Pegasus is pleased to present retail and restaurant space for immediate lease at Union South Bay. This premier mixed-use development stands prominently along heavily trafficked Avalon Blvd, directly in the daily needs path of the most desirable areas of Carson, CA. This rapidly growing market is ready and waiting for your brand’s arrival.
When it comes to the South Bay of Los Angeles County, Union South Bay is truly one-of-a-kind. There are virtually no other high-end, mixed-use developments currently on offer in the expanded trade area. Union offers 357 new apartment units above 28,000 square feet of retail space, with 16,192 square feet still available. The property provides convenient access and includes a full-size parking structure located directly behind the retail area.
The immediate area features an incredible amount of residential construction, currently underway, with multiple thousands of units within a 3-minute drive of the property set to deliver in the next 12-24 months.
Carson, California, is uniquely situated due to its proximity to both the 405 and 110 freeways, enabling easy access from all directions. The Silicon Beach and South Bay’s tech explosion has brought in higher-end residents in recent years, driving rapid business development in nearby Torrance, Hawthorne, San Pedro, and Long Beach.
With the appeal of the beach enclaves to the west, Union South Bay affords its residents a convenient and central home base for work and play. In addition, less than one mile to the north is the massive South Bay Pavilion is a regional shopping center with over 1 million SF of retail. The center is anchored by Target, Ikea, Walmart, and Ross, along with dozens of additional retail destinations. Further, a new regional premium outlet mall is in the offing, less than a mile from the subject property.
Local demographics are strong, with a population of ±164,000 living within 3 miles and another 97,000 working within 3 miles of Union, along with the discretionary spending that comes with an average household income of $114,000/year within 1 mile. Already dense and with impressive demographics, Carson has quickly become the South Bay’s next desirable enclave.
Andrew Cohen
Pegasus Investments
