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1203 N Sepulveda Blvd 4,860 SF of Retail Space Available in Manhattan Beach, CA 90266
Highlights
- Flexible CG zoning enabling a wide range of retail, medical, and service-oriented uses
- Significant parking upside potential by converting existing play areas to surface parking
- Located directly across from a Target-anchored shopping center in a high-demand market
- Delivered vacant, allowing immediate occupancy, repositioning, or lease-up strategies
- Exceptional visibility along Sepulveda Blvd with ±83,799 daily traffic count
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,860 SF | Negotiable | $67.34 CAD/SF/YR $5.61 CAD/SF/MO $327,269 CAD/YR $27,272 CAD/MO | Triple Net (NNN) |
1st Floor
Marcus & Millichap is pleased to present 1203–1209 N Sepulveda Boulevard a rare opportunity to acquire or lease a highly visible, freestanding commercial property comprised of four contiguous parcels totaling ±22,082 SF, improved with two buildings totaling ±5,168 SF (4,830 SF + 338 SF) in the heart of Manhattan Beach’s premier Sepulveda Corridor. The property is being delivered vacant, offering immediate flexibility for a tenant, owner/user or investor seeking to reposition the asset. The building layout and underlying CG (General Commercial) zoning support a wide range of retail, office, and serviceoriented uses. Additionally, the site offers a unique opportunity to significantly increase parking from the existing 2.89/1,000 SF to approximately 5.00/1,000 SF through conversion of the existing playground areas back to surface parking, making the asset suitable for more parking-intensive uses, including medical or experiential retail. Strategically located just north of the signalized intersection of Sepulveda Boulevard and Manhattan Beach Boulevard (±83,799 vehicles per day), the property benefits from exceptional frontage, access, and visibility. The site is directly across the street from a Target-anchored retail center, positioning it within one of the South Bay’s most heavily trafficked and amenitized commercial corridors. The surrounding Manhattan Beach submarket is among the most desirable coastal communities in Los Angeles, where the combination of affluent residential neighborhoods and nearby corporate employment hubs drives strong consumer spending. The area is further supported by consistent tourism, highlighted by destination draw areas such as Manhattan Beach’s renowned The Strand, enhancing retail demand and overall location appeal. Offered for sale or lease with immediate availability, the property provides a compelling opportunity to capitalize on the strong fundamentals of the Manhattan Beach market, including high household incomes, limited supply, and sustained demand from both users and investors.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
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 1203 N Sepulveda Blvd, Manhattan Beach, CA 90266
- Tenant
- Description
- US Locations
- Reach
- Creative Kids Preschool
- Health Care and Social Assistance
- 1
- -
| Tenant | Description | US Locations | Reach |
| Creative Kids Preschool | Health Care and Social Assistance | 1 | - |
Property Facts
| Total Space Available | 4,860 SF | Gross Leasable Area | 4,860 SF |
| Property Type | Retail | Year Built | 1968 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 2.89/1,000 SF |
| Total Space Available | 4,860 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 4,860 SF |
| Year Built | 1968 |
| Parking Ratio | 2.89/1,000 SF |
About the Property
The property is located along Sepulveda Boulevard near the intersection with Manhattan Beach Boulevard in Los Angeles County. It spans approximately 22,082 SF of land and includes two buildings totaling about 5,198 SF. Zoning is CG (General Commercial), and the site sits within the Beach Cities/Palos Verdes submarket. The parcel lies in Flood Zone B and X and offers regional accessibility via major roadways. Los Angeles International Airport is approximately 5 miles away, and the surrounding area includes retail centers, banks, and dining.
- 24 Hour Access
Nearby Major Retailers
Contacts
-
Brin Hamblin -
Hannah Zager -
Ryan Rothstein-Serling -
Martin Agnew -
Filip Niculete -
Glen Scher -
Agnew | Serling Group
Presented by
1203 N Sepulveda Blvd
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