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19100 Harborgate Way
Torrance, CA 90501
99 Ranch Market Single Tenant NNN · Retail Property For Sale
Investment Highlights
- Long-Term Corporate Lease Single Tenant Grocery Store in the South Bay, Los Angeles market
- 15 years absolute NNN lease with 4 (5-year) option period, 10% increase every 5 years
- Incredible population density of over 641,000 people with Average House Hold Income of over $119,000 within a 5-mile radius
- 99 Ranch Market, one of the largest Asian Grocery store chains in the United States
- Located within Harbor Gateway Shopping Center, anchored by Walmart, Starbucks, Carl’s Jr, Taco Bell, and Wendy’s
- Supply constrained, high barriers to entry, infill trade area with virtually no sites available for future development, securing long term success
Property Facts
Property Type
Retail
Property Subtype
Building Size
30,230 SF
Building Class
B
Year Built/Renovated
1999/2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
2.76 AC
Zoning
LAC2 - Neighborhood Commercial
Frontage
420’ on Harborgate Way
Amenities
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 7351-002-020 | Improvements Assessment | $6,065,940 |
| Land Assessment | $8,160,000 | Total Assessment | $14,225,940 |
Property Taxes
Parcel Number
7351-002-020
Land Assessment
$8,160,000
Improvements Assessment
$6,065,940
Total Assessment
$14,225,940
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