For Lease
$28.20/SF/YR

16900 Hawthorne BlvdLawndale, CA 90260

High-traffic, 9,645 SF retail space

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 9,645 square foot retail building, situated on a spacious 11,956 square foot lot (approximately 0.27 acres) at 16900 Hawthorne Boulevard in Lawndale, CA 90260 (APN 4075-012-019), presents a compelling investment opportunity. Boasting high visibility and excellent signage on Hawthorne Boulevard, this single-tenant property enjoys a hard corner location with exceptional access, benefiting from over 40,000 vehicles passing daily, and just three blocks from one of the South Bay's busiest intersections (Hawthorne & Artesia) with 110,000 vehicles per day. The ground-level, single-story building features a wide-open, blank-slate interior with abundant windows facing Hawthorne Boulevard, ideal for a variety of retail concepts. The property includes six parking spaces and offers access from three sides, including a rear alleyway. Its location is highly desirable, with proximity to the South Bay Galleria (undergoing a planned remodel), the Metro Link expansion, and the 405 Freeway. Nearby national retailers include Starbucks, Boston Market, Walgreens, CVS, and Chase Bank. The property's zoning is Neighborhood Commercial (NC), Lawndale. Approved plans for a mixed-use development, incorporating retail space on the ground floor, 20 apartments above, and underground parking, are available for prospective developers. This property is located in a Qualified Opportunity Zone, offering potential tax incentives. Built in 1957, this property has a Walk Score of 88 ("Very Walkable") and a parking ratio of 0.6 per 1,000 square feet. The Hawthorne Boulevard frontage measures 213 linear feet. The asking lease rate is $2.35 per square foot, and the asking sale price is $3,699,000. The property is available for immediate occupancy.

Highlights

  • 20-unit apartment development approved with ground floor retail and underground parking.
  • Qualified Opportunity Zone offering significant tax advantages.
  • Three blocks from the South Bay Galleria, currently undergoing redevelopment.
  • Proximity to a new Metro light rail station, part of a $1 billion expansion project.
  • High-visibility corner lot with over 213 linear feet of frontage on Hawthorne Blvd. and 169th St.
  • Situated on Hawthorne Blvd., a major thoroughfare with over 53,000 vehicles per day.

Property Details for 16900 Hawthorne Blvd

Property type
Retail properties
RSF (Rentable sq. ft)
9,645 SF

Unit(s) available at that property

Space
Size
9,645 SF
Rate per SF
$28.20

Location Insight

City
Lawndale
County
Los Angeles
State
California
Latitude
33.877406572416
Longitude
-118.3520647246
16900 Hawthorne Blvd, Lawndale, California

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16900 Hawthorne Blvd
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