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Hawthorne, CA - Global Automotive Manufacturer

Market Price

13040 Cerise, Hawthorne, CA 90250

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Last Updated: 07/10/2025

42,942 sqft

Building Size

 
Details:
Building Size:    42,942 sqft
Description:

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN investment property located in Hawthorne, California (Los Angeles MSA). The tenant, a global automotive manufacturer, recently signed a brand new 10 year lease, demonstrating their commitment to the site. The lease features 4% annual rental increases, growing NOI and hedging against inflation. The lease is NNN with minimal landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor.

The subject property is situated at the center of a dense industrial corridor encompassing over 7.5 million square feet of industrial building within a 1-mile radius. The immediate area boasts a 2.6% vacancy rate, with consistent rent growth, and features major brands including SpaceX, Amazon, Astrolab, Costco, Apex Logistics, FedEx, and the Ring Corporate Headquarters. Ring acquired their 60K square foot office space in December 2021 for $60 Million, while SpaceX has 900K square feet of industrial building at the corner of Crenshaw Boulevard and W. El Segundo Boulevard (combined 75,000 VPD), further establishing the intersection as a premier industrial gateway into the Los Angeles metro. The location has excellent, centralized position to multiple points of ingress/egress Interstate 105 (255,000 VPD) and Interstate 405 (314,000 VPD) two of the primary highways serving the Los Angeles metro and Southern California. Furthermore, the property benefits from close proximity to primary ports of transportation including the Los Angeles International Airport (75+ million annual passengers) and the Port of Long Beach, which handles approximately $200 billion worth of cargo each year. . The asset represents Tesla’s effort to expand into Los Angeles, one of its top consumer markets due to the area’s density, affluent demographic, and affinity for electric vehicles. The 5-mile trade area is supported by a population of over 753,600 residents and 350,300 employees with an average household income of $117,674.

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