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500-506 Carson Town Ctr N 171,665 SF 100% Leased 4-Star Retail Building Carson, CA 90745 For Sale
INVESTMENT HIGHLIGHTS
- Existing assumable financing at 4.07% interest fixed in the amount of $26,500,000 due in January 2030.
- Pending zoning change will allow for Flex Industrial
- Large land size allows for substantial additional development including fast food pads
- Asset is 100% leased to Floor & Décor, Planet Fitness, and John’s Incredible Pizza.
- High performing locations for Floor & Décor (Second highest out of 27 in California) & Planet Fitness (20th highest out of 176) per Placer.
- Long term NNN leases with well structured rental increases and multiple options to extend.
EXECUTIVE SUMMARY
FOR SALE! 100% Leased South Bay Retail Center anchored by Floor & Decor. Opportunity to develop up to 5 Retail Pads at the property.
Newmark and NAI Capital are pleased is pleased to present the opportunity to acquire Carson Town Center located at 500-506 Carson Town Center N, Carson CA 90745 (hereafter the “Property”, “Project” “Center”) The property consists of approximately 169,656 SF of building on approximately 17.54 acres of land. It is 100% leased to Floor & Décor, Planet Fitness, and John’s Incredible Pizza. The center features ample land area which provides for a value-add opportunity to develop additional retail pads as well as potential Flex Industrial buildings. Located at the southeast corner of the signalized intersection of Figueroa Street and Torrance Boulevard, the property is directly adjacent to the 110 Freeway and benefits from excellent pylon signage on Figueroa Street that is freeway visible.
The property boasts an incredible location in the South Bay sub-market, just off the 110 Freeway (Harbor Freeway) and within 2 miles of the 405 Freeway (San Diego Freeway), in the heart of the City of Carson. The 110 Freeway, also known as the Harbor Freeway, is the main transportation route the to the Port of Los Angeles and Port of Long Beach. The area is comprised of dense and affluent demographics, and is a mix of well established single family neighborhoods as well as class A industrial districts occupied by major corporations. Many young families have been moving to the South Bay for the past several years seeking safe/clean neighborhoods and good school districts, which has been boosting the demographics and local home values.
Newmark and NAI Capital are pleased is pleased to present the opportunity to acquire Carson Town Center located at 500-506 Carson Town Center N, Carson CA 90745 (hereafter the “Property”, “Project” “Center”) The property consists of approximately 169,656 SF of building on approximately 17.54 acres of land. It is 100% leased to Floor & Décor, Planet Fitness, and John’s Incredible Pizza. The center features ample land area which provides for a value-add opportunity to develop additional retail pads as well as potential Flex Industrial buildings. Located at the southeast corner of the signalized intersection of Figueroa Street and Torrance Boulevard, the property is directly adjacent to the 110 Freeway and benefits from excellent pylon signage on Figueroa Street that is freeway visible.
The property boasts an incredible location in the South Bay sub-market, just off the 110 Freeway (Harbor Freeway) and within 2 miles of the 405 Freeway (San Diego Freeway), in the heart of the City of Carson. The 110 Freeway, also known as the Harbor Freeway, is the main transportation route the to the Port of Los Angeles and Port of Long Beach. The area is comprised of dense and affluent demographics, and is a mix of well established single family neighborhoods as well as class A industrial districts occupied by major corporations. Many young families have been moving to the South Bay for the past several years seeking safe/clean neighborhoods and good school districts, which has been boosting the demographics and local home values.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
171,665 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1996/2019
NOI
$3,884,825 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
17.54 AC
Zoning
CASP-3 - In the process of passing a new zoning plan in 2 phases. Phase 1 has already passed, and Phase 2 which changes the zoning is scheduled for Q3 2025
Frontage
AMENITIES
- Freeway Visibility
- Pylon Sign
- Signalized Intersection
- Monument Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 7336-002-033 | Improvements Assessment | $24,048,424 CAD |
| Land Assessment | $16,011,433 CAD | Total Assessment | $40,059,857 CAD |
PROPERTY TAXES
Parcel Number
7336-002-033
Land Assessment
$16,011,433 CAD
Improvements Assessment
$24,048,424 CAD
Total Assessment
$40,059,857 CAD
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500-506 Carson Town Ctr N
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