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Ground-Floor Restaurant Space
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12540 Crenshaw Blvd, Hawthorne, CA 90250

Ground-floor restaurant space in an 98% occupied mixed-use building with 230 apartments above.

Space Size3,140 SF
Days on Market92

Property Features for 12540 Crenshaw Blvd

General Information

Standard status Active
Size 3,140 SF
Total Parking Spaces 40
Property subtype Restaurant
Occupancy 98%

Site & Location

Traffic Count 50,000 vehicles/day
Highway Access Yes

Additional Details

Multifamily Units 230

Building Details

Building Size 3,140 SF
Tenancy Single

Spaces For Lease

at 12540 Crenshaw Blvd Contact us

Ground Floor Restaurant

Size
3,140 SF
Availability
Active
Contact us
Listing Agency: Matthews
Listed By: Hunter Lambert · License #02192921
Source: Crexi
Added: Jun 8 Changed: Sep 4 Last Checked: Sep 7 at 4:53AM

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 Matthews

Investment Insights

Based on property information with market context.

This ground-floor second-generation restaurant space is located within a mixed-use building that is reported to be 98% occupied, with 230 apartments above. The space is positioned within the AIRO at South Bay mixed-use development, offering a built-in base of on-site residents.

The property sits directly across from SpaceX, with direct access to the SpaceX Emerald Lot located behind the building. It also benefits from visibility along Crenshaw Boulevard, with approximately 50,000 vehicles per day reported, and proximity to I-105 with approximately 250,000 vehicles per day reported.

As part of Hawthorne’s expanding aerospace and innovation corridor, the site is positioned to serve daily foot traffic associated with nearby employers and parking activity.

Key Highlights

  • Ground‑floor second‑generation restaurant space in an AIRO at South Bay mixed‑use building
  • 98% occupancy in the mixed‑use building with 230 apartments above
  • Directly across from SpaceX, with SpaceX Emerald Lot (2815 W El Segundo Blvd) behind the building

Property Analytics

Current Use

ChargePoint Charging Station Electric Vehicle Charging Station

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply Dental Office Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

230
Residential units
50,000 VPD
Traffic count
98%
Occupancy
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,024
Businesses Nearby
355k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 38% Dining 23% Home Improvements & Furnishings 19% Apparel 11%
Target Superstores
136,160 visits/mo 0.4 miles
Lowe's Home Improvements & Furnishings
67,455 visits/mo 0.3 miles
Ross Dress for Less Apparel
40,725 visits/mo 0.3 miles
Wendy's Dining
31,905 visits/mo 0.4 miles
Starbucks Dining
26,807 visits/mo 0.4 miles

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

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Ground-floor restaurant space in an 98% occupied mixed-use building with 230 apartments above.
Where is this conventional restaurant located?
The property is located at 12540 Crenshaw Blvd Hawthorne, CA.
What are key features of this property?
This property features: Ground‑floor second‑generation restaurant space in an AIRO at South Bay mixed‑use building; 98% occupancy in the mixed‑use building with 230 apartments above; Directly across from SpaceX, with SpaceX Emerald Lot (2815 W El Segundo Blvd) behind the building
More about this property
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