15717 Crenshaw Boulevard

Highlights:

• Rare Ground Lease Offering: An exceptional opportunity to acquire the fee interest in a ground lease beneath a thriving shopping center, with thirteen (13) years remaining and no further extension options — offering a clear path to long-term value creation.
• Built-In Income Growth: The Lease features uncapped CPI-based rent escalations every five (5) years, offering a reliable, inflation-hedged income stream.
• Revisionary Ownership of Improvements: At the Lease expiration, all improvements revert to the fee owner without compensation to the Lessee, unlocking substantial upside and redevelopment potential.
• Strategic Location Adjacent to El Camino College: Located directly adjacent to El Camino College, home to over 22,000 students, the property benefits from robust daytime traffic and a steady flow of commuters, enhancing tenant performance and consumer engagement.
• Premier Signalized Corner Location: Positioned at the signalized hard corner of Crenshaw Blvd. and Manhattan Beach Blvd., the site enjoys high visibility, excellent accessibility, and strong real estate fundamentals in the heart of Gardena.
• Dense, Affluent Trade Area: Surrounded by over 256,000 residents within a three (3)-mile radius and an average household income of $120,000, the property is well-positioned to serve a thriving consumer base.
• High Traffic Volume: The intersection sees 45,000+ vehicles daily, ensuring consistent exposure and foot traffic — a key driver of retail success.
• Superior Access & Circulation: Dual ingress/egress from both Crenshaw Blvd. and Manhattan Beach Blvd. at a signalized intersection provides seamless customer flow and operational efficiency.

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