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Shopping Auto Center

Torrance Auto Center

3730 Spencer Street, Torrance, CA 90503

Listing Price: $2,650,000

Cap Rate
1.00%
Gross SF
6,625
Rentable SF
6,625
Price/Gross SF
$400.00
Lot Size
0.46 acres
Year Built
1975

Investment Overview

Marcus & Millichap is pleased to present the remarkable opportunity for an owner/user or investor to acquire an Auto Service Shop totaling 6,625 sqft in the city of Torrance. The property sits just off Hawthorne Blvd which is one of the busiest and heaviest trafficked thoroughfares in Southern California, with street traffic exceeding 69,000 cars per day. The Auto Service Shop’s location benefits from being located on Spencer Street, which allows for easy ingress and egress from the signalized intersection of Hawthorne/Spencer. Furthermore, there is an easement that allows for direct access off Hawthorne Blvd. There are more than 10 established automotive dealerships within very close proximity to the site which proves demand for a service shop in this location is very strong. With used car sales having a record boom this year, the auto service industry is poised to improve as well. The Hawthorne Boulevard commercial corridor runs approximately five miles from the 405 Freeway, to Pacific Coast Highway at the foothills of Palos Verdes. This busy commercial corridor known by locals as “The Boulevard”, is home to countless nationally branded and local retail tenants, restaurants and shopping centers, professional and medical office buildings, car dealerships and automotive related businesses, as well as hotel and recreational facilities. This section of Hawthorne Blvd is also home to the world famous Del Amo Fashion Mall, one of the largest and busiest malls in America with 2.5 million square feet.

Investment Highlights

  • Street Traffic On Hawthorne Blvd exceeds 69,000+ Cars Per Day
  • Two Blocks from 2.5 Million Square Foot Del Amo Mall, One of the Largest Malls in America
  • 240,000+ People within 3-Miles
  • $127,000 Average Household Income within 3-Miles
  • Easement Creates a Second Point of Entry From Hawthorne Blvd
  • Close Proximity to 405, 110, 105, and 91 Freeways and Los Angeles International Airport
  • Torrance is the Largest South Bay Beach Community and 8th Most Populous City of Los Angeles County's 141 Cities

Exclusively Listed By

Financing By

Shopping Auto Center

Torrance Auto Center

Listing Price: $2,650,000

Cap Rate
1.00%
Gross SF
6,625
Rentable SF
6,625
Price/Gross SF
$400.00
Lot Size
0.46 acres
Year Built
1975

Investment Highlights

  • Street Traffic On Hawthorne Blvd exceeds 69,000+ Cars Per Day
  • Two Blocks from 2.5 Million Square Foot Del Amo Mall, One of the Largest Malls in America
  • 240,000+ People within 3-Miles
  • $127,000 Average Household Income within 3-Miles
  • Easement Creates a Second Point of Entry From Hawthorne Blvd
  • Close Proximity to 405, 110, 105, and 91 Freeways and Los Angeles International Airport
  • Torrance is the Largest South Bay Beach Community and 8th Most Populous City of Los Angeles County's 141 Cities

Investment Overview

Marcus & Millichap is pleased to present the remarkable opportunity for an owner/user or investor to acquire an Auto Service Shop totaling 6,625 sqft in the city of Torrance. The property sits just off Hawthorne Blvd which is one of the busiest and heaviest trafficked thoroughfares in Southern California, with street traffic exceeding 69,000 cars per day. The Auto Service Shop’s location benefits from being located on Spencer Street, which allows for easy ingress and egress from the signalized intersection of Hawthorne/Spencer. Furthermore, there is an easement that allows for direct access off Hawthorne Blvd. There are more than 10 established automotive dealerships within very close proximity to the site which proves demand for a service shop in this location is very strong. With used car sales having a record boom this year, the auto service industry is poised to improve as well. The Hawthorne Boulevard commercial corridor runs approximately five miles from the 405 Freeway, to Pacific Coast Highway at the foothills of Palos Verdes. This busy commercial corridor known by locals as “The Boulevard”, is home to countless nationally branded and local retail tenants, restaurants and shopping centers, professional and medical office buildings, car dealerships and automotive related businesses, as well as hotel and recreational facilities. This section of Hawthorne Blvd is also home to the world famous Del Amo Fashion Mall, one of the largest and busiest malls in America with 2.5 million square feet.

Exclusively Listed By

Financing By

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