Barber-Configured Retail
For Sale
Contact for pricing
11050 S Prairie Avenue #F, Inglewood, CA 90303
The space is arranged for barber services in a shopping center with customer parking.
Property Size869 SF
Price / SF$4.48
Days on Market18
Property Features for 11050 S Prairie Avenue #F
General Information
Standard status
Active
Size
869 SF
Property subtype
Business
Site & Location
Neighborhood
Lockhaven
End Cap
No
Anchor Co-Tenants
Subway, Metro by T-Mobile, Farmers Insurance
Amenities
customer parking
Building Details
Year Built
2009
Listing Agency:
Infinity Realty & Loans
(424) 385-5994
Listed By:
Amie Shepard · License #01882892
(760) 507-7482
Source:
Jackmarealestate
Added: Oct 13
Changed: Oct 28
Last Checked: Oct 28 at 2:53PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Infinity Realty & Loans
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 869± SF inline retail suite is currently arranged for barber services. The shopping center was built in 2009 and provides customer parking. Other businesses in the center include Subway, Metro by T-Mobile, and Farmers Insurance.
The property is on Prairie Avenue in Inglewood, near the I-105 Freeway, SoFi Stadium, and the Hollywood Park entertainment district. Street visibility is also noted for the center.
The property is on Prairie Avenue in Inglewood, near the I-105 Freeway, SoFi Stadium, and the Hollywood Park entertainment district. Street visibility is also noted for the center.
Key Highlights
- 869± SF inline retail suite
- Currently configured for barber services
- Shopping center built in 2009
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,966
Suggested Prices Based on Cap Rates
Cap Rate 5%
$439,320
$439.3K
Cap Rate 7%
$313,800
$313.8K
Cap Rate 9%
$244,067
$244.1K
Market Conditions
NOI Build-Up for 869 SF
Gross rent
$32.1K $36.96/SF
− Vacancy
−$739 −$0.85/SF
EGI
$31.4K $36.11/SF
− OpEx
−$9.4K −$10.83/SF
NOI
$22.0K $25.28/SF
Area
Inglewood, CA
Vacancy
2.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$439,320
Cap Rate 7%
$313,800
Cap Rate 9%
$244,067
Alternative Uses
Best Use
Retail
$313.8K
$274.6K – $366.1K
NOI $21,966 @ 7.0% cap · market cap 563.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$354.6K
$310.2K – $413.7K
NOI $24,819 @ 7.0% cap · market cap 637.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
999
Businesses Nearby
136k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 48%
Groceries 46%
Hotels & Casinos 3%
Dining 2%
Northgate Gonzalez Markets
Groceries
62,768 visits/mo
0.2 miles
ARCO
Shops & Services
15,895 visits/mo
0.5 miles
ARCO
Shops & Services
15,678 visits/mo
0.2 miles
Chevron
Shops & Services
12,887 visits/mo
0.4 miles
Mobil
Shops & Services
8,286 visits/mo
0.3 miles
Demographics for 90303, CA
24,490
Population
7,354
Households
3.3
Avg Household Size
35
Median Age
18%
College-Educated
73%
High-School Grad
1.9 sq mi
ZIP Area
12,889
Density / Sq Mi
$70,853
Median Household Income
$36,292
Median Earnings
$1,709
Median Rent
$764,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - The space is arranged for barber services in a shopping center with customer parking.
Where is this retail space located?
The property is located at 11050 S Prairie Avenue #F Inglewood, CA.
What are key features of this property?
This property features: 869± SF inline retail suite; Currently configured for barber services; Shopping center built in 2009
