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INVESTMENT HIGHLIGHTS
- Rare Owner-User or Value-Add Opportunity: Delivered vacant, allowing for immediate occupancy or repositioning for a long-term NNN tenant.
- Prime Signalized Hard Corner: Located at the intersection of Hawthorne Blvd and Broadway with exposure to over 40,000+ vehicles per day.
- Rapidly Gentrifying Submarket: Hawthorne has seen a massive influx of investment due to its central location and business-friendly environment.
- Below Replacement Cost: Attractively priced at $215.12 PSF, significantly below the cost of new construction and comparable sales in the area.
- Flexible Zoning & Layout: Expansive 8,600 SF footprint with high ceilings offers potential for retail, showroom, medical office, or creative flex use.
- Strong Demographics: Densely populated trade area with an average household income exceeding $108,000 within a 5-mile radius.
EXECUTIVE SUMMARY
The Boyett Team at CBRE is pleased to present a rare opportunity to acquire 12341 Hawthorne Blvd, an approx. 8,600 square foot single-tenant retail building situated on a signalized corner in the heart of Hawthorne, CA.
Offered at just $215 per square foot, this property represents an exceptional value-add opportunity for an investor or a turnkey solution for an owner-user looking to establish a flagship presence in the thriving South Bay market.
Ideally situated at the northeast corner of Hawthorne Blvd and W Broadway, the property boasts excellent visibility and frontage along one of the region’s most heavily trafficked commercial corridors. The building features high ceilings, an open floor plan suitable for a variety of retail or showroom uses, and a large rear stock area. The property is C Zoned, allowing for a multitude of retail and commercial uses. Buyer to verify any specific uses with the city.
This asset is strategically located just north of El Segundo Blvd and minutes from the I-405 and I-105 freeways, providing seamless connectivity to major employment hubs including SpaceX, the new Ring headquarters, and SoFi Stadium. With the property currently vacant, a new owner has the immediate ability to renovate to suit their specific needs or lease the asset at market rates to a single tenant on a Triple Net (NNN) basis, capitalizing on the area’s rapid appreciation and dense population of over 700,000 residents within a 5-mile radius.
Offered at just $215 per square foot, this property represents an exceptional value-add opportunity for an investor or a turnkey solution for an owner-user looking to establish a flagship presence in the thriving South Bay market.
Ideally situated at the northeast corner of Hawthorne Blvd and W Broadway, the property boasts excellent visibility and frontage along one of the region’s most heavily trafficked commercial corridors. The building features high ceilings, an open floor plan suitable for a variety of retail or showroom uses, and a large rear stock area. The property is C Zoned, allowing for a multitude of retail and commercial uses. Buyer to verify any specific uses with the city.
This asset is strategically located just north of El Segundo Blvd and minutes from the I-405 and I-105 freeways, providing seamless connectivity to major employment hubs including SpaceX, the new Ring headquarters, and SoFi Stadium. With the property currently vacant, a new owner has the immediate ability to renovate to suit their specific needs or lease the asset at market rates to a single tenant on a Triple Net (NNN) basis, capitalizing on the area’s rapid appreciation and dense population of over 700,000 residents within a 5-mile radius.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
8,600 SF
Building Class
C
Year Built
1950
Price
$1,850,000
Price Per SF
$215.12
Tenancy
Single
Building Height
1 Story
Building FAR
0.99
Lot Size
0.20 AC
Zoning
HAC2YY - Commercial
Frontage
105’ on Hawthorne
AMENITIES
- Bus Line
- Signalized Intersection
Walk Score®
Very Walkable (85)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 4041-001-020 | Improvements Assessment | $612,440 |
| Land Assessment | $765,550 | Total Assessment | $1,377,990 |
PROPERTY TAXES
Parcel Number
4041-001-020
Land Assessment
$765,550
Improvements Assessment
$612,440
Total Assessment
$1,377,990
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12341 Hawthorne Blvd
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