213-298-3593
14411 Hawthorne Blvd, Lawndale, CA for Sale
Storefront Retail/Office - FOR SALE
1/5
null | Request Cap Rate

14411 Hawthorne Blvd
Lawndale, CA 90260


HIGHLIGHTS

  • Passive & Credit Investment Opportunity
  • Core Los Angeles Location | Compelling Demographics

OVERVIEW

Newmark Capital Markets and Gelber Realty Corporation are proud to present to qualified investors, the opportunity to acquire a brand-new single tenant Sprouts Farmers Market in the coveted South Bay submarket of Los Angeles. Located at the SEC of Rosecrans Avenue and Hawthorne Boulevard, two primary commercial and residential arterials, with a combined traffic count of 73,051. This location will pull from an expanded trade area that will include the cities of Manhattan Beach, El Segundo, Hawthorne, Torrance, Gardena, Westchester, and Lawndale. The lease is comprised of a new 15-year primary term, three (3) five (5) year options. This fee simple offering is comprised of 31,240 square feet of improvements on 1.83 acres of land. The lease is NN with limited landlord responsibilities (roof/structure), providing a stable and predictable income stream. There will be a new roof with accompanying 20-year warranty to reduce any near-term capital expenditures. Sprouts Farmers Market operates over 400 grocery stores across the U.S. and plans to open an additional 35 stores, including this one, in 2024. Publicly traded on Nasdaq under ticker SFM, they have experienced robust revenue growth, reporting over $6.8 billion in gross revenue in 2023. Their share price has increased 110% and 210% over the last year and two years respectively. * The prior flyer and listing information is superseded and cannot be used for any purpose. Please remove and destroy all hard and digital copies of the prior flyer and listing information and instruct any people that have received such to do the same.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sprouts

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.83 AC

LAND SF

79,715 SF

ZONING

LNC3-R2P

APN/PARCEL ID

4078-034-053

ASK ABOUT THIS PROPERTY

William BaumanNewmarkMore Info
213-298-3593

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

William BaumanNewmarkMore Info
213-298-3593

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