Pride of ownership -2015 build, situated on a prime corner lot with the whole building currently leased (Buildings A, B and C). Located on a high traffic intersection of Hawthorne Blvd and Pacific Coast Highway with a traffic count of approx. 80,000 cars per day. Anchor tenant is Orange Theory Fitness with other major tenant being . Closely located to other major retail stores, shops, restaurants and residential areas. Cap rate is approx. 3.15%. ** 3 spaces totaling 4,258 SF are occupied by Principal(s). Total Gross Income estimated to be around $621,912 All Leases have at least 3% increases annually and ALL NNN leases. Operating expenses are completely covered under CAM income.
Listing courtesy of RAJU CHHABRIA from Chhabria Real Estate Company
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