333 West Alondra Boulevard, is a fully occupied industrial property located in Gardena, in the highly sought after Southbay submarket of Los Angeles. the property boasts desirable features including high ceilings, multiple dock-high and ground level roll-up bay doors, and abundant gated parking, ensuring it remains an attractive option for a variety of businesses. the property contains three long-term tenants, all on a net basis, allowing a buyer to pass through operating expenses. Versafab has operated on-site for approximately 30 years, Saati Americas Corporation over 16 years, and Quality Menswear for 15 years.
Saati recently executed a new 5-year lease, however the other two tenants are either month-to-month, or have short term remaining on their lease. 333 Alondra presents an opportunity for either an end user to occupy a considerable portion of the property, or a future investor to enjoy both stable immediate cash flow and short-term upside through renegotiation or re-letting multiple units at market rents.