Hermosa Strand and Pier_待售物业
Hermosa Strand and Pier_待售物业
11 Pier Ave, Hermosa Beach, CA, 90254, US

Hermosa Strand and Pier

资产描述

Jones Lang LaSalle is pleased to present the opportunity to acquire Strand & Pier (the "Property"), a 22,358 SF beachfront mixed-use investment opportunity located in Hermosa Beach, California on nearly an acre of land. With over 400 feet of combined frontage along The Strand and Pier Ave, the Property is comprised of a variety of beach-centric retail tenants with 9 short term rental units. The Property is located along the main retail corridor of Hermosa Beach - one of the premier locations in Southern California, attracting over 8.1 million visitors per year. This highly desirable location draws from an affluent demographic with average household incomes exceeding $200,000 in a 3-mile radius.


Property zoning and flexible leases allow for maximum investment plan optionality. The current rents are below market with landlord termination options to facilitate future redevelopment for a mix of allowable uses that include hospitality, retail, dining, office or medical office. Given the ideal location and size, the site could become a luxury beachside or other marquee retail destination. Other possibilities include expanding the existing retail footprint by adding second floor dining space or further activating the underutilized parking lot/patio space adjacent to the existing tenant Vista. As a simpler alternative, an Investor could add value simply by signing new long-term leases at market rents with the current

tenant base or new exciting retail and dining options.

...

属性

建筑净面积
2,077 平方米
占用率
88%
净运营收入
¥12,517,000
土地总面积
3,153.78 平方米
建成年份
1975
停车位
31
分区
General Commercial (C-2): allowable uses include retail, dining, hospitality, office, medical office, short term rentals

媒体

投资亮点

  • GENERATIONAL REAL ESTATE
  • UPSIDE IN CURRENT LEASES AND EXCESS L AND
  • SHORT TERM RENTAL ADVANTAGE
  • BLANK CANVAS WITH OPTIMAL OPTIONALITY
  • SOUTH BAY RENAISSANCE
  • AFFLUENT DEMOGRAPHICS
Hermosa Strand and Pier 4_待售物业
Hermosa Strand and Pier 4_待售物业

联系经纪人

Hermosa Strand and Pier (0个物业)
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最后更新
2024年3月19日