Walgreens 2976 Sepulveda Blvd 15,048 SF Retail Building Torrance, CA 90505 $13,267,438 CAD ($881.67 CAD/SF) 4.42% Cap Rate

An exceptional opportunity to acquire a fully leased commercial property strategically located along the high-traffic Sepulveda Boulevard in the heart of Torrance, one of South Bay’s most vibrant and affluent markets. This stabilized asset delivers immediate cash flow and strong long-term appreciation potential.
Fully Stabilized Asset: 100% leased, offering investors secure and predictable income.
Modern Construction: Built in 2002, reducing near-term capital expenditure requirements.
High Barriers to Entry: Limited new commercial development in Torrance supports strong rental rates and low vacancy.
Dynamic Economic Environment: Torrance is a regional employment center with strong representation in aerospace, healthcare, automotive, and international business sectors.
Zoning Flexibility: TOCC-GEN zoning allows for a broad range of commercial uses, enhancing long-term adaptability and value.
Prime Visibility: Direct frontage on Sepulveda Boulevard with significant daily traffic volumes.
Excellent Access: Minutes to the I-405 and I-110 freeways, providing seamless connectivity throughout Los Angeles and South Bay.
Major Retail & Commercial Hub: Surrounded by national retailers such as Target, Ralphs, Best Buy, and major shopping centers.
Strategic Positioning: Close proximity to Torrance Memorial Medical Center, Del Amo Fashion Center, and major corporate campuses.
Retail Vacancy: Torrance maintains a retail vacancy rate under 5%, one of the lowest in the South Bay region.
Rental Growth: Strong historical rent growth supported by limited supply and high demand.
Economic Resilience: Torrance's diverse economy and high median income offer insulation against market volatility.
Population (within 3 miles): 220,000+ residents
Average Household Income (within 3 miles): $120,000+
Median Age: 41 years
Educational Attainment: 44% of residents hold a bachelor's degree or higher