3730 Pacific Coast Highway, Torrance, CA 90505

$13,999,000
15,740
SqFt
List Price
$13,999,000
Price Change
▼ $1,901,000 1554950140
Status
ACTIVE
MLS#
SB19004264
Year Built
2015
Living Sq. Ft
15,740
Days on Market
163
Property Type
Commercial
Property Sub Type
Retail

Property Description

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. 3.75%. ** 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.

Additional Information

Taxes
$78,190
Water
Public

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of RAJU CHHABRIA from Chhabria Real Estate Company

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.