1420 W Redondo Beach Blvd | Gardena, CA 90247
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- LoopNet Team
1420 W Redondo Beach Blvd
Gardena, CA 90247
Retail Property For Sale
Investment Highlights
- Stabilized Investment – The Strip Center is Fully Leased. Moe’s Southwest Grill Space is Dark but Paying Rent.
- New Long-Term Leases with Rental Increases – Moe’s Southwest Grill and Hiccups Recently Executed Brand New 10-Year Leases.
- Efficiently Sized Unit – The 1,600 – 2,400 SF Suites are Ideal for a Wide Range of Retail Uses and Help Command Top-of-Market Rents.
- Owner-User Opportunity with Buyout – The Franchisee of Moe’s is willing to Pay a Buyout of their Remaining 9 Year Lease Term.
- Minimal Landlord Expense Responsibilities – The Leases are Triple Net, with Most Operating Expenses Reimbursed.
- 100% Rent Collections Throughout 2020 - Both Tenants Current on Rent Obligations.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
4,053 SF
Building Class
B
Year Built
2019
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.35
Lot Size
0.27 AC
Zoning
GAC2
Amenities
- Signage
PROPERTY TAXES
| Parcel Number | 6105-008-038 | Improvements Assessment | $2,177,700 |
| Land Assessment | $933,300 | Total Assessment | $3,111,000 |
PROPERTY TAXES
Parcel Number
6105-008-038
Land Assessment
$933,300
Improvements Assessment
$2,177,700
Total Assessment
$3,111,000
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