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$3,660,000
9 Days On Site

1420 W Redondo Beach Blvd
Gardena, CA 90247

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
4,053
SqFt
$903
/SqFt
2019
Built
County:
Los Angeles
Listed by Farnaaz Tar of Grate Real Estate [email protected]

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949-774-8692
1420 W Redondo Beach Blvd1420 W Redondo Beach Blvd1420 W Redondo Beach Blvd1420 W Redondo Beach Blvd
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Monthly Payment (Est.)

$16,698
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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

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Listing Snapshot
Price 
$3,660,000
Days On Site 
9 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,053 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2694 Acres
Year Built 
2019
MLS® Number 
25554449
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
0.2694
Disclosures 
FamilialRelation
Parking Spaces 
11
Special Circumstances 
Standard
SqFt Total 
4053
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Community Features
MLS Area 
119 - Central Gardena


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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