Descriptionof 3730 Pacific Coast Highway, Torrance, CA 90505
Pride of ownership -2015 build, situated on a prime corner lot with the 90% of building leased (Buildings A, B and C). Located on a high traffic intersection of Hawthorne Blvd and Pacific Coast Highway with a traffic count of approx. 80,000 cars per day. Anchor tenant is Orange Theory Fitness with other major tenant being . Closely located to other major retail stores, shops, restaurants and residential areas. Cap rate is approx. 4.85%.
** 3 spaces totaling 4,258 SF are occupied by Principal(s).
Total Gross Income estimated to be around $654,276
All Leases have at least 3% increases annually and ALL NNN leases.
Operating expenses are completely covered under CAM income.
Property Featuresof 3730 Pacific Coast Highway, Torrance, CA 90505
Year Built 2015
Community 125 - Walteria
Lot acreage is: 1.1389
Total square feet: 49611.00
Courtesy of: Chhabria Real Estate Company, RAJU CHHABRIA
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