo


OVERVIEW

An exceptional opportunity to acquire a fully leased commercial property strategically located along the high-traffic Sepulveda Boulevard in the heart of Torrance, one of South Bay’s most vibrant and affluent markets. This stabilized asset delivers immediate cash flow and strong long-term appreciation potential. Fully Stabilized Asset: 100% leased, offering investors secure and predictable income. Modern Construction: Built in 2002, reducing near-term capital expenditure requirements. High Barriers to Entry: Limited new commercial development in Torrance supports strong rental rates and low vacancy. Dynamic Economic Environment: Torrance is a regional employment center with strong representation in aerospace, healthcare, automotive, and international business sectors. Zoning Flexibility: TOCC-GEN zoning allows for a broad range of commercial uses, enhancing long-term adaptability and value. Prime Visibility: Direct frontage on Sepulveda Boulevard with significant daily traffic volumes. Excellent Access: Minutes to the I-405 and I-110 freeways, providing seamless connectivity throughout Los Angeles and South Bay. Major Retail & Commercial Hub: Surrounded by national retailers such as Target, Ralphs, Best Buy, and major shopping centers. Strategic Positioning: Close proximity to Torrance Memorial Medical Center, Del Amo Fashion Center, and major corporate campuses. Retail Vacancy: Torrance maintains a retail vacancy rate under 5%, one of the lowest in the South Bay region. Rental Growth: Strong historical rent growth supported by limited supply and high demand. Economic Resilience: Torrance's diverse economy and high median income offer insulation against market volatility. Population (within 3 miles): 220,000+ residents Average Household Income (within 3 miles): $120,000+ Median Age: 41 years Educational Attainment: 44% of residents hold a bachelor's degree or higher

FOR SALE DETAILS

PRICE

$9,580,000 USD

PRICE/SF

$637 USD /SF

CAP RATE

4.42%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

Maple Avenue

LAND ACRES

1.35 AC

LAND SF

58,806 SF

ZONING

C3PP04

APN/PARCEL ID

7369-005-042

ASK ABOUT THIS PROPERTY

Christine LiHarvest Realty DevelopmentMore Info
626-593-7456

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Christine LiHarvest Realty DevelopmentMore Info
626-593-7456

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