Historical Retail Sale Listing - Chili's Bar & Grill at SouthBay Pavilion

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Chili's Bar & Grill at SouthBay Pavilion

20760 Avalon Blvd, Carson, CA 90746

N/A

7,000 SF | Retail

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Retail Property - Off Market

Price:
N/A
Building Size:
7,000 SF
Property Type:
Retail
Property Sub-type:
Restaurant
Additional Sub-types:
Regional Center/Mall
Property Use Type:
Investment
Cap Rate:
5%
Tenancy:
Single
Property on Ground Lease?:
Yes
Year Built:
2006
Lot Size:
34,848 SF
Listing ID
15155010
Last Updated
over 1 year ago

Highlights

  • Long term lease (10 Years) with Brinker Corporation ($4.1 Billion Sales)
  • ?? Co Anchored by Target, Ikea, Sears, JC Penney, Big 5, 24 Hour Fitness
  • Part of Newly Renovated South Bay Pavillion
  • Located adjacent to San Diego Freeway (525,000 cars per day)
  • Dense infill area with over 2,500,000 consumers in a 10 mile radius
  • Brand New Construction- Strong Grand Opening Sales

Description

Chilis is located as an outparcel to the South Bay Pavilion (1,017,590 Sq Ft Regional Mall) located in Carson, California. The City of Carson is extremely pro business and is located adjacent to 3 of the most heavily trafficked major freeways in Southern California- 405/110/91 . This center can boast as having approximately 1 out of 5 residents in Los Angeles and Orange Counties within a 10 miles radius.

South Bay Pavilion has recently undergone an extensive renovation creating a first class shopping destination along with the addition of a brand new Target, Big 5, existing IKEA( 1 of only 5 in Southern California) , Sears , JC Penney as well as Washington Mutual and several new food court tenants- Coffee Bean, Jamba Juice, and Panda Express. In addition the 4 large anchor tenants will generate in excess of $160 M in annual sales.

The city of Carson is located approximately 13 miles south of downtown Los Angeles in the northeast portion of the South Bay. The city was incorporated on February 6, 1968 and currently encompasses a land area of approximately 16 square miles. It is bounded on the north by the city of Compton; on the east by the city of Long Beach and Rancho Dominguez (an unincorporated portion of Los Angeles County); on the south by Wilmington (an unincorporated portion of Los Angeles County); and on the west by a portion of the city of Los Angeles and an unincorporated portion of Los Angeles County. The city of Carson has proven to be an attractive location for a broad range of businesses, due in part to the city' s pro-business stance and the fact that the city has relatively low business license fees and does not impose a utility use tax, gross receipts tax, local property tax, or parking tax.

Map of 20760 Avalon Blvd, Carson, CA 90746 (Los Angeles County)

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