1660 W 25th St 1 345 pi² Commerce de détail Immeuble San Pedro, CA 90732 3 018 210 $ CAD (2 244,02 $ CAD/pi²) 5,50% Taux de capitalisation

Newmark Capital Markets & WestPac Partners is pleased to present to qualified investors the rare opportunity to acquire a core, coastal, single-tenant NNN A&E Auto Service & Tire (“Property”). Strategically located at the convergence of Rancho Palos Verdes and San Pedro, two of the most stable and established coastal communities in Los Angeles County, the Property consists of 1,800 square feet of improvements situated on 0.27 acres of land. A&E Auto Service recently executed a fresh 5-year lease extension, further validating the long-term strength and viability of this location. The lease features fixed rental increases of 4% annually.
The site has served as an essential service hub for the residents of Rancho Palos Verdes Peninsula and San Pedro. The two submarkets are historically supply-constrained, featuring high barriers to entry, limited competing auto service facilities, and a deeply loyal consumer base. San Pedro has an average household income exceeding $96,000 while Rancho Palos Verdes represents over $158,000. The property sits just west of the signalized intersection of 25th Street & Western Avenue. Western Avenue is the primary north/south arterial for commuters around the Palos Verdes Peninsula while West 25th Street turns into Palos Verdes Drive East, the primary east/west arterial around the Palos Verdes Peninsula with very good combined traffic counts of over 58,000 CPD at the signalized intersection of 25th & Western.