Carson Town Center

Highlights

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Description

Newmark and NAI Capital are pleased is pleased to present the opportunity to acquire Carson Town Center located at 500-506 Carson Town Center N, Carson CA 90745 (hereafter the “Property”, “Project” “Center”) The property consists of approximately 169,656 SF of building on approximately 17.54 acres of land. It is 100% leased to Floor & Décor, Planet Fitness, and John’s Incredible Pizza. The center features ample land area which provides for a value-add opportunity to develop five additional retail pads out on the street fronts of Figueroa Street and Torrance Boulevard. Located at the southeast corner of the signalized intersection of Figueroa Street and Torrance Boulevard, the property is directly adjacent to the 110 Freeway and benefits from excellent pylon signage on Figueroa Street that is freeway visible. The property boasts an incredible location in the South Bay sub-market, just off the 110 Freeway (Harbor Freeway) and within 2 miles of the 405 Freeway (San Diego Freeway), in the heart of the City of Carson. The 110 Freeway, also known as the Harbor Freeway, is the main transportation route the to the Port of Los Angeles and Port of Long Beach. The area is comprised of dense and affluent demographics, and is a mix of well established single family neighborhoods as well as class A industrial districts occupied by major corporations. Many young families have been moving to the South Bay for the past several years seeking safe/clean neighborhoods and good school districts, which has been boosting the demographics and local home values.

Carson is located in Los Angeles County, about 13 miles south of downtown Los Angeles and roughly 6 miles from the coast of the Pacific Ocean.
- ±17.54 Acre (764,042 SF) lot at the southeast corner of the signalized intersection of Torrance Boulevard and Figueroa Street.
- Adjacent area has a strong retail presence with major retailers and restaurants, and has room for growth.
- The South Bay sub-market has seen and increase in demographics and home values in recent years, spurred by young families moving into the area seeking safe/clean neighborhoods and good school districts.
- Located directly adjacent to the 110 Freeway (Harbor Freeway) (approximately 180,000 cars per day), with pylon freeway visibility. - The 110 Freeway (Harbor Freeway) serves as the main transportation corridor through the South Bay accessing the Port of Los Angeles and Port of Long Beach.
- City of Carson is centrally located in the South Bay sub-market with a mix of single family residences, and commercial/industrial districts with major industrial tenants and national corporations.
- Located about 2 miles west of the 405 Freeway (San Diego Freeway) which is the main freeway connecting Los Angeles County and Orange County