For Sale
$12,300,000

15400 Western AveGardena, CA 90249

High-Yield Retail Portfolio in Gardena, CA

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a stabilized, 100% occupied shopping center in Gardena, California. The property comprises three single-story buildings totaling 19,945 square feet, constructed between 2014 and 2018, situated on five parcels encompassing 60,514 square feet. The center features thirteen units, including a storage unit, and boasts approximately 107 parking spaces. With a strong Net Operating Income (NOI) of $734,444 and an attractive 5.97% cap rate, this multi-tenant property offers a compelling return on investment. The asking price is $12,300,000. The property is zoned C3 and benefits from excellent visibility and accessibility on South Western Avenue. The addresses are 15400, 15410, and 15420 S Western Ave, Gardena, CA 90249. The property's triple-net (NNN) lease structure minimizes landlord responsibilities. This is a prime retail investment opportunity in a thriving Los Angeles County location. The APNs are 6103-015-007, 6103-015-050, 6103-015-002, 6103-015-049, and 6103-015-051.

Highlights

  • $12,300,000 asking price for a stabilized retail investment.
  • 19,945 square foot shopping center with a 5.97% cap rate.
  • 100% occupancy generating $734,444 NOI.
  • Three single-story buildings totaling 13 units on five parcels, built between 2014 and 2018.
  • Located at 15400-15420 S Western Ave, Gardena, CA 90249, with approximately 107 parking spaces.
  • C3 zoning in Los Angeles County.

Property Details for 15400 Western Ave

Property type
Lifestyle centers, Power centers
Square Feet
19,945 SF
Buildings
3
Stories
1
Units
13

Location Insight

City
Gardena
County
Los Angeles
State
California
Latitude
33.891682
Longitude
-118.3084932
15400 Western Ave, Gardena, California

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15400 Western Ave
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