Former Redondo Beach Beauty College User Opportunity

Highlights:

• Own Versus Lease – Excellent opportunity for an owner/user to occupy more than half of the building and take advantage of historically low SBA financing.
• Dense Retail Corridor – Subject property is in close proximity to a brand-new CVS and Grocery Outlet. The property is also surrounded by tenants such as The Sofa Company, Taco Bell, Dollar Tree, Carl’s Jr., and Pep Boys.
• Well Located and Visible – About 100 feet of frontage on Artesia Blvd (40,000+ cars per day)
• Dense Population & Affluent Demographics – There are more than 566,458 people in a 5-mile radius, as well as an average household income exceeding $112,000 within a 1 Mile Radius.
• Improving Retail District - Subject property is down the street from the South Bay Galleria, which will soon undergo a +/- $900M makeover. It will include a hotel, apartments, retail, office, and a skate park.
• Pedestrian Friendly Street – The city of Redondo Beach is improving the pedestrian friendliness of North Redondo Beach by planning a $800k+ greenbelt renovation. This will include a park, bike path, and parking lot. This project will be located three blocks away from the subject property.

Description:

Kidder Mathews has been retained as the exclusive advisor to offer for sale a 100% fee simple interest in 2205 Artesia Boulevard in Redondo Beach. The property is a 4,480 square foot building situated on 12,935 square feet of land with 23 parking spaces. The property is vacant and give an owner-user or investor the ability to occupy the premises or re-tenant the property.

Documents: