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4830 W Rosecrans Ave
Hawthorne, CA 90250
Hawthorne Plaza · Retail Property For Sale

Property Facts
About 4830 W ROSECRANS AVE , HAWTHORNE, CA 90250
INVESTMENT HIGHLIGHTS * High Performing Grocery Shadow Anchored Shopping Center – Hawthorne Plaza is a 12,848 SF retail center, anchored by a high performing Walmart Neighborhood Market (NAP) and Marshalls (NAP). Walmart is reportedly generating excellent sales in excess of $585 PSF, providing a strong “daily needs” draw to the center (Neilson) * High Identity/ High Traffic Location – Strong traffic counts exceeding 60,000 CPD at this strategic Rosecrans Avenue / Inglewood Avenue intersection combined with convenient ingress and egress make the property a customer favorite and Less than .5 miles and easily accessible (via Rosecrans Avenue) to the 405 Freeway (over 273,000 CPD) * Tremendous Cash Flow Growth - Through the lease up of the vacant space, scheduled rental increases and below market rents (in-place rents are on average 14% below prevailing rates), the Net Operating Income is projected to grow over $326,500 (nearly 100%) during the anticipated hold period, providing a strong hedge against inflation * High Occupancy Asset – Highly stable shopping center, 64% of the in-place GLA has occupied this location for more than 10 years, proving the viability of this retail location * More than 729,200 people in a 5-mile radius with an Average Household Income exceeding $88,500
Links
Property Taxes
| Parcel Numbers |
Multiple
|
Improvements Assessment | $1,208,404 |
| Land Assessment | $564,838 | Total Assessment | $1,773,242 |
Property Taxes
- 4149-001-098
- 4149-001-100
Listing ID: 11217229
Date on Market: 1/11/2018
Last Updated:
Address: 4830 W Rosecrans Ave, Hawthorne, CA 90250
The Retail Property at 4830 W Rosecrans Ave, Hawthorne, CA 90250 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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