CA > Gardena
Gardena, CA 90247,1420 W Redondo Beach Blvd
Gardena, CA 90247,1420 W Redondo Beach Blvd
Gardena, CA 90247,1420 W Redondo Beach Blvd
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$3,660,000
Est. payment /mo
0.27 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25554449

HOA Y/N No

Year Built 2019

Lot Size 0.269 Acres

Property Description

RARE SOUTH BAY RESTAURANT RETAIL INVESTMENT TRIPLE NET LEASES. Incredible opportunity to acquire a 100% leased, stabilized retail asset located in the heart of Gardena. This newer construction strip center (built in 2019) is anchored by two well-known, experienced operators, Dirt Dog and Pho Hoan both on executed 10-year NNN leases with 10% rental increases every 5 years, including option periods. The property is part of Gardena Plaza, a highly visible corner location at Redondo Beach Blvd and Normandie Ave, boasting traffic counts of over 57,000 vehicles per day. Surrounded by internet-resistant and daily-needs tenants (Starbucks, UPS, Blink Fitness, and more), the center benefits from strong, consistent foot traffic and a dense infill trade area of over 237,000 residents with an average income exceeding $95,784 in a 3-mile radius. With minimal landlord responsibilities due to its true triple net structure and efficiently sized suites (1,600-2,400 SF), this property offers an ideal hands-off investment in one of L.A. County's most resilient submarkets, just blocks from Kaiser Permanente, Gardena Memorial Hospital, and The Hustler Casino. Text or call Listing Agent for the Offering Memorandum

Location

State CA

County Los Angeles

Area 119 - Central Gardena

Interior

Fireplace No

Exterior

Total Parking Spaces 11

Others

Tax ID UNAVAILABLE

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Farnaaz Tar • Grate Real Estate

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