Lennox, CA
Commercial Real Estate Market Trends & Data

$426 Avg asking sale price
$28 Avg asking lease rate
8,844 SF Avg unit lease size
20,672 SF Avg building size for sale
6.05% Average cap rate

Lennox's Demographic Profile

Lennox has 4,820 households and a median income of $52,453, providing context for rent absorption and tenant demand across retail and multifamily assets. A -5% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 18,369
# Households 4,820
Median age 34
Median household income $52,453
Avg household size 4.0
Renter-occupied housing units 3,431
5-year population change -5%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Lennox, CA

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Inglewood $492 10,120 SF 9.35%
Hawthorne $453 9,360 SF 7.00%
Westchester $713 5,953 SF 7.00%
El Segundo $717 5,981 SF 5.36%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Inglewood $417 24,799 SF 6.25%
Hawthorne $477 8,485 SF 7.00%
Westchester $531 23,482 SF 7.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Lennox $550 6,431 SF
Inglewood $570 13,816 SF
Hawthorne $628 6,723 SF
Westchester $799 6,156 SF
El Segundo $896 5,756 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Lennox $346 33,260 SF 6.52%
Inglewood $343 12,575 SF 8.12%
Hawthorne $350 16,865 SF 7.85%
Westchester $467 12,402 SF 7.23%
El Segundo $706 4,114 SF 5.02%

Commercial Properties For Sale in Lennox

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

R C Plaza

Inglewood, CA 90304

  • 4,900 SF Retail Building
  • 7.80% Cap Rate
  • $2,680,000
For Sale

I-Wood Apartments

Inglewood, CA

  • $12,000,000
For Sale

3940 W 112th St

Inglewood, CA 90303

  • 5,360 SF Multifamily
  • 5.37% Cap Rate
  • $1,750,000
For Sale

Century Hawthorne | Inglewood, CA

Inglewood, CA 90304

  • 12,407 SF Retail Building
  • 5.25% Cap Rate
  • $7,930,000
For Sale

3835 W 104th St

Inglewood, CA 90303

  • 23,555 SF Multifamily
  • 6.52% Cap Rate
  • $6,375,000
For Sale

Redevelopment Site - Build 100 Units By-Right

Lennox, CA 90304

  • 7,903 SF Retail Building
  • $3,600,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Lennox pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Lennox $426 20,672 SF
Inglewood $438 20,412 SF
Hawthorne $495 11,072 SF
Westchester $614 12,911 SF
El Segundo $693 8,021 SF

Multifamily Properties For Sale in Lennox

For Sale

10136 Inglewood Ave

Inglewood, CA 90304

  • 136,000 SF Multifamily
  • 6.00% Cap Rate
  • $33,000,000

Regional Demographic Comparison

This comparison places Lennox alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Lennox or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Lennox 18,369 4,820 34 $52,453 4 3,431 -5%
Inglewood 103,043 36,066 39 $64,830 3 23,408 -3%
Hawthorne 85,757 29,555 37 $66,934 3 21,540 -3%
Westchester 35,225 14,651 39 $123,760 2 7,551 -1%
El Segundo 16,500 6,789 41 $131,319 2 3,889 -3%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Lennox, CA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Lennox

View All Commercial Real Estate For Sale in Lennox
Is Lennox a good market for a first-time commercial real estate investor?

Lennox offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Lennox?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Lennox. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Lennox?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Lennox. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Lennox compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Lennox. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Lennox acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Lennox, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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