Absolute NNN Retail
2700 Skypark Dr Torrance, CA 90505
2700 Skypark Dr, Torrance, CA, 90505
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For Sale
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Leasehold interest in an absolute NNN leased Lowe’s Home Improvement with long-term term through 2031.
Days on Market105
Property Features for 2700 Skypark Dr
General Information
- Standard status
- Active
- Property subtype
- Retail, Special Purpose
Listing agency
Faris Lee Investments
Listed by
Don MacLellan · License #CA #00897784
Source
Crexi
Added: Apr 10 Updated: Jul 23 at 12:30AM 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
Location Intelligence
Current Use by Public Records
Installation Services
General Contractor
Lowe's Garden Center
Garden Center
Gymnastics Kids Club
High School
KeyExpress Locksmiths
Locksmith
Lowe's Home Improvement
Building Supply
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FAQs
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
