3560-3596 Redondo Beach Blvd - Storefront FOR SALE


Torrance, CA 90504
$10,500,000 USD
626-437-7580
3560-3596 Redondo Beach Blvd, Torrance, CA for Sale
$10,500,000 USD
Storefront - FOR SALE
1/9
null | 5.63% Cap Rate

3560-3596 Redondo Beach Blvd
Torrance, CA 90504


OVERVIEW

Great opportunity to own a Community Retail Center with 16 Tenants that are all on NNN Leases with 2 additional passive income generated by T-Mobile Wireless Antenna and Glacier Water Kiosk. The excellent retail location is anchored by 7-Eleven that has a Corporate-Guaranteed NNN Lease. It is situated on a signalized, hard corner at the intersection of Yukon Avenue and Redondo Beach Boulevard. In addition, the traffic counts exceeds 35,000 cars per day and is in close proximity to the 405 freeway. The property has undergone recent capital improvements including Facade Upgrades, LED Lighting, Parking Lot Resurfacing and Tenant Sign Renovations.

FOR SALE DETAILS

PRICE

$10,500,000 USD

PRICE/SF

$478 USD /SF

CAP RATE

5.63%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Yukon Square

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

98

LAND DETAILS

LAND ACRES

1.56 AC

LAND SF

67,954 SF

ZONING

TOCC-GEN

APN/PARCEL ID

4092-004-010

ASK ABOUT THIS PROPERTY

Teresa TingMasters RealtyMore Info
626-437-7580

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Teresa TingMasters RealtyMore Info
626-437-7580

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