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- LoopNet Team
321 Pier Ave
Hermosa Beach, CA 90254
321 Pier Ave (Lease Assignment) · Property For Lease
HIGHLIGHTS
- Corner windows with visibility from two directions
PROPERTY FACTS
| Property Type | Retail | Gross Leasable Area | 5,587 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1948 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 5,587 SF |
| Year Built | 1948 |
ABOUT THE PROPERTY
Bring your own concept to this turn key, ground floor retail space (currently a clothing boutique) located on highly visible corner of Pier Avenue in Hermosa Beach. Large corner retail location with windows visible from 2 directions. Spacious back room/office with restroom. Assignment of existing lease to April 30, 2026. Existing lease terms subject to assignment: Security deposit $5600 5/2023-2024: 3% $5,528.35 5/2024-2025: 3% $5,694.20 5/2025-2026: 3% $5,865.03 Rent increases 3% annually. Tenant has option to extend the term of this Lease for One (1) additional Sixty (60) Month period commencing when the current lease term expires April 2026.
- Tenant Controlled HVAC
