Rare South Bay Retail Asset – Los Angeles County – Multi-Tenant Retail Investment
• Under Managed Asset – Original Owner – First Time Ever on Market
• All MTM Gross Leases – Only Collecting Gross Minimum Rent
Despite In-Place NNN Leases
• Opportunity to Recapture Operating Expenses and Increase NOI by New Ownership
• Hard Corner Location – Extremely Dense Infill – 8,008 SF of GLA – 0.30 Acres
Built in 1974
• Located Less Than a Mile from Interstate 405 (Over 261,100 VPD)
• Across from the Brand New Union South Bay Apartment Community
(357 Units & 30,000 SF Retail)
• Excellent Ingress/Egress with 2 Points of Access – Access from Carson St & Grace Ave
• Infill Urban Location – Over 177,200+ Residents within a 3 Mile Radius
• AHHI Over $94,600 within a 3 Mile Radius