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1.1 Acre Repositioning Site in County of LA 10600-10624 Hawthorne Blvd 13,740 SF 49% Leased Retail Building Lennox, CA 90304 $7,387,584 CAD ($537.67 CAD/SF)
INVESTMENT HIGHLIGHTS
- 1.1 Acres Along Hawthorne Boulevard, with 254' of Frontage Along Hawthorne Boulevard and 170' on 106th Street (traffic counts 36,027 vehicles/day)
- Covered Land Play with Shorter Term Leases- General Commercial C3 Use Under County of LA {$125 PSF on Land - negotiable}
- Excellent Future Development Site - See Attachments for Allowed Uses & Requirements
- 4 Freestanding Structures: (Retail Strip Club - +/- 4,850sf; Retail Wood-Frame Bld. - +/-3,900sf; Warehouse Sheet Metal - +/- 4,390sf; Retail 600sf)
- Owner/User Can Occupy 57%, Qualifying for Potential SBA 90% Financing
EXECUTIVE SUMMARY
Seller will negotiate with all offers presented and is motivated to make a deal.
The property has excellent freeway access and is within close proximity to the 105, 405, and 10 freeways.
PROPERTY FACTS
AMENITIES
- Corner Lot
- Signage
- Monument Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Inglewood Pipe & Hardware Supply Co
- Retailer
- -
- -
- -
- Jet Strip Club
- Services
- -
- -
- -
-
- Retailer
- -
- -
- -
True Value has a proud heritage of supporting the growth and success of independent retailers—it’s how they started, how they operate now, and how they see the future. In an age of retail chains and big boxes, they understand that both retail and wholesale customers still value quality products, exceptional service, and expert advice. This is the foundation of their business. After seven decades working with independent hardware retailers, today’s True Value is not only a stalwart of the industry, but also has the experience, the relationships, and most importantly the network of independent stores to ensure a long and bright future for the business. In 1948, John Cotter founded Cotter & Company, a retailer-owned company that included independently owned and operated stores. With the purchase of Hibbard, Spencer, and Bartlett in 1963, Cotter not only acquired the company but also the True Value trademark—a long-standing brand and presence since 1932.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Inglewood Pipe & Hardware Supply Co | Retailer | - | - | - | ||
| Jet Strip Club | Services | - | - | - | ||
|
|
Retailer | - | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
We have two separate lease opportunities available. The first is a ~7,000 sq. ft. retail building offered on a double net (NN) basis for $0.90 per sq. ft. over a 3-year term. The building is leased “as-is,” and tenants have full control over interior build-out with no restoration required at the end of the lease. The second opportunity is a ~10,000 sq. ft. fenced and asphalted yard available for $0.10 per sq. ft., with electrical access and no CCTV, allowing tenants flexibility to use the space as needed. Each lease is independent, so tenants can lease the building, the yard, or both separately according to their needs.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 7,000 SF | Retail | - | Now |
1st Floor
| Size |
| 7,000 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 7,000 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
We have two separate lease opportunities available. The first is a ~7,000 sq. ft. retail building offered on a double net (NN) basis for $0.90 per sq. ft. over a 3-year term. The building is leased “as-is,” and tenants have full control over interior build-out with no restoration required at the end of the lease. The second opportunity is a ~10,000 sq. ft. fenced and asphalted yard available for $0.10 per sq. ft., with electrical access and no CCTV, allowing tenants flexibility to use the space as needed. Each lease is independent, so tenants can lease the building, the yard, or both separately according to their needs.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 4034-025-018 | Improvements Assessment | $562,713 CAD |
| Land Assessment | $1,305,020 CAD | Total Assessment | $1,867,733 CAD |
PROPERTY TAXES
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1.1 Acre Repositioning Site in County of LA | 10600-10624 Hawthorne Blvd
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