Target - Lomita, CA
2130 Pacific Coast Hwy, Lomita, CA, 90717-2503, US
3,034 m²
Asset Description
JLL has been exclusively retained by Ownership to offer qualified investors the exciting opportunity to acquire 1340-1380 S Harbor Blvd (the “Property”), a 14,110 square foot strip center located in La Habra, CA. The Property is 100% leased to three tenants. Armstrong Garden Center (64.5% of GLA), recently executing a twenty-two (22) year lease extension bringing their contractual term through 2047. Located just off of the highly trafficked S Harbor Blvd (±42,000 VPD), the Property benefits from exceptional visibility and access.
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Attributes
Asking price
NT$194,458,000
Cap rate
6.06%
Building area gross
1,311 m²
Occupancy
100%
Year built
1978
Year renovated
2001
Parcel
293-101-39, 293-101-40
NOI
NT$11,789,000
Media
Investment Highlights
- Recently Executed Twenty-Two (22) Year Lease Extension
- Highly Visible Location with Excellent Accessibility
- Additional Retail Shop Space
- Booming Suburban Daytime Population
- Opportunity To Acquire 14,110 SF at an Attractive Basis
- Attractive NNN Leases with Minimal Landlord Responsibilities
- AI Resistant Tenant Mix
Contact brokers
Armstrong Garden Center (0 Properties)
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Last updated
19 Feb 2025
