2515 Carson St Torrance, CA 90503

Torrance Plaza, a single-story, 6,644 square foot shopping center and storefront property located at 2515 W Carson St, Torrance, CA 90503 (APN 7362-033-056), presents a compelling investment opportunity. This fee simple, stabilized investment boasts a 100% occupancy rate with a diverse mix of six tenants, including food, liquor, spa, and fitness businesses, all operating under NNN leases. The property generates a strong net operating income (NOI) of $170,459, with a pro-forma NOI of $175,017, resulting in a current cap rate of 5.41% and a pro-forma cap rate of 5.56%. Built in 1992 on a 0.49-acre lot, the center offers ample parking with 35 spaces, exceeding a 5:1 parking ratio. Its prime location at a high-traffic intersection (over 38,000 cars daily) ensures high visibility and accessibility. The property benefits from a strong demographic base, with over 214,000 residents within a 3-mile radius. This multi-tenant retail center offers significant upside potential due to its desirable location and current lease structures. The asking price is $3,150,000, translating to a price per square foot of $474.11. This is a rare opportunity to acquire a highly desirable, fully leased retail center in a sought-after South Bay location.