Corner Storefront Retail
For Sale
Contact for pricing
13441 Hawthorne Boulevard, Hawthorne, CA 90250
Vacant, single-tenant configuration with open interior space, loading access, dedicated parking, and central air conditioning.
Property Size10,320 SF
Price / SF$242.25
Days on Market8
Property Features for 13441 Hawthorne Boulevard
General Information
Standard status
Active
Size
10,320 SF
Total Parking Spaces
21
Property subtype
Retail
Zoning
HAC2
Lease Type
NNN
Building Details
Year Built
1955
Tenancy
Single
Listing Agency:
Capital Bridge Real Estate Advisors - KW Commercial
Listed By:
Elijah Suval · License #02024364
(310) 300-3180
Source:
Crexi
Added: Aug 26
Changed: Sep 1
Last Checked: Sep 1 at 10:33PM
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 Capital Bridge Real Estate Advisors - KW Commercial
Investment Insights
Based on property information with market context.
Located at 13441 Hawthorne Boulevard in Hawthorne, California, this storefront property comprises a ±10,320-square-foot freestanding retail building on an estimated ±15,502-square-foot corner lot. Constructed in 1955, the building has an open interior layout, approximately 15-foot clear heights, central air conditioning, two bathrooms, a 480-volt three-phase electrical panel, and one grade-level loading door. There are 21 dedicated marked parking spaces, and the property is being delivered vacant for owner-user occupancy.
The site fronts a heavily traveled South Bay commercial corridor carrying approximately ±36,500 vehicles per day. Nearby destinations include SoFi Stadium, Hollywood Park, SpaceX’s headquarters, and Amazon’s campus at Hawthorne Airport, along with Target, Costco, Home Depot, and Starbucks. More than 275,000 residents live within a three-mile radius, and the property has a Walk Score of 84.
The site fronts a heavily traveled South Bay commercial corridor carrying approximately ±36,500 vehicles per day. Nearby destinations include SoFi Stadium, Hollywood Park, SpaceX’s headquarters, and Amazon’s campus at Hawthorne Airport, along with Target, Costco, Home Depot, and Starbucks. More than 275,000 residents live within a three-mile radius, and the property has a Walk Score of 84.
Key Highlights
- ±10,320 SF freestanding retail building on an estimated ±15,502 SF corner lot
- Vacant delivery with a layout configured for single‑tenant retail use
- Open floor plan with approximately 15‑foot clear heights
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
$228,326
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
9.13%
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%
$4,566,520
$4.6M
Cap Rate 7%
$3,261,800
$3.3M
Cap Rate 9%
$2,536,956
$2.5M
Market Conditions
NOI Build-Up for 10,320 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
$349.2K $33.84/SF
− Vacancy
−$23.0K −$2.23/SF
EGI
$326.2K $31.61/SF
− OpEx
−$97.9K −$9.48/SF
NOI
$228.3K $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%
$4,566,520
Cap Rate 7%
$3,261,800
Cap Rate 9%
$2,536,956
Alternative Uses
Best Use
Retail
$3.26M
$2.85M – $3.81M
NOI $228,326 @ 7.0% cap · market cap 9.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.53M
$4.83M – $6.45M
NOI $386,770 @ 7.0% cap · market cap 15.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,876
Businesses Nearby
Under-served
Demand for This Use
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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Vacant, single-tenant configuration with open interior space, loading access, dedicated parking, and central air conditioning.
Where is this storefront property located?
The property is located at 13441 Hawthorne Boulevard Hawthorne, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: ±10,320 SF freestanding retail building on an estimated ±15,502 SF corner lot; Vacant delivery with a layout configured for single‑tenant retail use; Open floor plan with approximately 15‑foot clear heights
