401 Coral Cir
El Segundo, CA 90245
Flex Property For Sale

CBRE, Inc. is exclusively offering 401 Coral Circle, a high-quality industrial building totaling 56,815 SF in El Segundo, California in the highly desired South Bay industrial market. Exceptional opportunity to acquire a unique offering positioned to capitalize on the strategic South Bay location and dynamic industrial/ creative office market. This offering is 100% leased to Millennium Space Systems, a Boeing Company, through September 2026. The Boeing Company is an investment grade company with a Standard & Poor’s A credit rating. Newly renovated in 2019 (in progress), the two-story building features new landscaping, new parking lot overlay, new loading docks, restrooms, and office space, new roof, dock high loading and over standard, heavy power. The property is strategically located in El Segundo in the prime infill South Bay market, the most coveted industrial region nationally. This market is extremely tight, with a historically low vacancy rate of 0.6%, the lowest vacancy of any Greater Los Angeles submarket. This South Bay location offers immediate access to the Metro Rail Green Line and new Crenshaw Line and major freeways including the I-405 & I-105 with proximity to the Los Angeles International Airport and the Ports of Los Angeles and Long Beach, as well as the creative commerce centers of West LA. El Segundo’s emerging creative office market has positively impacted every segment of this dynamic market with over $4 Billion of investment since 2012 and over 2.4 million square feet of tenant migration over the last decade.