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15715-15721 S Crenshaw Blvd 12,180 SF 100% Leased Retail Building Gardena, CA 90249 $3,119,881 CAD ($256.15 CAD/SF)



INVESTMENT HIGHLIGHTS
- The Lease features uncapped CPI-based rent escalations every five (5) years, offering a reliable, inflation-hedged income stream.
- Located directly adjacent to El Camino College, home to over 22,000 students.
- Surrounded by over 256,000 residents within a three (3)-mile radius and an average household income of $120,000.
- At the Lease expiration, all improvements revert to the fee owner without compensation to the Lessee, unlocking substantial upside.
- Positioned at the signalized hard corner of Crenshaw Blvd. and Manhattan Beach Blvd., the site and enjoys high visibility.
- The intersection sees 45,000+ vehicles daily, ensuring consistent exposure and foot traffic - a key driver of retail success.
EXECUTIVE SUMMARY
Rare Ground Lease Offering - An exceptional opportunity to acquire the fee interest in a ground lease beneath a thriving shopping center, with thirteen (13) years remaining and no further extension options — offering a clear path to long-term value creation.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
12,180 SF
Building Class
B
Year Built
1991
Price
$3,119,881 CAD
Price Per SF
$256.15 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
0.86 AC
Zoning
LCC1* - Commercial
Parking
50 Spaces (4.11 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
Walk Score®
Very Walkable (81)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 4070-013-016 | Improvements Assessment | $441,213 CAD |
| Land Assessment | $483,984 CAD | Total Assessment | $925,197 CAD |
PROPERTY TAXES
Parcel Number
4070-013-016
Land Assessment
$483,984 CAD
Improvements Assessment
$441,213 CAD
Total Assessment
$925,197 CAD
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15715-15721 S Crenshaw Blvd
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