4236 Artesia Blvd - Freestanding FOR SALE


Torrance, CA 90504
$3,369,000 USD
949-350-5431
4236 Artesia Blvd, Torrance, CA for Sale
$3,369,000 USD
Freestanding - FOR SALE
1/5
null | 5.25% Cap Rate

4236 Artesia Blvd
Torrance, CA 90504


HIGHLIGHTS

  • Rare South Bay Location with Excellent Demographics: Population Counts are Nearly 600,000 and Average Household Income is Nearly $130,000 Within 5 Mi
  • Surrounded by Major Demand Drivers Including the 900,000 SF South Bay Galleria and Alondra Park & Golf Course, a ±53-Acre Recreational Area
  • Long-Term Tenancy: Tenant has Been Operating at this Location for 15+ Years | Recent 5-Year Extension Proves Tenant’s Commitment to the Site

OVERVIEW

--Rare South Bay Location with Excellent Demographics: Population Counts are Nearly 600,000 and Average Household Income is Nearly $130,000 Within 5 Miles --Surrounded by Major Demand Drivers Including the 900,000 SF South Bay Galleria and Alondra Park & Golf Course, a ±53-Acre Recreational Area --Long-Term Tenancy: Tenant has Been Operating at this Location for 15+ Years | Recent 5-Year Extension Proves Tenant’s Commitment to the Site --Experienced Operator with Favorable Lease Terms -Established Multi-Site Operator Across California with Numerous Adult Day, Vocational, and Community-Integration Programs -Backed by a National Healthcare Network (Sevita/The MENTOR Network) that Provides Financial Stability, Compliance Infrastructure, and Operational Scale Beyond Typical Local Providers -Attractive Passive Investment: True NNN Lease Structure With Minimal Landlord Responsibilities -4% Annual Increases Provide for an Excellent Hedge Against Inflation --Strong Real Estate Fundamentals -Located Less Than One Block from the 405 Freeway -Artesia Boulevard Connects to Pacific Coast Highway to the West and Becomes the 91 Freeway to the East, Intersecting All Nearby Major Freeways (405, 110, 710, and 605 Freeways) -Prominent Rooftop Signage Along a High Traffic Thoroughfare with Traffic Counts Exceeding ±35,000 Cars Per Day Broker of Record: Tony Solomon – License: CA 01238010

FOR SALE DETAILS

PRICE

$3,369,000 USD

PRICE/SF

$503 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Adult Day Care | Single Tenant NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Day Care Center, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,162 SF

ZONING

C2, Torrance

APN/PARCEL ID

4085-015-049

ASK ABOUT THIS PROPERTY

Ron DuongMarcus & MillichapMore Info
949-350-5431

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Ron DuongMarcus & MillichapMore Info
949-350-5431

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