1942 W Redondo Beach Blvd
Gardena, CA 90247
Shoeteria NNN Lease · Local commercial Bien À vendre

-Hard Signalized Corner on Redondo Beach Boulevard, a Primary South Bay Arterial Carrying ±31,600 Vehicles Per Day
-Corporate-Guaranteed NNN Lease Backed by Work World, a Private Equity-Sponsored 38-Location Workwear Platform, With Minimal Landlord Obligations Limited to Roof and Structure
-Fixed Rent Escalations Averaging 3.4%–3.7% Annually, Roughly Double the 2% Standard Across Competing Net Lease Product
-Property has Undergone a Complete Renovation, Including New Roof, New HVACs, Full Remodel Inside and Out, as Well as Signage
---An Irreplaceable South Bay Corner---
-Hard Signalized Corner With Dual Street Frontage and Full Building Visibility From Both Directions, the Positioning Institutional and Private Buyers Consistently Underwrite Most Aggressively
-±31,500 Vehicles Per Day Along Redondo Beach Boulevard, One of the South Bay's Principal East-West Arterials Linking the I-110 and I-405 Freeways
±5,200 Square Feet on a ±9,272 Square Foot Hard-Corner Parcel, a Site Configuration That Could Not Be Assembled or Entitled in This Corridor Today
-Dual-Street Ingress and Egress With Dedicated On-Site Parking and Building Signage Visible From Both Frontages
-Immediately Surrounded by National and Regional Retail Including Target, CVS, Raising Canes, Ralphs, US Bank - Delivering Cross-Shopping Traffic Without the Co-Tenancy or Rollover Exposure That Comes With Owning Inside a Multi-Tenant Center
---Trade Area and Basis---
-The South Bay's Aerospace, Manufacturing, Logistics, and Port-Adjacent Employment Base Is the Direct End Customer for Work Boots and Job-Site Apparel, Tying Store Performance to Industrial Employment Rather Than Discretionary Retail Cycles
-Positioned Between the I-110 and I-405 Freeways Within One of the Densest Combined Residential and Employment Corridors in Los Angeles County
727,770+ Residents, $112,490+ Average Household Income and 764,740+ Daytime Population Inside the Five-Mile Trade Area
-Shoeteria's In-Store Boot Fitting, B2B Industrial Accounts, and Mobile Boot Truck Program Are Service-Based and Locally Dispatched, Insulating the Use From E-Commerce Displacement