Property summary
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 profile
VerifiedCap rate & NOI
Current use
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Dental Office
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Physician
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Physician
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Take-out & Catering Catering Service
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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