This Retail Property is no longer advertised on LoopNet.com.

24911 Western Ave
Lomita, CA 90717
Savers · Retail Property For Sale

Investment Highlights

  • Strong International Lessee – TVI, Inc. (parent company of Savers and Value Village) is the lease guarantor.
  • Established Location – The site historically operated as a grocery store for over 50 years until Savers moved into the space in 2013.
  • Strong Intrinsic Real Estate Value – The property has almost 26,000 square feet of rentable area.
  • Rare 2+ Acre Single Tenant Net-Lease Investment
  • Store Sales Growth Over 41% – Sales at this location have increased over 41% from 2015 – 2019, growth of over 10% per year.
  • Prominent South Bay Location.

Property Facts

Property Type
Retail
Property Subtype
Supermarket
Building Size
25,998 SF
Building Class
C
Year Built/Renovated
1958/2013
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Slab To Slab
12’
Building FAR
0.33
Lot Size
1.79 AC
Zoning
LAC2
Parking
114 Spaces (4.38 Spaces per 1,000 SF Leased)
Frontage
315’ on Lomita Blvd

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 7372-017-021
  • 7372-017-031
Land Assessment
$6,386,349
Improvements Assessment
$2,489,593
Total Assessment
$8,875,942
  • Listing ID: 21219230

  • Date on Market: 10/13/2020

  • Last Updated:

  • Address: 24911 Western Ave, Lomita, CA 90717

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}