This exceptional investment opportunity presents a 3,000 square foot, fully operational auto repair shop in Lawndale, California. Located on Artesia Boulevard, this Class B property boasts a prime location on a signalized intersection with over 49,334 vehicles passing daily, offering superior visibility and ample signage opportunities, including a grandfathered pylon sign. The building features five repair bays, multiple hoists, air lines, oil dispensing reels, radiant heaters, and wall-mounted workbenches – a true turnkey operation. The 10-year absolute NNN lease with annual rent increases and a corporate guarantee provides exceptional security and predictable cash flow, generating a $150,000 annual net operating income (NOI) and a 6.38% cap rate. Situated on a 9,918 square foot lot (0.23 acres), the property benefits from its proximity to the South Bay Galleria, a major retail center with over 120 stores, and planned redevelopment into a mixed-use destination. The area's strong demographics, with 274,534 people within a 3-mile radius and an average household income of $99,090, further enhance the investment potential. The property's "Walker's Paradise" Walk Score of 93 underscores its convenient access to amenities. This fee-simple ownership offers a rare opportunity to acquire a well-established, high-performing auto repair shop in a thriving South Bay location. The property is zoned C3 and was built in 1978. The asking price is $2,350,000, representing a price per square foot of $783.33. The property's APN is 4081-025-030, 4081-025-031, & 4081-025-032.
Highlights
High-visibility location on a signalized intersection with 49,334+ vehicles per day (VPD), 90 feet of frontage on Artesia Blvd., and space for a large illuminated building sign.
Turnkey auto repair shop with five bays (one drive-thru), multiple hoists, and existing equipment.
Walk Score of 93 ("Walker's Paradise"), providing convenient access to the South Bay Galleria across the street.
Across the street from the South Bay Galleria, a large retail center with over 120 stores, and planned mixed-use redevelopment.
Strong demographics: 274,534 people within a 3-mile radius, average household income of $99,090.
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