16414-16424 Hawthorne Blvd
Lawndale, CA 90260

$2,450,000 USD

Storefront For Sale • 10,844 SF

Property Details

Property Type Storefront
Total Building Size 10,844 SF
Lot Size 0.36 AC
Building Class C
Year Built 1948
Tenancy Multiple
Zoning LNC3YY

51 Transit Score

86 Walk Score

                
                    Highlights
                
                                Owner-user retail opportunity, as well as a value-add deal for a new developer to lease the vacant space at market rent.
                            
                                The Pro-Forma Cap rate is assuming a year 2 rent of $20.00 or $1.67/SF NNN not including (tenant improvements/downtime/ capital expenditures etc.).
                            
                                Situated in a high-density area, the property is ideal for a diverse mix of retailers and property owners interested in a fast growing community.
                            
                                Proximity to major thoroughfares and strong local economy ensuring consistent demand on one of the South Bay’s busiest corridors.
                            
                                Ample square footage, street front visibility and flexible space configurations offers significant upside for investors.