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Inglewood Marketplace 139 S Market St 68,300 SF 100% Leased Retail Building Inglewood, CA 90301 For Sale



INVESTMENT HIGHLIGHTS
- Prime infill location walkable to the new Metro station and SoFi Stadium and The Forum
- Rare large parcel with dual frontage on La Brea Ave and Market St in the heart of Downtown Inglewood
- Potential for adaptive reuse to entertained focused uses to take advantage of Inglewood's transformation to entertainment capital of Los Angeles
- Historic Core (HC) zoning in Downtown Inglewood TOD plan allows for wide range of uses including high-density residential and hospitality
EXECUTIVE SUMMARY
The Parham Group at Marcus & Millichap is pleased to present for sale 139 S. Market Street, Inglewood. Currently operating as the “Inglewood Marketplace” swap meet, this property is a one-of-a-kind asset in the rapidly growing Inglewood market, which has become the epicenter for entertainment in Southern California. This property’s ideal location in the heart of Downtown Inglewood with frontage on La Brea Avenue as well as on historic Market Street, positions this property perfectly to take advantage of the City’s rapid growth.
139 S. Market Street is an approximately 68,300 SF building sitting on a 35,282 SF lot with 125 Ft of frontage on La Brea Avenue and 100 Ft of frontage on Market Street while also having significant visibility from Manchester Boulevard. This area of Downtown Inglewood has seen dramatic growth in recent years including the opening of the new Downtown Metro station, the 243 unit Astra apartment complex with Target on the ground floor and the 144 unit DeMilo apartment complex, all of which are within half a mile of 139 S. Market Street.
139 S. Market Street is an approximately 68,300 SF building sitting on a 35,282 SF lot with 125 Ft of frontage on La Brea Avenue and 100 Ft of frontage on Market Street while also having significant visibility from Manchester Boulevard. This area of Downtown Inglewood has seen dramatic growth in recent years including the opening of the new Downtown Metro station, the 243 unit Astra apartment complex with Target on the ground floor and the 144 unit DeMilo apartment complex, all of which are within half a mile of 139 S. Market Street.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
68,300 SF
Building Class
C
Year Built/Renovated
1941/1985
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.91
Lot Size
0.82 AC
Zoning
HC - Downtown Inglewood TOD - Historic Core (HC)
AMENITIES
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- 1st Floor
- 33,400 SF
- Office/Retail
- -
- 30 Days
- 2nd Floor
- 33,400 SF
- Office/Retail
- -
- 30 Days
| Space | Size | Space Use | Position | Available |
| 1st Floor | 33,400 SF | Office/Retail | - | 30 Days |
| 2nd Floor | 33,400 SF | Office/Retail | - | 30 Days |
1st Floor
| Size |
| 33,400 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| 30 Days |
2nd Floor
| Size |
| 33,400 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| 30 Days |
Walk Score®
Walker's Paradise (96)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 4021-009-031 | Improvements Assessment | $1,839,180 CAD |
| Land Assessment | $1,810,662 CAD | Total Assessment | $3,649,842 CAD |
PROPERTY TAXES
Parcel Number
4021-009-031
Land Assessment
$1,810,662 CAD
Improvements Assessment
$1,839,180 CAD
Total Assessment
$3,649,842 CAD
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Inglewood Marketplace | 139 S Market St
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