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    Leased Retail Complex For Sale Title is generated by Realmo AI

    1820-1842 W 182nd St & 18203 S Western Ave, Torrance, CA

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    Fully leased shopping center anchored by Dollar Tree.

    Type:RETAIL
    Property size:
    37,578 SF
    Lot size:
    3.10 Acres
    Price / SF:
    $465/SF
    Added:
    Dec 18, 2024
    Days on Market:
    539
    Last Refresh:
    May 20 at 9:34 pm

    Property Features for 1820-1842 W 182nd St & 18203 S Western Ave

    General Information

    Standard status
    Active
    Size
    37,578 SF
    Lot size
    3.10 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Mark Repstad

    Listing agent Mark Repstad License #RELIC.#01492673

    Listing office Newmark

    Listing date Dec 18, 2024

    Source Moodyscre

    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 Newmark

    HighLights

    • Fully leased shopping center provides immediate income.
    • Stabilized retail complex offers a secure investment.
    • Anchor tenant is Dollar Tree, a well‑known retailer.
    • Dollar Tree has a fresh ten‑year lease extension, ensuring long‑term stability.
    • Property is for sale.
    • Offering memorandum available from broker contains further details.

    Overview

    A fully leased shopping center is available for sale. The stabilized retail complex is anchored by Dollar Tree, which has a fresh ten-year lease extension. The property has a size of 37578 square feet.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $1.39M $36.96
    − Vacancy −$31.9k −$0.85
    EGI $1.36M $36.11
    − OpEx −$407.1k −$10.83
    NOI $949.9k $25.28
    37,578 SF · lease $36.96/SF/yr · vacancy 2.30% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $13.57M
    $11.87M – $15.83M (±1% cap)
    NOI $949,857 @ 7.0% cap · market cap 5.43%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Multifamily LT 5
    $761.31M
    $666.14M – $888.19M (±1% cap)
    NOI $53,291,540 @ 7.0% cap · market cap 304.72%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Western Plaza — 18537 S Western Ave, Gardena, CA 90248
    • Coin Cloud Bitcoin ATM — 1645 W 190th St, Gardena, CA 90248

    Location Insight

    • Map
    • Local Demand
    City
    Torrance
    County
    Los Angeles
    State
    California
    Longitude
    -118.309
    Latitude
    33.8578

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    FAQs

    What type of property is this?
    Shopping center - Fully leased shopping center anchored by Dollar Tree.
    Where is this shopping center located?
    The property is located at 1820-1842 W 182nd St & 18203 S Western Ave Torrance, CA.
    What is the asking price?
    The asking price for this property is $17,488,888.
    What are key features of this property?
    This property features: Fully leased shopping center provides immediate income.; Stabilized retail complex offers a secure investment.; Anchor tenant is Dollar Tree, a well‑known retailer.
    (213) 453-1155 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Mark Repstad
    Real Estate License ID: RELIC.#01492673
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