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Gardena Gateway Center 1340-1386 W Artesia Blvd 65,987 SF 100% Leased Retail Building Gardena, CA 90248 For Sale

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Investment Highlights

Premier Specialty Grocery Anchored Shopping Center – Gardena Gateway Center is a ±65,987 SF, 100% occupied
Historically Stable, Long-Term Occupancy – Approximately, ±53,362 SF (81% of GLA) has been occupied for 10+ years
Improving Returns – Due to embedded rental increases, the Net Operating Income is expected to increase approximately $861,000 (42%)

High Performing Tenancy – Over 75% of the GLA reports sales, including national and regional tenants
Below Market Rents – Current in place lease rates are approximately ~20% below prevailing market rents
Significant Frontage, Tremendous Visibility and Signage – Gardena Gateway Center benefits from ±900 feet of prominent frontage along SR-91

Executive Summary

* Premier Specialty Grocery Anchored Shopping Center – Gardena Gateway Center is a ±65,987 SF, 100% occupied, neighborhood shopping center anchored by a high-performing 99 Ranch Market and featuring a diverse, top tier tenant mix generating meaningful “daily needs” trips

* 99 Ranch Market is the largest Asian supermarket chain in the U.S. and the largest retailer specializing in Chinese and Taiwanese products, founded in 1984 and operating 60+ locations nationwide. It is widely recognized for its authentic Asian groceries, fresh produce and seafood, and a strong assortment of everyday essentials alongside select Western offerings

* High Performing Tenancy – Over 75% of the GLA reports sales, including national and regional tenants 99 Ranch Market, Daiso Japan, and 85°C Bakery Café, combined averaging $527+ PSF in sales, underscoring strong tenant health, sustained foot traffic, and long term rent durability

* Historically Stable, Long-Term Occupancy – Approximately, ±53,362 SF (81% of GLA) has been occupied for 10+ years, and ±26,200 SF (40% of GLA) for 30+ years, underscoring strong tenant retention, operational stability, and long standing commitment to the site

* Below Market Rents – Current in place lease rates are approximately ~20% below prevailing market rents property wide, providing investors with meaningful upside through lease rollover and rent growth

* Improving Returns – Due to embedded rental increases, the Net Operating Income is expected to increase approximately $861,000 (42%) over the expected hold period, enhancing long term return potential

* Significant Frontage, Tremendous Visibility and Signage – Gardena Gateway Center benefits from ±900 feet of prominent frontage along SR-91 (±57,000 CPD) with convenient access from Normandie Avenue (±22,200 CPD) and W Cassidy Street. The property is strategically located within a half mile of both the I-110 and I-405, providing regional connectivity and ease of access

Property Facts

Sale Type

Investment

Property Type

Retail

Building Size

65,987 SF

Building Class

Year Built

1990

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.23

Lot Size

6.45 AC

Zoning

GAC3 - General Commercial

Parking

345 Spaces (5.23 Spaces per 1,000 SF Leased)

Frontage

1,059’ on W Artesia Blvd

24 Hour Access
Bus Line

Corner Lot
Pylon Sign

Restaurant
Signage

Signalized Intersection

Manufacturing
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85°C Bakery Cafe began in the early 2000s after founder Cheng-Hsueh Wu envisioned a cafe with premium coffee, bread, and cake at accessible prices. The company grew from that concept into a bakery cafe chain that serves handcrafted drinks, fresh pastries, gourmet cakes, and baked goods made in store. The business maintains a broad U.S. presence across several states while also operating at a worldwide scale. The brand's menu and format center on coffee, bread, cake, and other bakery items, with online ordering and a rewards app supporting store and digital sales.