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Torrance Western Shopping Center 3 Retail Properties Offered at $23,908,185 CAD in Torrance, CA
Investment Highlights
- Prominent Anchor Tenant With a New 10 Year Lease
- Multiple Parcels Provide Multiple Exit Strategies
- High Traffic Location with Strong Demographics
Executive Summary
Newmark, as exclusive advisor, is pleased to present the opportunity to acquire a fully leased 37,578-square-foot shopping center on 3.09-acres parcel in Torrance, CA. Strategically located at the signalized intersection of South Western Avenue and West 182nd Street, the center benefits from high visibility and a densely populated trade area.
DISCLAIMER:
All property-related questions can be directed to the listing team. For access to the full OM, please contact Mark Repstad at mark.repstad@nmrk.com to obtain the confidentiality agreement.
DISCLAIMER:
All property-related questions can be directed to the listing team. For access to the full OM, please contact Mark Repstad at mark.repstad@nmrk.com to obtain the confidentiality agreement.
Property Facts
| Price | $23,908,185 CAD | Number of Properties | 3 |
| Price / SF | $614.67 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 5.57% | Total Building Size | 38,896 SF |
| Sale Type | Investment | Total Land Area | 3.09 AC |
| Status | Active |
| Price | $23,908,185 CAD |
| Price / SF | $614.67 CAD / SF |
| Cap Rate | 5.57% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 38,896 SF |
| Total Land Area | 3.09 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1820 W 182nd St, Torrance, CA 90504 | Retail | 23,396 SF | 1967 | - |
| 1842 W 182nd St, Torrance, CA 90504 | Retail | 8,000 SF | 1967 | - |
|
Sansei Center
18203 Western Ave, Torrance, CA 90504 |
Retail | 7,500 SF | 2016 | - |
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Torrance Western Shopping Center
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