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OFFERING PRICE:
$25,655,000
TOTAL BUILDING AREA:
±45,654 SF
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INVESTMENT HIGHLIGHTS
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Torrance Crossroads is a ±45,654 SF center anchored by HomeGoods (NYSE: TJX) and credit co-tenants including Chipotle (NYSE: CMG), IHOP, Jersey Mike’s Subs and regional tenants with cult followings such as Gyu-Kau and Chicken Maison
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Torrance Crossroads enjoys a “hub” location within the Los Angeles’s greater South Bay trade area with adjacent tenants including, Sam’s Club, Lowe’s, and Costco among others
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Located along major arterial, Crenshaw Blvd (±47,000 CPD), connecting Torrance with the communities that comprise the Palos Verdes Peninsula to the south and greater Los Angeles to the north
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Historical occupancy at Torrance Crossroads exceeds 98% over the past several years, demonstrating resistance to recession and pandemic, as well as strong tenant demand
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Excellent Demographics with more than 471,000 residents in a 5-mile radius with an Average Household Income exceeding $125,000 |
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THIS IS A MARKETING COMMUNICATION
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
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