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1340-1386 W Artesia Blvd
Gardena, CA 90248 Gardena

Price Upon Request

General Retail For Sale  •  57,030 SF

Property Details

  • Property Type General Retail
  • Total Building Size 65,987 SF
  • Lot Size 6.45 AC
  • Building Class B
  • Year Built 1990
  • Tenancy Multiple
  • Zoning GAC3
40 Transit Score
60 Walk Score

Highlights

Premier Specialty Grocery Anchored Shopping Center – Gardena Gateway Center is a ±65,987 SF, 100% occupied
High Performing Tenancy – Over 75% of the GLA reports sales, including national and regional tenants
Historically Stable, Long-Term Occupancy – Approximately, ±53,362 SF (81% of GLA) has been occupied for 10+ years
Below Market Rents – Current in place lease rates are approximately ~20% below prevailing market rents
Improving Returns – Due to embedded rental increases, the Net Operating Income is expected to increase approximately $861,000 (42%)
Significant Frontage, Tremendous Visibility and Signage – Gardena Gateway Center benefits from ±900 feet of prominent frontage along SR-91

Amenities

  • 24 Hour Access
  • Bus Line
  • Corner Lot
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection

Public Transportation

AirportDriveWalkDistance
Long Beach (Daugherty Field) 16 min - 10.3 mi
Los Angeles International 18 min - 11.0 mi
John Wayne/Orange County 39 min - 30.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 345
Type: Surface
Included in Rent: Yes
Jimmy Slusher 949-725-8507 CBRE, Inc.
Jimmy Slusher 949-725-8507 CBRE, Inc.