Investment Overview

Marcus & Millichap is pleased to present for sale this Firestone
located in Redondo Beach, California. Firestone is located at the
signalized corner of World Famous Pacific Coast Highway and
Berly Street. Traffic Counts at this intersection exceed 71,693
Vehicles Per Day. This is a dense, affluent market, with a full time
population exceeding 400,000 and an average household income
of $164,000 annually. This NNN Leased investment offers a
buyer the opportunity to collect a strong return on capital while
repositioning this trophy asset.
The property is located in a very busy tourist area.Only five minutes
from the property is Redondo Beach Pier, a very popular tourist
spot with over 50 businesses for dining and entertainment and
drawing thousands of visitors each year from around the world.
This 70,000 square-feet open space horseshoe shaped pier is
the largest endless pier located on the California Coast. The
International Boardwalk and Redondo Marina are also located in
close vicinity to this property.
The area surrounding this property is also popular with new
home buyers. Denton Development is only four minutes from this
property and has built a variety of new luxury homes (15 homes
and townhouses on the market now) in this popular beach town.
This Firestone is conveniently located only Eight Miles South of Los
Angeles International Airport (LAX).