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HIGHLIGHTS
- Westgate Center, located on the border of Torrance and Redondo Beach, has over 1.2M annual visitors (Source: Placer. ai).
- Opportunity to join national and well-know co-tenants such as Harbor Freight Tools, AutoZone, Big 5 Sporting Goods, DSW, and more.
- Adjacent to South Bay Galleria, which sees over 3.1M annual visitors (source: Placer.ai) and is planned for the South Bay Social District Mall redevel
- Located on one of the city’s main intersection with Hawthorne Blvd (±68,000 VPD) and Artesia Blvd (±30,000 VPD).
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 17498 | 2,106 SF | Negotiable | $54.44 CAD/SF/YR $4.54 CAD/SF/MO $114,652 CAD/YR $9,554 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 17510 | 1,470 SF | Negotiable | $54.44 CAD/SF/YR $4.54 CAD/SF/MO $80,028 CAD/YR $6,669 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 17516 | 831 SF | Negotiable | $54.44 CAD/SF/YR $4.54 CAD/SF/MO $45,240 CAD/YR $3,770 CAD/MO | TBD |
1st Floor, Ste 17498
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
1st Floor, Ste 17510
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
1st Floor, Ste 17516
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.
PROPERTY FACTS
| Total Space Available | 4,407 SF | Total Land Area | 5.93 AC |
| Property Type | Retail | Year Built/Renovated | 1963/1995 |
| Gross Leasable Area | 109,083 SF |
| Total Space Available | 4,407 SF |
| Property Type | Retail |
| Gross Leasable Area | 109,083 SF |
| Total Land Area | 5.93 AC |
| Year Built/Renovated | 1963/1995 |
NEARBY MAJOR RETAILERS
Presented by
Westgate Center | 17490 Hawthorne Blvd
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