Investors, owner users, and developers TAKE NOTE!
Commercial investment or owner user property in Torrance on a very busy high traffic area…
Investors can rent out each space separately for income. Owner/users can build in a superior location and own a newer industrial asset for their exclusive or partial use. Developers can build Multi-tenant Industrial space and ask premium market rents due to location and proximity to South Bay and Freeways.
The property consists of approximately 11,400 SF structure and 23,000 SF lot. It’s a large parcel of land along Prairie Ave, near restaurants, shopping, and transportation with easy access to 405, 91, and 110 freeways. This area on Torrance Ave is well-trafficked.
Summary & Highlights:
• Close to 405, 110, and 91 Freeway and to two freeway on/off ramps (less than a ¼ mile from 405 Fwy)
• C-2 Highest commercial Use (verify with city of Torrance for your specific use)
• Proximity to LAX and ports of Los Angeles and Long Beach
• Commercial Development Opportunity
• Prime High Traffic Count Location
• Investor / Owner-User / Developer Opportunity
• Multiple Ingress and Egress Points
• Utilities existing on Site
• Existing Improvements: Office Bldg.: ±11,000 SF
• property is currently vacant
• 3 adjoining APNs: 4087-021-016 & 4087-021-017 & 4087-021-018
• 400A/240V/3-phase power
• Partial Concrete Yard
• Wrought Iron Fencing
Neighboring: 1.5 miles from the SpaceX campus, Hawthorne Municipal Airport, the Metro line, 2.5 miles from the new Los Angeles Stadium at Hollywood Park.
Current daily traffic count is between 30,000 - 34,000 passing cars.