Listing Agency: Westpac Partners m***@westpacpartners.com Show Phone

Listed By: Mike Grannis · License #CA 01393628

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 7:36PM

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Investment Insights

Based on property information with market context.

This freestanding commercial building at 2620 Hermosa Ave is currently 100% leased under NNN terms. The property is identified as a restaurant building and is situated in the South Bay submarket of Los Angeles County.

Key Highlights

• 100% NNN leased
• Freestanding commercial building
• Restaurant building at 2620 Hermosa Ave

Property Analytics

Current Use

Slay Hermosa Restaurant

Suggested Use

Top Pick Daycare Center Auto Parts Store Food Market (Bike/Boat/Book/etc) Store Grocery & Convenience Store Nursing Home

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

100%

Occupancy

Location Intelligence

Trade Area within ½ mile

1,912

Businesses Nearby

5k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Chase Bank Shops & Services

4,868 visits/mo 0.5 miles

Demographics for 90254, CA

19,736

Population

10,454

Households

1.9

Avg Household Size

40

Median Age

77%

College-Educated

98%

High-School Grad

1.4 sq mi

ZIP Area

14,097

Density / Sq Mi

$152,019

Median Household Income

$104,385

Median Earnings

$2,812

Median Rent

$2,000,001

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

NNN property - The building is fully leased under an NNN structure.

Where is this nnn property located?

The property is located at 2620 Hermosa Ave Hermosa Beach, CA.

What are key features of this property?

This property features: 100% NNN leased; Freestanding commercial building; Restaurant building at 2620 Hermosa Ave