Target - Lomita, CA
2130 Pacific Coast Hwy, Lomita, CA, 90717-2503, US
3.034 m²
Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire 26602 Towne Centre (“Property” or “Site”), an approximately 16.28-acre unoccupied retail Property with incredible repositioning or redevelopment upside located within the Foothill Ranch Towne Centre. The Property offers investors a blank canvas to reinvent the existing retail (theater) by re-tenanting and adding new strip retail or new pads on the expansive parcel or seeking to redevelop into a residential development of up to 43 units per acre.
Located in the premier Southern California master planned community of Foothill Ranch, the Property is home to impressive demographics with average household incomes that exceed $222,000 in a 1-mile radius. With major nearby employment hubs, easy access to key toll road and freeways including the 241, I-5, and 405, and a dominant education landscape, the region is well established as one of the most livable communities in Southern California.