For Sale
$4,420,000

12101 Crenshaw Blvd Hawthorne, CA 90250

Added:
Dec 11, 2024
Days on market:
135

Highlights

  • Hawthorne Airport (KHHR) offers 12 new state-of-the-art hangars; one 45' x 40' hangar is available now, with the remainder available late 2025.
  • Avoid LAX congestion with easy access to prominent Los Angeles areas. Hangars feature top-tier security and spacious interiors.
  • Construction begins Q1 2025, completion Q4 2025. Limited purchase or lease opportunities are available due to limited space at LA basin airports.
  • Hangars are offered on a 30-year ground lease with a purchase price of $650/SF. Ground rent/CAM is $0.30/SF per month, adjusted annually by CPI. Lease options are available at $3.00/SF NNN pre-lease; post-development, the price increases to $3.75/SF.
  • The "Wright" hangar (85' x 80', 6,800 SF) is ideal for larger aircraft and will be available late 2025.

Property Details for 12101 Crenshaw Blvd

Property type
Specialty properties, Airport retail
Square Feet
6,800 SF
Buildings
1
Units
1

Location Insight

City
Hawthorne
County
Los Angeles
State
California
Latitude
33.9222887
Longitude
-118.3273163

FAQs

Where is the specialty property located?
The property is located at 12101 Crenshaw Blvd Hawthorne, CA.
What is the asking price?
The asking price for this property is $4,420,000.
What are key features of this property?
This property features: Hawthorne Airport (KHHR) offers 12 new state-of-the-art hangars; one 45' x 40' hangar is available now, with the remainder available late 2025.; Avoid LAX congestion with easy access to prominent Los Angeles areas. Hangars feature top-tier security and spacious interiors.; Construction begins Q1 2025, completion Q4 2025. Limited purchase or lease opportunities are available due to limited space at LA basin airports.
How can I contact the broker?
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12101 Crenshaw Blvd
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