949-798-4125
2130 Pacific Coast Hwy, Lomita, CA for Sale
Supermarket - FOR SALE
1/5
null | Request Cap Rate

2130 Pacific Coast Hwy
Lomita, CA 90717


HIGHLIGHTS

  • Fortress Credit On A Fixed, Long-Term Lease
  • Trophy Demographic Profile
  • Strategic Last Mile Fulfillment Hub
  • Significant Target CapEx Spend
  • Visibility and Accessibility
  • Featuring a New Small-Store Format

OVERVIEW

Fortress Credit: Target has executed a new 10-year lease, offering investors a fixed rental increase and a corporate-guaranteed lease. The lease term includes additional options with rental increases. Trophy Demographic Profile: Target in Lomita, CA is located in a densely populated area with affluent residents and high household incomes within a 3-mile radius. The location is adjacent to affluent communities. Strategic Last Mile Fulfillment Hub: The property is less than 2 miles from the 110 Freeway, providing strategic value for delivery and click-and-collect services. Significant Target CapEx Spend: Target has invested $8.75 million in the buildout of the Lomita location, demonstrating its commitment to creating a premium shopping experience. Visibility and Accessibility: The property is located along Pacific Coast Highway, a prominent and well-traveled arterial road, providing excellent visibility. It also features a new small-store format optimized for click and collect, along with a large surface parking field with easy accessibility.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Target

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

ADD'L SUBTYPES

Freestanding, Storefront, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

147

LAND DETAILS

LAND ACRES

2.66 AC

LAND SF

115,870 SF

ZONING

CR

APN/PARCEL ID

7553-006-159

ASK ABOUT THIS PROPERTY

949-798-4125

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949-798-4125

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