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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)

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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
1031 Exchange
Property Type
Retail
Property Subtype
Storefront
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
157’ on S Crenshaw Blvd

AMENITIES

  • Bus Line
  • Pylon Sign
  • Signage
  • Signalized Intersection
Walk Score®
Very Walkable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

IHOP
Superior Grocers
Starbucks
Ralphs
Chase Bank
First Bank (CA,IL,MO)
Yoshinoya
Northgate Gonzalez Market

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4070-013-016
Land Assessment
$483,984 CAD
Improvements Assessment
$441,213 CAD
Total Assessment
$925,197 CAD
  • Listing ID: 38329186

  • Date on Market: 2025-11-04

  • Last Updated:

  • Address: 15715-15721 S Crenshaw Blvd, Gardena, CA 90249

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