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NNN Retail Property
For Sale
$3,660,000

1420 Redondo Beach Blvd, Gardena, CA 90247

Fully leased restaurant-oriented retail asset with newer construction, long-term NNN leases, and limited landlord responsibilities.

Property Size4,053 SF
Price / SF$903.03
Days on Market462

Property Features for 1420 Redondo Beach Blvd

General Information

Standard status Active
Size 4,053 SF
Property subtype General Commercial
Occupancy 100%

Site & Location

Corner Location Yes
Anchor Co-Tenants Di ... rt Dog, Pho Hoan
Traffic Count 57,000 vehicles/day

Amenities

3
11 Parking Spaces.

Building Details

Year Built 2019
Tenancy Multi
Listing Agency:
Listed By: Grate Real Estate
Source: Xome
Added: May 25, 2025 Changed: Aug 29 Last Checked: Aug 29 at 3:15PM

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 Grate Real Estate

Investment Insights

Based on property information with market context.

Built in 2019, this 4,053-square-foot retail asset is configured as a newer strip center with efficiently sized suites ranging from 1,600 to 2,400 square feet. The property is 100% leased under true triple-net agreements, with two established restaurant operators occupying the center. Lease terms include 10-year initial periods, 10% rental increases every 5 years, and option periods, while the NNN structure limits ongoing landlord obligations.

The property is located at 1420 Redondo Beach Blvd in Gardena, at the corner of Redondo Beach Blvd and Normandie Ave. The intersection records traffic counts exceeding 57,000 vehicles per day and is surrounded by daily-needs businesses including Starbucks, UPS, and Blink Fitness. The site is also near Kaiser Permanente, Gardena Memorial Hospital, and The Hustler Casino, with a 3-mile trade area representing more than 237,000 residents.

Key Highlights

  • 100% leased retail asset with true triple‑net lease structure
  • Built in 2019 with 4,053 square feet of retail space
  • Two 10‑year NNN leases with 10% rental increases every 5 years

Property Analytics

Current Use

GARDENA PLAZA Property Management Company Dirt Dog- Gardena Restaurant Concord Security Services Security Service Pho Hoan Pasteur ... Restaurant EVgo Charging Station Electric Vehicle Charging Station

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Travel Agency HVAC Service

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

57,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,849
Businesses Nearby
285k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 38% Shops & Services 37% Groceries 23% Electronics 1%
VONS Groceries
46,731 visits/mo 0.1 miles
McDonald's Dining
28,050 visits/mo 0.1 miles
Starbucks Dining
27,105 visits/mo 0.1 miles
Bank of America Shops & Services
25,381 visits/mo 0.1 miles
Chase Bank Shops & Services
22,487 visits/mo 0.1 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

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?
NNN property - Fully leased restaurant-oriented retail asset with newer construction, long-term NNN leases, and limited landlord responsibilities.
Where is this nnn property located?
The property is located at 1420 Redondo Beach Blvd Gardena, CA.
What is the asking price?
The asking price for this property is $3,660,000.
What are key features of this property?
This property features: 100% leased retail asset with true triple‑net lease structure; Built in 2019 with 4,053 square feet of retail space; Two 10‑year NNN leases with 10% rental increases every 5 years
More about this property
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