500-506 Pacific Coast Hwy - Retail FOR SALE
Hermosa Beach, CA 90254 |
$4,375,000 USD
818-259-0476
500-506 Pacific Coast Hwy
Hermosa Beach, CA 90254
HIGHLIGHTS
- Irreplaceable Coastal Hard Corner on Pacific Coast Highway (PCH)
- Rare On-Site Parking Along Pacific Coast Highway (PCH)
- 100% Occupied with Immediate, Stabilized Cash Flow
- Michelin-Recognized Anchor Tenant with New Five (5)-Year Lease
- Built-In Rental Growth: 3%–5% Annual Escalations
- Diverse, Internet-Resistant Tenant Mix
FOR SALE DETAILS
PRICE
$4,375,000 USD
PRICE/SF
$748 USD /SF
CAP RATE
4.61%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
ADD'L SUBTYPES
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1984
SPRINKLERS
-
PARKING SPACES
12
LAND DETAILS
LAND ACRES
0.34 AC
LAND SF
14,810 SF
ZONING
HBC3*
APN/PARCEL ID
4186-016-045
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818-259-0476
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818-259-0476
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