Retail

Redondo Plaza

1550 W Redondo Beach Blvd Gardena, California United States 90247-3225
Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
NIY N/A

Documents

I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 2002
Building Area Net
Occupancy 100.0 %

Asset Description

JLL has been exclusively retained by Ownership to offer qualified investors the exciting opportunity to acquire Redondo Plaza (the Property), a 28,000 square-foot grocery-anchored retail center located in the South Bay city of Gardena, California. Redondo Plaza is 100% occupied by a diverse tenant mix and anchored by ALDI with 11.5 years remaining on the existing 15 year NNN lease. The Property’s strong daily needs draw successfully caters to its dense surrounding demographics, which boasts over 230,000 residents within a 3-mile radius. Additionally, its ideal location on W. Redondo Beach Boulevard, one of the main thoroughfares in Gardena, exposes the Property to over 33,800 vehicles on a daily basis.

Investment Highlights

  • EXTREMELY SECURE INCOME STREAM
  • RECESSION RESISTANT, “DAILY NEEDS” GROCERY ANCHOR
  • LOW PRICE POINT FOR LA COUNTY GROCERY-ANCHORED CENTER
  • HIGHLY VISIBLE, REGIONAL LOCATION - WITH EXCELLENT ACCESSIBILITY
  • DENSELY POPULATED, URBAN SOUTHERN CALIFORNIA TRADE AREA ENSURES CUSTOMER TRAFFIC AND LIMITS FUTURE COMPETITION
  • FUNCTIONAL SITE PLAN AND PARKING
Last Updated Date: 16 May 2022

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Last Updated Date: 16 May 2022

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