Overview

Description

Rare Torrance Multi-Tenant Retail Center – Torrance Plaza is a highly desirable strip center located in one of the most sought-after cities in the South Bay, offering long-term stability and rental growth in high barrier to entry market.

100% Occupied Investment – Torrance Plaza is a fully leased shopping center producing consistent annual cash flow proving for a stable investment.

Excellent Fundamentals – Torrance Plaza consist of 6 separate suites with complementary uses including food, liquor, spa, and fitness tenants with long operating histories at the center.

NNN Leased Investment - Tenants are responsible for all expenses including property taxes, insurance, maintenance, and common area maintenance expenses.

Major Upside/Value-Add Potential – Given the sought after location and current lease structures, an investor can capitalize on the positive drivers seen in the sub-market.

Ample Parking – Subject property has approximately 35 spaces dedicated to the customers and employees of the center equating an over 5 to 1 parking ratio.

High Visibility and Accessibility – Torrance Plaza is situated near a hard corner with over 38,000 cars per day passing the intersection of Crenshaw Blvd. and W. Carson St.

Dense Southern California Demographics – There are over 214,000 residents located within a 3-mile demographic ring from the subject property.

Documents

---