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Leased Retail Property For Sale

500 Pacific Coast Highway Hermosa Beach, CA 90254

500 Pacific Coast Highway, Hermosa Beach, CA, 90254
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Fully leased retail property with annual rent increases for sale.

Property Size5,850 SF
Price / SF$747.86
AddedMay 12
Days on Market65
Last RefreshJul 15 at 12:56 pm

Property Features for 500 Pacific Coast Highway

General Information

Standard status
Active
Size
5,850 SF
Property subtype
Retail

Listing office CBRE - South Bay

Listing date May 12, 2026

Source Crexi

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.

Local 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 (±1% cap)
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 (±1% cap)
NOI $219,245 @ 7.0% cap · market cap 5.01%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail properties & Spaces

Suggested Use

Food Market Grocery & Convenience Store Daycare Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Restaurant Butcher Electrical Service Clothing & Fashion Store Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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.
Contact an agent
(310) 892-5644 Call to check price and availability
More about this property
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