Investment Overview
Newmark is pleased to present Torrance Western Shopping Center for sale, a stabilized retail complex anchored by Dollar Tree with a fresh ten year lease extension, in the densely populated South Bay community of Torrance, California. This esteemed property offers investors a highly attractive opportunity, featuring a 100.0% occupancy rate and a total of 37,578 square feet of Gross Leasable Area. Strategically located at the signalized intersection of South Western Avenue and West 182nd Street, the center benefits from high visibility and a densely populated trade area of over 200,000 residents within a 3-mile radius.
Investment Highlights
- Prominent Anchor Tenant With a New 10 Year Lease
- High Traffic Location with Strong Demographics
- Multiple Parcels Provide Multiple Exit Strategies