The Hirth Group of KW Commercial has been exclusively selected to market for sale 13302 - 13308 Inglewood Avenue, Hawthorne CA 90250. 13302 – 13308 Inglewood Avenue is a multi-tenant retail property consisting of approximately 3,681 SF of building on an approximate 5,268 SF lot. The current tenants include a: Baseball Card Shop, Dance Studio, Office/Storage Space, and one vacancy. All the leases expire in approximately one year with no options thus allowing the new owner to increase rents immediately upon expiration. This is an Ideal opportunity for a partial owner user or value add investor looking to capitalize on the below market rents in Hawthorne’s booming market.
13302 – 13308 Inglewood Avenue is located on the corner of Inglewood Ave and 133rd St, near 405 freeway. Hawthorne is now home to some very popular companies, some of which include: Space X, Tesla, and Triumph Aerostructures. According to many, Hawthorne is predicted to be the next Arts District. New tenants such as breweries, letterpress studios, restaurants, and artist studios are now occupying all the old warehouses that used to be occupied by Aerospace companies. Also, the new Rams/Chargers stadium is only minutes away as well as the re-developed Forum. We are watching the Inglewood and Hawthorne Sub-Markets change before our eyes.
Densely Populated Sub-Market
Excellent Exposure and Visibility
Cap Rate Current/Pro Forma: 4.06%/7.24%
Great Owner User/Investment Opportunity
Minutes Away from 405 FWY and SpaceX Headquarters
License CA 01515796
License CA 02024364