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    20020 Hawthorne Blvd Torrance, CA 90503

    For Lease
    $45 SF/Yr

    Torrance Retail Center, 98,090 SF

    Lot size:
    98,090 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Best Plaza Shopping Center, located at 20020-20140 Hawthorne Blvd, Torrance, CA 90503 (NEC Hawthorne & Del Amo Blvd.), offers a prime retail opportunity in Los Angeles County. This 98,090 square foot, multi-tenant retail center, built in 1973 and renovated in 2024, sits on a 9.155-acre lot and boasts three buildings. The property features a diverse mix of national tenants, including a flagship climbing gym (38,000 SF), Planet Fitness (21,000 SF), New Balance, Crumbl Cookies, HotWorx, Jollibee, and many others. With ample parking (5.07 spaces per 1,000 square feet), the center benefits from strong regional draw, attracting customers from throughout the South Bay. While currently fully occupied, the property offers a minimum divisible space of 1,400 square feet, with a maximum contiguous space of 5,983 square feet. The center's recent renovation ensures modern amenities and a high-quality tenant experience. This is an exceptional opportunity to invest in a thriving retail center in a desirable location. No elevators are present on the property.

    Property Features for 20020 Hawthorne Blvd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    98,090 SF
    Total Rate
    367837.5

    Building Details

    Year Built/Renovated
    1973/2024
    Buildings
    3

    Unit(s) available at that property

    Space
    20038
    Size
    7,715 SF
    Rate per SF
    $47
    Space
    20026
    Size
    1,732 SF
    Rate per SF
    $47
    Space
    20036
    Size
    1,400 SF
    Rate per SF
    $47

    HighLights

    • 98,090 SF multi‑tenant retail center on a 9.155‑acre lot in Torrance, CA.
    • ±512 surface parking spaces, including ADA‑compliant stalls.
    • Double‑sided building and pylon signage opportunities available.
    • Convenient access to greater Los Angeles and affluent beach cities.
    • Available spaces range from 1,400 SF to 5,983 SF, including freestanding pad and in‑line options.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    HearUSA Hearing Aid Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Torrance
    County
    Los Angeles
    State
    California
    Longitude
    -118.3525587
    Latitude
    33.8501261

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    FAQs

    What type of property is this?
    Individual retail property - Torrance Retail Center, 98,090 SF
    Where is this individual retail property located?
    The property is located at 20020 Hawthorne Blvd Torrance, CA.
    What is the lease rate?
    The lease rate is $47 SF/Yr.
    What are key features of this property?
    This property features: 98,090 SF multi-tenant retail center on a 9.155-acre lot in Torrance, CA.; ±512 surface parking spaces, including ADA-compliant stalls.; Double-sided building and pylon signage opportunities available.
    Request Owner's contact information
    20020 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
    20020 Hawthorne Blvd Torrance, CA 90503
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