Corner Grocery Market with Retail
1253 W El Segundo Blvd Gardena, CA 90247
For Sale
Contact for pricing
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$739.61
Days on Market16
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
Building Details
- Year Built
- 1965
Listing Agency:
Realty Investment Advisors
Listed By:
Benjamin Lalezari · License #01987941
Source:
Crexi
Added: Jul 9
Changed: Jul 23
Last Checked: Jul 23 at 5:40PM
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
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 For Specialty 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 | $265.4k | $33.84 |
| − Vacancy | −$17.5k | −$2.23 |
| EGI | $247.9k | $31.61 |
| − OpEx | −$62.0k | −$7.90 |
| NOI | $185.9k | $23.70 |
7,842 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$2.66M
$2.32M – $3.10M
NOI $185,894 @ 7.0% cap · market cap 3.21%
Second Best
Retail
$2.48M
$2.17M – $2.89M
NOI $173,501 @ 7.0% cap · market cap 2.99%
Theoretical Best
Office A
$4.20M
$3.67M – $4.90M
NOI $293,900 @ 7.0% cap · market cap 5.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
FAQs
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 $5,800,000.
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
