310-801-8700
500-506 Carson Town Ctr N, Carson, CA for Sale
Retail - FOR SALE
1/27
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500-506 Carson Town Ctr N
Carson, CA 90745


HIGHLIGHTS

  • Existing assumable financing at 4.07% interest fixed in the amount of $26,500,000 due in January 2030.
  • Asset is 100% leased to Floor & Décor, Planet Fitness, and John’s Incredible Pizza.
  • Pending zoning change will allow for Flex Industrial
  • High performing locations for Floor & Décor (Second highest out of 27 in California) & Planet Fitness (20th highest out of 176) per Placer.
  • Large land size allows for substantial additional development including fast food pads
  • Long term NNN leases with well structured rental increases and multiple options to extend.

OVERVIEW

FOR SALE! 100% Leased South Bay Retail Center anchored by Floor & Decor. Opportunity to develop up to 5 Retail Pads at the property. Newmark and NAI Capital are pleased is pleased to present the opportunity to acquire Carson Town Center located at 500-506 Carson Town Center N, Carson CA 90745 (hereafter the “Property”, “Project” “Center”) The property consists of approximately 169,656 SF of building on approximately 17.54 acres of land. It is 100% leased to Floor & Décor, Planet Fitness, and John’s Incredible Pizza. The center features ample land area which provides for a value-add opportunity to develop additional retail pads as well as potential Flex Industrial buildings. Located at the southeast corner of the signalized intersection of Figueroa Street and Torrance Boulevard, the property is directly adjacent to the 110 Freeway and benefits from excellent pylon signage on Figueroa Street that is freeway visible. The property boasts an incredible location in the South Bay sub-market, just off the 110 Freeway (Harbor Freeway) and within 2 miles of the 405 Freeway (San Diego Freeway), in the heart of the City of Carson. The 110 Freeway, also known as the Harbor Freeway, is the main transportation route the to the Port of Los Angeles and Port of Long Beach. The area is comprised of dense and affluent demographics, and is a mix of well established single family neighborhoods as well as class A industrial districts occupied by major corporations. Many young families have been moving to the South Bay for the past several years seeking safe/clean neighborhoods and good school districts, which has been boosting the demographics and local home values.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

17.54 AC

LAND SF

764,042 SF

ZONING

CASP-3

APN/PARCEL ID

7336-002-033

ASK ABOUT THIS PROPERTY

David GhermezianNewmarkMore Info
310-801-8700

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David GhermezianNewmarkMore Info
310-801-8700

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