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    220 Grand Ave El Segundo, CA 90245

    Sponsored
    For Lease
    $54 SF/Yr

    Prime 17,710 SF Supermarket

    Lot size:
    17,710 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 17,710 square-foot free-standing retail building in El Segundo, California, presents a unique investment opportunity. Located at 220 E Grand Ave, this single-tenant supermarket space sits on a 1.54-acre corner lot with three access points and offers 85 surface parking spaces (5/1000 parking ratio). The building boasts excellent visibility thanks to prime building signage and an exclusive grandfathered pole sign. A convenient loading dock, suitable for 53-foot container trucks, is situated in a dedicated area to avoid interfering with customer parking. The interior features high ceilings, central air conditioning, private restrooms, freezer space, and a security system. The space is fully built-out as a specialty space and is in excellent condition, making it a true plug-and-play opportunity. This anchor space is the only building serving the immediate neighborhood, offering unparalleled access to a loyal customer base. Lease rate excludes utilities, property expenses, and building services. Located in Los Angeles County, zip code 90245.

    Property Features for 220 Grand Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    17,710 SF

    Unit(s) available at that property

    Space
    Size
    17,710 SF
    Rate per SF
    $54

    HighLights

    • Rare downtown El Segundo opportunity, ideal for grocer or retailer.
    • High‑traffic location in El Segundo's core, serving over 70,000 daily visitors.
    • Excellent building and grandfathered pole signage for superior visibility.
    • Convenient location serving El Segundo's 17,000 residents.
    • High‑visibility street frontage with easy access.
    • Free‑standing, 1.5+ acre junior box on a hard corner.
    Property Profile Location Intelligence

    Current Use by Public Records

    Fadi A. Gobran, PharmD Pharmacy higi Medical Clinic Redbox Movie Rental Kiosk Amazon Locker - Nadya Mailing Service Rite Aid Drug Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    El Segundo
    County
    Los Angeles
    State
    California
    Longitude
    -118.4138339
    Latitude
    33.9188502

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    FAQs

    What type of property is this?
    Individual retail property - Prime 17,710 SF Supermarket
    Where is this individual retail property located?
    The property is located at 220 Grand Ave El Segundo, CA.
    What is the lease rate?
    The lease rate is $54 SF/Yr.
    What are key features of this property?
    This property features: Rare downtown El Segundo opportunity, ideal for grocer or retailer.; High-traffic location in El Segundo's core, serving over 70,000 daily visitors.; Excellent building and grandfathered pole signage for superior visibility.
    Request Owner's contact information
    220 Grand Ave El Segundo, CA 90245
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    El Segundo, CA 90245
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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
    220 Grand Ave El Segundo, CA 90245
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