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    21035 Hawthorne Blvd Torrance, CA 90503

    For Lease
    $87 SF/Yr

    7,318 SF Retail Sublease Opportunity

    Lot size:
    48 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 7,318-square-foot retail space is available for sublease at 21035 Hawthorne Blvd, Torrance, CA 90503. Located in a high-traffic area, this single-tenant shopping center offers excellent visibility and accessibility. The property boasts prime frontage on Hawthorne Boulevard, providing ample opportunity for branding and customer engagement. Convenient on-grade parking is available for patrons. Benefit from prominent pylon signage on both Hawthorne and Torrance Boulevards, maximizing your exposure to a large customer base. The property is adjacent to a soon-to-open national grocery store, ensuring high foot traffic and a strong anchor tenant. Traffic counts are substantial, with 75,755 ADT on Hawthorne Boulevard and 46,468 ADT on Torrance Boulevard. The sublease term offers 14 years remaining on the primary term, plus options for extension, providing long-term stability and security. The asking rent is $48.00 per square foot, with NNN charges of $7.25 per square foot. This presents a unique opportunity for businesses seeking a well-located, high-visibility retail space in a thriving Torrance market. The property's strategic location and strong demographics make it an ideal choice for a variety of retail uses.

    Property Features for 21035 Hawthorne Blvd

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    48 SF

    Unit(s) available at that property

    Space
    Size
    48 SF
    Rate per SF
    $87

    HighLights

    • 7,318 SF retail space available for sublease at 21035 Hawthorne Blvd, Torrance, CA 90503.
    • High‑traffic location with excellent visibility and accessibility on Hawthorne Blvd.
    • Ample on‑grade parking.
    • Prominent pylon signage on Hawthorne and Torrance Boulevards.
    • Adjacent to a soon‑to‑open national grocery store.
    • 14 years remaining on the lease term, plus options.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Volta Charging Station Electric Vehicle Charging Station

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Torrance
    County
    Los Angeles
    State
    California
    Longitude
    -118.35404529491
    Latitude
    33.838701237208

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    FAQs

    What type of property is this?
    Lifestyle center - 7,318 SF Retail Sublease Opportunity
    Where is this lifestyle center located?
    The property is located at 21035 Hawthorne Blvd Torrance, CA.
    What is the lease rate?
    The lease rate is $87 SF/Yr.
    What are key features of this property?
    This property features: 7,318 SF retail space available for sublease at 21035 Hawthorne Blvd, Torrance, CA 90503.; High-traffic location with excellent visibility and accessibility on Hawthorne Blvd.; Ample on-grade parking.
    Request Owner's contact information
    21035 Hawthorne Blvd Torrance, CA 90503
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    Torrance, CA 90503
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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
    21035 Hawthorne Blvd Torrance, CA 90503
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