JLL has been exclusively retained by Ownership to offer qualified investors the exciting opportunity to acquire Redondo Plaza (the Property), a 28,000 square-foot grocery-anchored retail center located in the South Bay city of Gardena, California. Redondo Plaza is 100% occupied by a diverse tenant mix and anchored by ALDI with 11.5 years remaining on the existing 15 year NNN lease. The Property’s strong daily needs draw successfully caters to its dense surrounding demographics, which boasts over 230,000 residents within a 3-mile radius. Additionally, its ideal location on W. Redondo Beach Boulevard, one of the main thoroughfares in Gardena, exposes the Property to over 33,800 vehicles on a daily basis.
- EXTREMELY SECURE INCOME STREAM
- RECESSION RESISTANT, “DAILY NEEDS” GROCERY ANCHOR
- LOW PRICE POINT FOR LA COUNTY GROCERY-ANCHORED CENTER
- HIGHLY VISIBLE, REGIONAL LOCATION - WITH EXCELLENT ACCESSIBILITY
- DENSELY POPULATED, URBAN SOUTHERN CALIFORNIA TRADE AREA ENSURES CUSTOMER TRAFFIC AND LIMITS FUTURE COMPETITION
- FUNCTIONAL SITE PLAN AND PARKING