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Urban-High Street

12852 & 12866 Hawthorne Boulevard, Hawthorne, CA

12866 Hawthorne Blvd, Hawthorne, CA 90250

Listing Price: $1,695,000

Cap Rate
7.68%
Gross SF
5,217
Rentable SF
5,217
Price/Gross SF
$324.90
Lot Size
0.28 acres
Year Built
1944

Investment Overview

Marcus & Millichap is pleased to present the
exclusive opportunity to acquire 12852 and 12866 Hawthorne Boulevard, consisting
of two separate parcels and two retail buildings totaling approximately 5,217 square
feet on approximately 12,181 square feet of land in Hawthorne, California. The
property at 12866 Hawthorne Boulevard is a single-tenant restaurant prominently
positioned on the northeast corner of Hawthorne Boulevard and 129th Street.
Situated on approximately 6,083 square feet of land and zoned C-2YY, the property is
occupied by India’s Tandoori Halal Restaurant and benefits from a long history of
restaurant use, having previously operated as a Thai restaurant. The current tenant
has established long-term tenancy and holds a five-year extension option with annual
rental increases, providing continued occupancy and potential income growth. A
dedicated parking lot is conveniently located behind the restaurant. The property at
12852 Hawthorne Boulevard is a multi-tenant retail building situated on a separate
parcel comprising approximately 6,098 square feet of land and is zoned C-2. The
building is occupied in part by Jackson Hewitt, a long-term tenant at the property,
and includes a recently vacated suite that will be supported by a seller rent
guarantee, providing near-term income stability during the lease-up period.
Ownership intentionally maintained a short-term lease within the building,
preserving the flexibility for an owner-user to occupy the space or for an investor to
re-tenant it at market rent and enhance the property’s income. Additional parking is
located behind the building.

Investment Highlights

  • Two Retail Buildings on Separate Parcels Offering Stable Income and Value-Add Potential
  • Established Tenancy with Annual Rent Increases and a Seller Rent Guarantee for Near-Term Income Stability
  • Prime Hawthorne Boulevard Location Near National Retailers and Major South Bay Transportation Corridors
  • Flexible Investment Opportunity Supporting Owner-User, Repositioning, Leasing, or Redevelopment Strategies
  • Ample Parking - 16 Spaces | 3 Per 1000 SF

Exclusively Listed By

Financing By

Urban-High Street

12852 & 12866 Hawthorne Boulevard, Hawthorne, CA

Listing Price: $1,695,000

Cap Rate
7.68%
Gross SF
5,217
Rentable SF
5,217
Price/Gross SF
$324.90
Lot Size
0.28 acres
Year Built
1944

Investment Highlights

  • Two Retail Buildings on Separate Parcels Offering Stable Income and Value-Add Potential
  • Established Tenancy with Annual Rent Increases and a Seller Rent Guarantee for Near-Term Income Stability
  • Prime Hawthorne Boulevard Location Near National Retailers and Major South Bay Transportation Corridors
  • Flexible Investment Opportunity Supporting Owner-User, Repositioning, Leasing, or Redevelopment Strategies
  • Ample Parking - 16 Spaces | 3 Per 1000 SF

Investment Overview

Marcus & Millichap is pleased to present the exclusive opportunity to acquire 12852 and 12866 Hawthorne Boulevard, consisting of two separate parcels and two retail buildings totaling approximately 5,217 square feet on approximately 12,181 square feet of land in Hawthorne, California. The property at 12866 Hawthorne Boulevard is a single-tenant restaurant prominently positioned on the northeast corner of Hawthorne Boulevard and 129th Street. Situated on approximately 6,083 square feet of land and zoned C-2YY, the property is occupied by India’s Tandoori Halal Restaurant and benefits from a long history of restaurant use, having previously operated as a Thai restaurant. The current tenant has established long-term tenancy and holds a five-year extension option with annual rental increases, providing continued occupancy and potential income growth. A dedicated parking lot is conveniently located behind the restaurant. The property at 12852 Hawthorne Boulevard is a multi-tenant retail building situated on a separate parcel comprising approximately 6,098 square feet of land and is zoned C-2. The building is occupied in part by Jackson Hewitt, a long-term tenant at the property, and includes a recently vacated suite that will be supported by a seller rent guarantee, providing near-term income stability during the lease-up period. Ownership intentionally maintained a short-term lease within the building, preserving the flexibility for an owner-user to occupy the space or for an investor to re-tenant it at market rent and enhance the property’s income. Additional parking is located behind the building.

Exclusively Listed By

Financing By

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