14000 Halldale Ave - Industrial FOR SALE


Gardena, CA 90249
$6,700,000 USD
310-793-6069
14000 Halldale Ave, Gardena, CA for Sale
$6,700,000 USD
Industrial - FOR SALE
1/12
null | 6.73% Cap Rate

14000 Halldale Ave
Gardena, CA 90249


HIGHLIGHTS

  • LAB FIVE has seven years remaining on their primary term plus options.
  • Annual 3% rent increases.
  • Tenant has two locations in California with plans for further expansion.
  • Facility includes seven fields and a 2,400 SF clubhouse.
  • Potential for future residential or IOS redevelopment.
  • Outdoor soccer participation among ages 6 and up in the US grew 23% from 2018 to 2023.

OVERVIEW

Transwestern and Daum are pleased to offer for sale a state of the art soccer event, training and play facility in the heart of Los Angeles. The tenant, LAB FIVE, operates two locations in California with further expansion plans and invested significant capital expenditures in the property showing commitment to the site. LAB FIVE is on a long-term triple net lease with annual rent increases. The subject property benefits from an excellent location with quick freeway access and approximately 780,000 residents within a 5-mile radius. Los Angeles is consistently ranked the best soccer city in the US and has twelve professional teams.

FOR SALE DETAILS

PRICE

$6,700,000 USD

PRICE/SF

$2,792 USD /SF

CAP RATE

6.73%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1934

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.49

LAND SF

65,061

ZONING

GAM1*

APN/PARCEL ID

6102-020-021

ASK ABOUT THIS PROPERTY

CJ BrillTranswestern Real Estate ServicesMore Info
310-793-6069

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

CJ BrillTranswestern Real Estate ServicesMore Info
310-793-6069

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.