Investment Overview

Marcus & Millichap is pleased to present this Exclusive Offering for the sale or lease of 3521 Jack Northrop Avenue in the city of Hawthorne, which is comprised of one industrial unit on one legal parcel. The Property, constructed with reinforced concrete in 2007, includes 6,700 square feet of rentable area with approximately 2,272 square feet being 2nd floor office. The Property, along with its neighboring unit, is situated on approximately 24,027 square feet of industrial zoned land. The Property is located within a modern, Class A business park adjacent to the Hawthorne Municipal Airport and less than a half-mile south of the 105 Freeway. Within this desirable business park, there are companies like SpaceX, Tesla, and other leading technology, aerospace, and logistics corporations. The Property is also just over 5 miles east of LAX and nearly a midpoint between Downtown Los Angeles and the Ports of Los Angeles and Long Beach. The Submarket of Hawthorne possesses very strong fundamentals such as vigorous rent growth and extremely low vacancy rates. These fundamentals are only amplified within this business park due to its overall desirability.