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Shopping Strip

Western Avenue Shopping Strip

23814 Western Ave, Los Angeles, CA 90710

Listing Price: $4,715,000

Cap Rate
4.58%
Gross SF
10,700
Rentable SF
10,700
Price/Gross SF
$440.65
Lot Size
0.69 acres
Year Built
1979

Investment Overview

Prime Retail Location -Harbor City is Centrally Located Between Rancho Palos Verdes, Torrance, Carson, and San Pedro Along Interstate 110 (±180,000 Cars Per Day)- -Close Proximity to Humanities and Arts Academy of Los Angeles, Narbonne High School (2,200+ Students), and Harbor-UCLA Medical Center (570+ Beds) | Harbor-UCLA Medical Center is Internationally Renowned for its Genetics Research and is One of Two Level I Trauma Centers in Los Angeles County- -Adjacent to 30+ Industrial Businesses (Over 1,000,000 SF) with Tenants Including Encore, Integral Products, Hansen Engineering Company, Judco Manufacturing, and Many More- -Additional Income Generated by Billboard Lease with CBS Outdoor, Inc.- -Excellent Surrounding Area & Strong Real Estate Fundamentals- -Located Just 2 Miles from the Sepulveda Boulevard Entrance to the Interstate 110 Freeway (±180,000 Cars Per Day)- -Other Nearby Retail Tenants Include Walgreens, Goodwill, Jiffy Lube, McDonald’s, Savers, Ross, DD’s Discounts, and Many More- -Dense, Infill Area – Population Counts Exceed 466,000 Within Five Miles | Strong Household Income of $123,919 Within Five Miles-

Investment Highlights

  • 100% Occupied Retail Center with Excellent Exposure on Western Avenue, a Main Thoroughfare for Traffic Between Sepulveda Boulevard and Lomita Boulevard – Traffic Counts Exceed 32,000 Cars Per Day
  • Synergistic Mix of Retail and Service Tenants Promotes Strong and Recurring Visits to the Subject Property
  • Located at the Signalized Intersection of Western Avenue and 238th Street

Exclusively Listed By

Shopping Strip

Western Avenue Shopping Strip

Listing Price: $4,715,000

Cap Rate
4.58%
Gross SF
10,700
Rentable SF
10,700
Price/Gross SF
$440.65
Lot Size
0.69 acres
Year Built
1979

Investment Highlights

  • 100% Occupied Retail Center with Excellent Exposure on Western Avenue, a Main Thoroughfare for Traffic Between Sepulveda Boulevard and Lomita Boulevard – Traffic Counts Exceed 32,000 Cars Per Day
  • Synergistic Mix of Retail and Service Tenants Promotes Strong and Recurring Visits to the Subject Property
  • Located at the Signalized Intersection of Western Avenue and 238th Street

Investment Overview

Prime Retail Location -Harbor City is Centrally Located Between Rancho Palos Verdes, Torrance, Carson, and San Pedro Along Interstate 110 (±180,000 Cars Per Day)- -Close Proximity to Humanities and Arts Academy of Los Angeles, Narbonne High School (2,200+ Students), and Harbor-UCLA Medical Center (570+ Beds) | Harbor-UCLA Medical Center is Internationally Renowned for its Genetics Research and is One of Two Level I Trauma Centers in Los Angeles County- -Adjacent to 30+ Industrial Businesses (Over 1,000,000 SF) with Tenants Including Encore, Integral Products, Hansen Engineering Company, Judco Manufacturing, and Many More- -Additional Income Generated by Billboard Lease with CBS Outdoor, Inc.- -Excellent Surrounding Area & Strong Real Estate Fundamentals- -Located Just 2 Miles from the Sepulveda Boulevard Entrance to the Interstate 110 Freeway (±180,000 Cars Per Day)- -Other Nearby Retail Tenants Include Walgreens, Goodwill, Jiffy Lube, McDonald’s, Savers, Ross, DD’s Discounts, and Many More- -Dense, Infill Area – Population Counts Exceed 466,000 Within Five Miles | Strong Household Income of $123,919 Within Five Miles-

Exclusively Listed By

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