Absolute NNN Retail
For Sale
Contact for pricing
2700 Skypark Dr, Torrance, CA 90505
Leasehold interest in an absolute NNN leased Lowe’s Home Improvement with long-term term through 2031.
Property SizeContact for details
Days on Market126
Property Features for 2700 Skypark Dr
General Information
Standard status
Active
Property subtype
Retail, Special Purpose
Additional Details
Traffic Count
72,700 vehicles/day
Listing Agency:
Faris Lee Investments
Listed By:
Don MacLellan · License #CA #00897784
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 12:30AM
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 Faris Lee Investments
Investment Insights
Based on property information with market context.
Faris Lee Investments offers for sale a leasehold interest in an absolute NNN leased Lowe’s Home Improvement. The tenant has a long-term lease expiring in 2031, with scheduled 7.5% rental increases beginning at the start of each 5-year option period.
The property is in Torrance, CA within the South Bay area, positioned near the signalized intersection of Skypark Drive and Crenshaw Boulevard, and directly across from a Costco. The remarks also cite 72,700 combined vehicles per day and a dense infill trade area with over 470,800 people and 211,400 employees within a 5-mile radius.
The operator, Lowe’s Companies, Inc. (NYSE: LOW), is described in the offering materials as publicly traded and rated A- by Standard and Poor’s, with the lease structure designed to support steady NOI growth through its scheduled increases.
The property is in Torrance, CA within the South Bay area, positioned near the signalized intersection of Skypark Drive and Crenshaw Boulevard, and directly across from a Costco. The remarks also cite 72,700 combined vehicles per day and a dense infill trade area with over 470,800 people and 211,400 employees within a 5-mile radius.
The operator, Lowe’s Companies, Inc. (NYSE: LOW), is described in the offering materials as publicly traded and rated A- by Standard and Poor’s, with the lease structure designed to support steady NOI growth through its scheduled increases.
Key Highlights
- Leasehold interest in an absolute NNN leased Lowe’s Home Improvement in Torrance, CA
- Long‑term tenant lease expires in 2031
- Scheduled 7.5% rental increases at the beginning of each 5‑year option period
Property Analytics
Property Profile
Current Use
Lease Details
72,700 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
1,624
Businesses Nearby
Explore this area
Business Placement
Demographics for 90505, CA
36,643
Population
15,202
Households
2.4
Avg Household Size
45
Median Age
59%
College-Educated
97%
High-School Grad
5.9 sq mi
ZIP Area
6,211
Density / Sq Mi
$110,690
Median Household Income
$70,100
Median Earnings
$2,338
Median Rent
$1,144,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
NNN property - Leasehold interest in an absolute NNN leased Lowe’s Home Improvement with long-term term through 2031.
Where is this nnn property located?
The property is located at 2700 Skypark Dr Torrance, CA.
What are key features of this property?
This property features: Leasehold interest in an absolute NNN leased Lowe’s Home Improvement in Torrance, CA; Long‑term tenant lease expires in 2031; Scheduled 7.5% rental increases at the beginning of each 5‑year option period
