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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
B
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

Amenities

  • 24 Hour Access
  • Bus Line
  • Corner Lot
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Manufacturing
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

85°C Bakery Cafe is an international bakery and beverage chain founded in 2004 in Taiwan by Cheng-Hsueh Wu. The brand operates under Gourmet Master Co. Ltd and is publicly traded on the Taiwan Stock Exchange (Ticker: TWSE: 2723). Known for its signature sea salt coffee and fresh-baked pastries, the company expanded globally and opened its first U.S. store in Irvine, California in 2008. Today, it has over 1,000 locations worldwide, including significant presence in Asia, the United States, and Australia. The company emphasizes handcrafted drinks and pastries made fresh hourly. Notable milestones include launching its first solar-powered U.S. central kitchen in Brea, California in 2017 and recent expansions into the East Coast with drive-thru concepts.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Manufacturing - - Lorem Ipsum Jan 0000
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100

Nearby Major Retailers

Chase Bank
The Coffee Bean & Tea Leaf
Kroger
Food 4 Less
Lee's Sandwiches
Herc Rentals
Albertsons Bakery
bb.q Chicken
Kura Sushi
U.S. Bank

Property Taxes

Property Taxes

Parcel Number
6111-040-021
Land Assessment
$13,012,054
Improvements Assessment
$11,522,206
Total Assessment
$24,534,260
  • Listing ID: 40679721

  • Date on Market: 5/27/2026

  • Last Updated:

  • Address: 1340-1386 W Artesia Blvd, Gardena, CA 90248

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