7-Eleven Anchored Mixed-Use Investment

Rancho Palos Verdes, located in the lively South Bay Community is Los Angeles County, perched along the cliffs of the Palos Verdes Peninsula in Southern California. This enchanting city is a haven for those who seek a harmonious blend of pristine landscapes, upscale living, and a close-knit community. Rancho Palos Verdes is renowned for its jaw-dropping coastal vistas, rugged bluffs, and unobstructed panoramic views of the Pacific Ocean. Palos Verdes is synonymous with upscale living. The real estate landscape features an array of elegant estates, custom-built homes, and modern residences, often offering ocean views and ample space for outdoor living. The city places a strong emphasis on education, with highly regarded public and private schools serving its residents. The new UCLA South Bay Campus is also located in the city.28041 Hawthorne Blvd is a mixed-use investment in South Bay community of Rancho Palos Verdes. Constructed in 1973, the 14,284 square foot building is situated on a 42,262 square foot signalized corner lot, zoned RPRS800*, with parking for (37) cars on two lots, and views of the Pacific Ocean. This strategically positioned commercial building offers an incredible opportunity for an investor or owner/user seeking a prominent location in an area with exceptional demographics and high barriers to entry. There are (14) second-story offices with elevator access, (3) ground-floor retail tenants, and a large storage/shop facility with a roll-up door. T-mobile, AT&T, and Verizon have cell tower leases on-site. 7-Eleven is the anchor tenant with a long history at this location and their lease runs through 2028 with no options to extend. Kumon, Study Hut, and Chabad are three notable office tenants. The property has been owned for more than 30 years by current ownership and rents are significantly below market, offering a true value-add opportunity for the next owner.