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    1509 Hawthorne Blvd Redondo Beach, CA 90278

    Sponsored
    For Lease
    Contact for pricing

    High-traffic retail space, prime location

    Lot size:
    117,267 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    South Bay Marketplace offers a unique retail investment opportunity in the heart of Redondo Beach, California. This vibrant shopping center, located at 1509 Hawthorne Boulevard (zip code 90278), boasts a total of 117,267 square feet of commercial retail space. The property is strategically situated on Hawthorne Boulevard, a major north-south artery in southwestern Los Angeles County, ensuring high visibility and accessibility. Its proximity to the Interstate 405 Hawthorne Boulevard interchange further enhances its appeal, given the freeway's high traffic volume. Currently, there are 3,779 square feet of vacant space available, divisible into units as small as 1,327 square feet and with a maximum contiguous space of 2,433 square feet. The center is anchored by strong national tenants including Nordstrom Rack, Sprouts, Total Wine, and ULTA, representing 80% of the shopping center's occupancy. This established tenant mix provides a stable foundation for future growth and success. The property benefits from its location near other major retailers such as Living Spaces, Target, and Ralphs, creating a synergistic retail environment. This exceptional location and strong tenant base make South Bay Marketplace an attractive investment opportunity for discerning buyers seeking a high-performing retail property in a thriving Los Angeles County market. The property is located in Los Angeles County.

    Property Features for 1509 Hawthorne Blvd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    117,267 SF

    Unit(s) available at that property

    Space
    Suite 106
    Size
    1,336 SF

    HighLights

    • Prime Redondo Beach, South Bay location.
    • Adjacent to South Bay Galleria & Target.
    • Anchored by Nordstrom Rack, Sprouts, Total Wine, ULTA, and shadow‑anchored by Living Spaces.
    • Monument signage on Hawthorne Blvd.
    • High visibility, ample parking, and signalized Hawthorne Blvd access (68,900 CPD).
    • Strong daytime and evening demographics.
    Property Profile Location Intelligence

    Current Use by Public Records

    Beach City Dental ... Dentist IVOR MEYERSON, OPTOMETRIST Optometrist Blink! Optometry Redondo ... Optometrist Chronic Tacos Caterer Margarita's Deli & Cafe Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Redondo Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.353713
    Latitude
    33.8682439

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, prime location
    Where is this retail property located?
    The property is located at 1509 Hawthorne Blvd Redondo Beach, CA.
    What are key features of this property?
    This property features: Prime Redondo Beach, South Bay location.; Adjacent to South Bay Galleria & Target.; Anchored by Nordstrom Rack, Sprouts, Total Wine, ULTA, and shadow-anchored by Living Spaces.
    Request Owner's contact information
    1509 Hawthorne Blvd Redondo Beach, CA 90278
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    Redondo Beach, CA 90278
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1509 Hawthorne Blvd Redondo Beach, CA 90278
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