2130 Pacific Coast Hwy, Lomita, CA 90717
32,582 SF | Retail Building | Lomita, CA 90717 | For Sale
For Sale
Active
- Property Type
-
Retail
- Square Feet
- 32,582 SF
Listing Contacts
Daniel Tyner
Geoff Tranchina
Gleb Lvovich
Jeffrey Cicurel
Conor Quinn
Tess Berghoff
Blair Hodges
Property Overview
Fortress Credit: Target has executed a new 10-year lease, offering investors a fixed rental increase and a corporate-guaranteed lease. The lease term includes additional options with rental increases.
Trophy Demographic Profile: Target in Lomita, CA is located in a densely populated area with affluent residents and high household incomes within a 3-mile radius. The location is adjacent to affluent communities.
Strategic Last Mile Fulfillment Hub: The property is less than 2 miles from the 110 Freeway, providing strategic value for delivery and click-and-collect services.
Significant Target CapEx Spend: Target has invested $8.75 million in the buildout of the Lomita location, demonstrating its commitment to creating a premium shopping experience.
Visibility and Accessibility: The property is located along Pacific Coast Highway, a prominent and well-traveled arterial road, providing excellent visibility. It also features a new small-store format optimized for click and collect, along with a large surface parking field with easy accessibility.
Trophy Demographic Profile: Target in Lomita, CA is located in a densely populated area with affluent residents and high household incomes within a 3-mile radius. The location is adjacent to affluent communities.
Strategic Last Mile Fulfillment Hub: The property is less than 2 miles from the 110 Freeway, providing strategic value for delivery and click-and-collect services.
Significant Target CapEx Spend: Target has invested $8.75 million in the buildout of the Lomita location, demonstrating its commitment to creating a premium shopping experience.
Visibility and Accessibility: The property is located along Pacific Coast Highway, a prominent and well-traveled arterial road, providing excellent visibility. It also features a new small-store format optimized for click and collect, along with a large surface parking field with easy accessibility.
Property Details
- Class
- B
- Year Built/Renovated
- 1980/2022
- Stories
- 1
- Property Subtype
- Freestanding, Storefront
- Lot Size (sq. ft)
- 115,870 SF
Highlights
- Fortress Credit On A Fixed, Long-Term Lease
- Trophy Demographic Profile
- Strategic Last Mile Fulfillment Hub
- Significant Target CapEx Spend
- Visibility and Accessibility
- Featuring a New Small-Store Format
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