Storefront Retail Office For Sale • 15,127 SF
| Prime Hermosa Ave location in the city's core restaurant, nightlife and retail district. |
| 91% occupied with durable in-place income and manageable vacancy opportunity. |
| Near-term lease rollover creates opportunity to mark below-market rents to current levels. |
| Ownership can reposition tenants and increase rental income through targeted leasing. |
| Rare coastal value-add opportunity in a difficult-to-replicate market with 3M+ annual visitors. |
| Below-market in-place rents provide a clear path to enhance NOI and create long-term value. |
| Cap Rate: | 5.00 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| 123 Bail Bonds | ||
| Chelsea Pub & Lounge | ||
| Decadence | 5/30/2029 | |
| Hermosa Brewing Company | 5/30/2025 | |
| Local Collaborative Llc | ||
| Pedone's Pizza & Italian Foods | 10/30/2027 | |
| Revcascade Inc | ||
| Skin Savvy | 1/14/2027 | |
| Underground Pub | 5/30/2026 |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Los Angeles International | 14 min | - | 7.0 mi |
| Long Beach (Daugherty Field) | 25 min | - | 16.3 mi |
| Bob Hope | 49 min | - | 34.4 mi |