For Sale
Call for price

500-506 Carson Town CtrCarson, CA 90745

High-yield retail center, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Carson, CA retail investment opportunity presents a 169,656 square foot, 100% occupied center on 17.54 acres. Currently leased to Floor & Décor, Planet Fitness, and John's Incredible Pizza, the property boasts long-term NNN leases with built-in rent increases and extension options, ensuring strong cash flow and future upside. The property features a 5.11% cap rate and a net operating income (NOI) of $2,810,000. Its prime location directly adjacent to the 110 Freeway provides exceptional visibility and accessibility, attracting high traffic counts. The substantial land area allows for the development of five additional retail buildings, including drive-through options, presenting a significant value-add potential. The existing tenants are high-performing in their respective markets, and the property benefits from a strong demographic profile in a rapidly growing area, with an average household income exceeding $101,000 and average home values of $795,000 within a one-mile radius. Assumable financing is available at a fixed 4.07% interest rate until January 2030. This generational investment opportunity offers a blend of stable income and significant future growth potential in a highly desirable South Bay location. The property's APN numbers are 7336-002-027, 7336-002-030, 7336-002-037, and 7336-002-033. The address is 500-506 Carson Town Center N, Carson, CA 90745.

Highlights

  • Assumable loan at 4.07% fixed interest, $26.5M balance, maturing January 2030.
  • Fully leased to Floor & Décor, Planet Fitness, and John's Incredible Pizza.
  • Floor & Décor and John's Incredible Pizza leases include corporate guarantees.
  • High-performing tenant locations; Floor & Décor (2nd highest in CA) and Planet Fitness (20th highest).
  • Below-market rents.
  • Long-term NNN leases with built-in rent increases and extension options.

Property Details for 500-506 Carson Town Ctr

Property type
Retail properties
Square Feet
169,656 SF
Lot Size (sq. ft)
764,042 SF

Location Insight

City
Carson
County
Los Angeles
State
California
Latitude
33.8406509
Longitude
-118.2831756
500-506 Carson Town Ctr, Carson, California

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
500-506 Carson Town Ctr
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message