Miscellaneous
PetSmart – New 12 Year Lease in South Bay (Los Angeles MSA), CA
4320 Redondo Beach Blvd, Torrance, CA 90504
Listing Price: $15,396,000
Cap Rate
5.70%
Tenant Name
PetSmart
Years Remaining On Lease
12.3
Gross SF
25,811
Guarantor
Corporate Guarantee
Rentable SF
25,811
Price/Gross SF
$596.49
Lease Type
Double Net
Rent Per Square Feet
$34.00
Investment Overview
4320 Redondo Beach Blvd., Torrance, CA
PetSmart – New 12 Year Lease in South Bay (Los Angeles MSA), CA
Investment Highlights
- LONG-TERM NN LEASE WITH CORPORATE GUARANTY: The Property Is Secured By a New 12-Year NN Lease With PetSmart LLC, One of the Largest Pet Retailers in North America, Beginning September 1, 2025.
- STRUCTURED RENTAL GROWTH & RENEWAL OPTIONS: The Lease Includes 10% Rent Increases in Year 6 and Year 11, With Four (4) Five-Year Renewal Options, Offering Reliable Long-Term Income Growth.
- STRATEGIC INFILL LOCATION IN TORRANCE, CA | DENSE COASTAL DEMOGRAPHICS: Located in the Heart of the South Bay, Torrance Offers Direct Access to I-405 & Is Surrounded By Affluent Coastal Communities.
- GREATER LOS ANGELES MSA | $1.295 TRILLION REGIONAL GDP: Torrance Sits Within the Los Angeles MSA, One of the Most Economically Significant Metros in the World With a GDP of Approximately $1.295 Trillion. The Region Is a Global Leader in Trade, Entertainment, and Advanced Industries.
- PRIME RETAIL CENTER | LOCATED IN ALDI SHOPPING CENTER | NATIONAL RETAIL CORRIDOR: The Property Is Positioned Near South Bay Galleria Supporting Strong Consumer Traffic and Sustained Retail Synergy. The Area Also Features Major National Retailers Such as ALDI, Target, Walmart, DSW, Ross, Chase, and More.
Exclusively Listed By
Financing By
Miscellaneous
PetSmart – New 12 Year Lease in South Bay (Los Angeles MSA), CA
Listing Price: $15,396,000
Cap Rate
5.70%
Tenant Name
PetSmart
Years Remaining On Lease
12.3
Gross SF
25,811
Guarantor
Corporate Guarantee
Rentable SF
25,811
Price/Gross SF
$596.49
Lease Type
Double Net
Rent Per Square Feet
$34.00
Investment Highlights
- LONG-TERM NN LEASE WITH CORPORATE GUARANTY: The Property Is Secured By a New 12-Year NN Lease With PetSmart LLC, One of the Largest Pet Retailers in North America, Beginning September 1, 2025.
- STRUCTURED RENTAL GROWTH & RENEWAL OPTIONS: The Lease Includes 10% Rent Increases in Year 6 and Year 11, With Four (4) Five-Year Renewal Options, Offering Reliable Long-Term Income Growth.
- STRATEGIC INFILL LOCATION IN TORRANCE, CA | DENSE COASTAL DEMOGRAPHICS: Located in the Heart of the South Bay, Torrance Offers Direct Access to I-405 & Is Surrounded By Affluent Coastal Communities.
- GREATER LOS ANGELES MSA | $1.295 TRILLION REGIONAL GDP: Torrance Sits Within the Los Angeles MSA, One of the Most Economically Significant Metros in the World With a GDP of Approximately $1.295 Trillion. The Region Is a Global Leader in Trade, Entertainment, and Advanced Industries.
- PRIME RETAIL CENTER | LOCATED IN ALDI SHOPPING CENTER | NATIONAL RETAIL CORRIDOR: The Property Is Positioned Near South Bay Galleria Supporting Strong Consumer Traffic and Sustained Retail Synergy. The Area Also Features Major National Retailers Such as ALDI, Target, Walmart, DSW, Ross, Chase, and More.
Investment Overview
4320 Redondo Beach Blvd., Torrance, CA
Exclusively Listed By
Financing By
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