Leased Retail Property For
500 Pacific Coast Highway Hermosa Beach, CA 90254
For Sale
Contact for pricing
Fully leased retail property with annual rent increases for sale.
Property Size5,850 SF
Price / SF$747.86
Days on Market78
Property Features for 500 Pacific Coast Highway
General Information
Standard status
Active
Size
5,850 SF
Property subtype
Retail
Listing Agency:
CBRE - South Bay
(310) 892-5644
Listed By:
Patrick Wade · License #CA 01454690
Source:
Crexi
Added: May 12
Changed: Jul 10
Last Checked: Jul 27 at 6:34PM
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 CBRE - South Bay
Investment Insights
Based on property information with market context.
This retail property, comprising 5,850 square feet, is located on Pacific Coast Highway in Hermosa Beach, CA. The property is 100% leased and features annual rent increases.
Key Highlights
- 100% Leased, providing immediate income.
- Annual Increases, ensuring growing returns.
- Property Details available upon request.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $198.0k | $33.84 |
| − Vacancy | −$13.1k | −$2.23 |
| EGI | $184.9k | $31.61 |
| − OpEx | −$55.5k | −$9.48 |
| NOI | $129.4k | $22.12 |
5,850 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.85M
$1.62M – $2.16M
NOI $129,429 @ 7.0% cap · market cap 2.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.13M
$2.74M – $3.65M
NOI $219,245 @ 7.0% cap · market cap 5.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail property - Fully leased retail property with annual rent increases for sale.
Where is this retail property located?
The property is located at 500 Pacific Coast Highway Hermosa Beach, CA.
What is the asking price?
The asking price for this property is $4,375,000.
What are key features of this property?
This property features: 100% Leased, providing immediate income.; Annual Increases, ensuring growing returns.; Property Details available upon request.
