Retail Storefront with Signalized
For Sale
$1,250,000
12311 Hawthorne, Hawthorne, CA 90250
C-2 zoned retail storefront with significant Hawthorne Blvd frontage, strong visibility at a signalized intersection, and rear parking.
Property Size4,800 SF
Days on Market108
Property Features for 12311 Hawthorne
General Information
Standard status
Active
Size
4,800 SF
Total Parking Spaces
10
Property subtype
Retail
Zoning
C-2
Site & Location
Traffic Count
29,000 vehicles/day
Highway Access
Yes
Building Details
Building Size
4,800 SF
Year Built
1932
Tenancy
Multi
Listing Agency:
eXp Realty of California Inc
Listed By:
Mohammad Sharifi · License #01459498
(310) 374-1800
Source:
Archetyperealty
Added: May 29
Changed: Aug 28
Last Checked: Sep 12 at 8:23AM
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 eXp Realty of California Inc
Investment Insights
Based on property information with market context.
This retail storefront is offered for sale and consists of a C-2 zoned property in the City of Hawthorne. The site includes approximately 50 feet of frontage along Hawthorne Blvd and signage at a signalized intersection, supporting strong street-level visibility. It is currently occupied by two month-to-month tenants. Parking is available at the rear for approximately 10 vehicles, with additional customer parking on Hawthorne Way and at the front along Hawthorne Blvd.
The property sits in a high-traffic corridor with approximately 29,000 vehicles per day. It is positioned near major regional destinations and access routes, including LAX, SpaceX, the Beach Cities, and the 405/105/110 freeway area. Transit and walkability data indicate the area is very walkable, with some transit service available.
For an owner-user, the combination of C-2 zoning, prominent frontage, and signalized intersection signage can support a range of retail concepts that benefit from drive-by exposure. Investors may also find the current month-to-month occupancy useful for maintaining income while evaluating long-term plans for the space.
The property sits in a high-traffic corridor with approximately 29,000 vehicles per day. It is positioned near major regional destinations and access routes, including LAX, SpaceX, the Beach Cities, and the 405/105/110 freeway area. Transit and walkability data indicate the area is very walkable, with some transit service available.
For an owner-user, the combination of C-2 zoning, prominent frontage, and signalized intersection signage can support a range of retail concepts that benefit from drive-by exposure. Investors may also find the current month-to-month occupancy useful for maintaining income while evaluating long-term plans for the space.
Key Highlights
- 1932‑built C‑2 zoned retail storefront on Hawthorne Blvd
- Approximately 50 ft of frontage along Hawthorne Blvd with signage at a signalized intersection
- Located in a high‑traffic corridor with approximately 29,000 vehicles per day
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$106,198
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.50%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,123,960
$2.1M
Cap Rate 7%
$1,517,114
$1.5M
Cap Rate 9%
$1,179,978
$1.2M
Market Conditions
NOI Build-Up for 4,800 SF
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.
Gross rent
$162.4K $33.84/SF
− Vacancy
−$10.7K −$2.23/SF
EGI
$151.7K $31.61/SF
− OpEx
−$45.5K −$9.48/SF
NOI
$106.2K $22.12/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,123,960
Cap Rate 7%
$1,517,114
Cap Rate 9%
$1,179,978
Alternative Uses
Best Use
Retail
$1.52M
$1.33M – $1.77M
NOI $106,198 @ 7.0% cap · market cap 8.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.57M
$2.25M – $3.00M
NOI $179,893 @ 7.0% cap · market cap 14.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
29,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,791
Businesses Nearby
Explore this area
Business Placement
Demographics for 90250, CA
97,653
Population
34,105
Households
2.9
Avg Household Size
35
Median Age
26%
College-Educated
79%
High-School Grad
6.8 sq mi
ZIP Area
14,361
Density / Sq Mi
$74,923
Median Household Income
$40,288
Median Earnings
$1,723
Median Rent
$827,600
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
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Frequently Asked Questions
What type of property is this?
Retail space - C-2 zoned retail storefront with significant Hawthorne Blvd frontage, strong visibility at a signalized intersection, and rear parking.
Where is this retail space located?
The property is located at 12311 Hawthorne Hawthorne, CA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 1932‑built C‑2 zoned retail storefront on Hawthorne Blvd; Approximately 50 ft of frontage along Hawthorne Blvd with signage at a signalized intersection; Located in a high‑traffic corridor with approximately 29,000 vehicles per day
