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Storm Plaza 1303 Sepulveda Blvd
1,730 SF of Retail Space Available in Torrance, CA 90501
Highlights
- +/-1,730 SF AVAILABLE IN SOON-TO-BE-DEMISED PAD BUILDING ADJACENT TO NATIONAL FAST CASUAL RESTAURANT
- CO-TENANTS INCLUDE CVS, COFFEE BEAN & TEA LEAF DRIVE THRU, ONO HAWAIIAN BBQ, BUFFALO SPOT + GOODWILL
- STRONG TRAFFIC COUNTS WITH +/-65,000 CARS PER DAY
- IDEAL FOR FAST CASUAL RESTAURANT OR QSR TENANT-WITH PATIO
- MULTIPLE PYLON SIGNS
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1305B | 1,730 SF | Negotiable | $54.00 /SF/YR $4.50 /SF/MO $581.25 /m²/YR $48.44 /m²/MO $7,785 /MO $93,420 /YR | Triple Net (NNN) |
1305 Sepulveda Blvd - 1st Floor - Ste 1305B
+/1,730 SF available former Wells Fargo location on the pad of a CVS anchored center. Building being demised with +/-2,520 SF space in leases with a national fast casual restaurant chain. Remaining space is ideal for a fast casual or QSR tenant.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT Storm Plaza
- Tenant
- Description
- US Locations
- Reach
- Buffalo Spot
- -
- -
- -
- Coffee Bean & Tealeaf
- -
- -
- -
- Goodwill Industry
- -
- -
- -
- Ono Hawaiian BBQ
- Restaurant
- 131
- Regional
| Tenant | Description | US Locations | Reach |
| Buffalo Spot | - | - | - |
| Coffee Bean & Tealeaf | - | - | - |
| Goodwill Industry | - | - | - |
| Ono Hawaiian BBQ | Restaurant | 131 | Regional |
PROPERTY FACTS FOR 1303 Sepulveda Blvd , Torrance, CA 90501
| Center Type | Neighborhood Center | Frontage | |
| Parking | 252 Spaces | Gross Leasable Area | 42,806 SF |
| Stores | 8 | Total Land Area | 3.85 AC |
| Center Properties | 4 | Year Built | 2013 |
| Center Type | Neighborhood Center |
| Parking | 252 Spaces |
| Stores | 8 |
| Center Properties | 4 |
| Frontage | |
| Gross Leasable Area | 42,806 SF |
| Total Land Area | 3.85 AC |
| Year Built | 2013 |
About the Property
Former Wells Fargo location on the pad of a CVS anchored center is being demised. Join national fast casual restaurant (currently in leases). Available space is ideal for a fast-casual/QSR tenant. A+ co-tenants, including Coffee Bean & Tea Leaf drive-thru, Ono Hawaiian BBQ, Blue Burro, Buffalo Spot, and Goodwill. The newer construction, multi-building shopping center features excellent curb appeal, high street visibility on a major signalized intersection, prominent pylon signage, and ample parking in a sizable onsite lot. Ideal space for a variety of uses, including retail, medical offices, and restaurants. Prime South Bay Location at the NWC of Sepulveda & Normandie. The busy intersection boasts tremendous traffic counts, with approximately 65,000 cars per day. Well-located site is adjacent to hundreds of multi-family dwellings and millions of square feet of industrial space. Both sources of significant day and nighttime traffic. Numerous national tenants in the surrounding area.
- Pylon Sign
- Signalized Intersection
-
Power Broker Jason Ehrenpreis -
CBM1 Inc
Presented by
Storm Plaza | 1303 Sepulveda Blvd
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