For Lease
$27/SF/YR

20715 Hawthorne BlvdTorrance, CA 90503

High-street medical office, 5,230 SF available.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a 11,524 square foot multi-tenant medical office building situated on a 0.925-acre lot in the desirable South Bay submarket of Torrance, Los Angeles County. The property, located at 20723 Hawthorne Blvd, boasts a prime corner location at a signalized intersection with high traffic counts averaging approximately 70,000 cars per day. Built in 1973 and renovated in 2003, this Class B building features two structures, each one story, offering a total of three suites. Currently, 5,230 square feet of space is available, with a minimum divisible space of 5,230 square feet and a maximum contiguous space of 5,230 square feet. The property benefits from ample parking with 60 spaces available. The building has a Floor Area Ratio (FAR) of 0.28 and is zoned TO-C (Hawthorne Boulevard Corridor Specific Plan). The property's location near Providence Little Company of Mary Hospital makes it ideal for medical use. The surrounding area features numerous national retailers and boasts strong demographics, with an average household income of $126,931 within a three-mile radius and an estimated 2020 population of 232,070 within the same radius. Property taxes are approximately $5.34 per square foot. NNN expenses for 2024 are estimated at $0.65 per square foot per month. APN: 7524-020-054 & 053.

Highlights

  • High-street retail location in Torrance, CA with 5,230 SF available.
  • Building consists of two, one-story structures totaling 11,524 SF on a 0.925-acre lot.
  • Property features 60 parking spaces and is situated on a signalized corner lot with high traffic counts (approx. 70,000 CPD).
  • Strong demographics with average household income of $126,931 within a 3-mile radius and an estimated 2020 population of 232,070 (3-mile radius).
  • Located near Providence Little Company of Mary Hospital, ideal for medical office use.
  • Class B property built in 1973, renovated in 2003, with a 0.28 FAR.

Property Details for 20715 Hawthorne Blvd

Property type
Retail properties, Office properties
RSF (Rentable sq. ft)
11,524 SF
Class
B
Year Built/Renovated
1973/2003
Buildings
2
Stories
1

Unit(s) available at that property

Space
20723
Size
5,230 SF
Rate per SF
$27

Location Insight

City
Torrance
County
Los Angeles
State
California
Latitude
33.841731025153
Longitude
-118.35401444181
20715 Hawthorne Blvd, Torrance, California

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20715 Hawthorne Blvd
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