17000 Hawthorne Boulevard, Lawndale, CA 90260

List Price
Year Built
Lot Location
Corners Marked, Level, Paved, Sprinklers None, Street Level, Walkstreet
Days on Market
Property Type
Property Sub Type

Property Description

Asking $3,899000 for purchase and $2.75 / s.f. NNN ($.0.50) for lease rateFor LEASE or SALE with abundant parking and high visibility on Hawthorne Blvd, this 7,080 s.f. building on a 14,358 s.f. parcel is just a short distance to the South Bay Galleria in beautiful Lawndale.With easy access and a corner location, this desirable property is ideally suited for a restaurant, religious facility, market, or other vibrant retail business requiring onsite customer parking. The ground level, single story interior is wide open, with abundant windows facing Hawthorne Blvd., so it's a 'blank slate', ready for your imagined retail concepts (see renderings).The property benefits from over 53,000 vehicles a day passing by and is just 2 blocks from the intersection of Hawthorne and Artesia, which sees 110,000 vehicles a day and is one of the busiest intersections in the South Bay area. A retail business here will be in the great company of nearby national retailers such as Starbuck's, Boston Market, Walgreens, CVS, and Chase Bank. Prospective retailers can also look forward to the nearby South Bay Galleria's planned remodel and Metro Link's expansion to attract and generate an even greater customer base. For destination-oriented retailers, this location is just a few blocks away from the 405 Freeway.SALIENT FACTSParcel # 4075-014-025High Traffic Counts - 53,000+ VPD 7,080 s.f. freestanding buildingLarge 14,358 SF Lot (.33 acres)20 Parking Spaces2 Blocks from South Bay Galleria MallWalk Score: Very walkable (88)Retail / Restaurant / mYear Built: 1960 Parking ratio: 2.9 / 1,000 s.f.Hawthorne frontage: 118 linear feetAccess: Access from three sides, including the rear alleywayZoning is NC / Neighborhood commercial, Lawndale. See attached for uses allowed in this zoningNNN: Approximately $0.50 cents / s.f.INVESTMENT HIGHLIGHTSDEVELOPMENT OPPORTUNITY: Landlord has approved plans to build 35 apartment units with ground-floor retail and underground parking.OPPORTUNITY ZONE: Located in a Qualified Opportunity Zone offering potential tax incentives.SOUTH BAY GALLERIA REDEVELOPMENT: The subject property is only three blocks from the South Bay Galleria, which is in its first phase of remodeling.HARD, SIGNALIZED CORNER: - the property benefits from a hard, signalized corner location with over 118 linear feet of frontage along both Hawthorne Blvd. & 170th Street.

Additional Information

Exterior Construction
Frame, Stucco
Composition, Flat
Attached Structure

Listing courtesy of Listing Agent: Andrew Adler (z97andy@gmail.com) from Listing Office: Century 21 Real Estate Alliance.

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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.