Corner Grocery Market with Retail
For Sale
Contact for pricing
1253 W El Segundo Blvd, Gardena, CA 90247
Retail property and operating neighborhood market include grocery, produce, meat/carniceria, and beer/wine sales.
Property Size7,842 SF
Lot Size0.35 Acres
Price / SF$279.90
Days on Market107
Property Features for 1253 W El Segundo Blvd
General Information
Standard status
Active
Size
7,842 SF
Lot size
0.35 Acres
Property subtype
Retail
Zoning
LCM1YY (LA County)
Lease Type
NNN
Investment Type
Owner/User
Net Operating Income
$566,126
Additional Details
Business Included
Yes
Building Details
Year Built
1965
Buildings
1
Listing Agency:
Realty Investment Advisors
Listed By:
Benjamin Lalezari · License #01987941
Source:
Crexi
Added: Jul 9
Changed: Oct 3
Last Checked: Oct 20 at 8:19PM
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 Realty Investment Advisors
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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 offering includes the entire retail property along with the operating market business. The property features approximately 7,842 SF of improvements on a 15,460 SF lot with on-site parking and corner visibility, with frontage along El Segundo Blvd.
The business is described as an established neighborhood market offering grocery, produce, meat/carniceria, and beer and wine sales, along with daily-needs components. The opportunity is presented as suitable for an owner-user, market operator, or investor seeking long-term control of the site and business operations.
The property is available for purchase and includes both real estate and existing business operations as part of the same offering.
The business is described as an established neighborhood market offering grocery, produce, meat/carniceria, and beer and wine sales, along with daily-needs components. The opportunity is presented as suitable for an owner-user, market operator, or investor seeking long-term control of the site and business operations.
The property is available for purchase and includes both real estate and existing business operations as part of the same offering.
Key Highlights
- Retail property plus operating neighborhood market business at 1253 W El Segundo Blvd in Gardena
- Approximately 7,842 SF of improvements on a 15,460 SF lot with on‑site parking
- Corner visibility with frontage along El Segundo Blvd
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$185,894
Cap Rate
8.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,717,880
$3.7M
Cap Rate 7%
$2,655,629
$2.7M
Cap Rate 9%
$2,065,489
$2.1M
Market Conditions
NOI Build-Up for 7,842 SF
Gross rent
$265.4K $33.84/SF
− Vacancy
−$17.5K −$2.23/SF
EGI
$247.9K $31.61/SF
− OpEx
−$62.0K −$7.90/SF
NOI
$185.9K $23.70/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,717,880
Cap Rate 7%
$2,655,629
Cap Rate 9%
$2,065,489
Alternative Uses
Best Use
Specialty Retail
$2.66M
$2.32M – $3.10M
NOI $185,894 @ 7.0% cap · market cap 8.47%
Second Best
Retail
$2.48M
$2.17M – $2.89M
NOI $173,501 @ 7.0% cap · market cap 7.90%
Theoretical Best
Office A
$4.20M
$3.67M – $4.90M
NOI $293,900 @ 7.0% cap · market cap 13.39%
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
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
957
Businesses Nearby
17k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
76
Shops & Services
16,147 visits/mo
0.2 miles
Public Storage
Shops & Services
1,316 visits/mo
0.4 miles
Demographics for 90247, CA
48,543
Population
17,076
Households
2.8
Avg Household Size
39
Median Age
27%
College-Educated
78%
High-School Grad
3.8 sq mi
ZIP Area
12,774
Density / Sq Mi
$73,851
Median Household Income
$37,000
Median Earnings
$1,751
Median Rent
$640,500
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?
Grocery and convenience store - Retail property and operating neighborhood market include grocery, produce, meat/carniceria, and beer/wine sales.
Where is this grocery and convenience store located?
The property is located at 1253 W El Segundo Blvd Gardena, CA.
What is the asking price?
The asking price for this property is $2,195,000.
What are key features of this property?
This property features: Retail property plus operating neighborhood market business at 1253 W El Segundo Blvd in Gardena; Approximately 7,842 SF of improvements on a 15,460 SF lot with on‑site parking; Corner visibility with frontage along El Segundo Blvd
