For Lease
$24/SF/YR

29050 Western Ave Rancho Palos Verdes, CA 90275

Prime Retail Center, Rancho Palos Verdes

Overview

Added:
Dec 11, 2024
Days on market:
135
Harbor Cove Shopping Center presents a compelling investment opportunity in the exclusive Rancho Palos Verdes corridor. This two-building retail center, totaling 43,429 square feet, boasts a prime location at the corner of Western Avenue and Capitol Drive, enjoying exceptional visibility and high traffic counts exceeding 300,000 vehicles daily. The center features a diverse tenant mix including restaurants, retail shops, a gym, and medical offices, anchored by AutoZone. Currently, 16,756 square feet of space is available, with a minimum divisible unit of 529 square feet, offering flexibility for various businesses. The property includes 152 parking spaces for customer convenience. The center benefits from prominent monument signage on Western Avenue, ensuring strong brand visibility. All leases are triple net (NNN) with negotiable terms. The surrounding area features a strong concentration of desirable businesses, including Ralphs, Trader Joe's, In-N-Out Burger, Bank of America, and AAA, further enhancing the property's appeal and drawing significant foot traffic. The property is zoned LAC2 and located in Los Angeles County. This is an exceptional opportunity to acquire a well-positioned retail center in a thriving market.

Highlights

  • Harbor Cove Shopping Center, a 43,429 SF retail property in Los Angeles County.
  • Two single-story buildings totaling 43,429 square feet, with 16,756 square feet currently vacant.
  • Minimum divisible space of 529 square feet, suitable for various uses including retail, medical, and office.
  • Located at the corner of Western Ave. and Capitol Drive in Rancho Palos Verdes, with excellent visibility and high traffic counts (over 300,000 vehicles daily).
  • 152 parking spaces available.
  • Strong tenant mix including AutoZone, and proximity to major retailers like Ralphs, Trader Joe's, and In-N-Out Burger.

Property Details for 29050 Western Ave

Property type
Retail properties, Retail space
RSF (Rentable sq. ft)
43,429 SF
Buildings
2
Stories
1

Unit(s) available at that property

Space
101B/101A
Size
5,647 SF
Rate per SF
$24
Space
252/253
Size
2,699 SF
Rate per SF
$24

Location Insight

City
Rancho Palos Verdes
County
Los Angeles
State
California
Latitude
33.7552281
Longitude
-118.3088428

FAQs

What type of property is this?
Retail property - Prime Retail Center, Rancho Palos Verdes
Where is the retail property located?
The property is located at 29050 Western Ave Rancho Palos Verdes, CA.
What is the lease rate?
The lease rate is $24/SF/YR.
What are key features of this property?
This property features: Harbor Cove Shopping Center, a 43,429 SF retail property in Los Angeles County.; Two single-story buildings totaling 43,429 square feet, with 16,756 square feet currently vacant.; Minimum divisible space of 529 square feet, suitable for various uses including retail, medical, and office.
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29050 Western Ave
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