TK&S Sells Mixed-Use Property In Torrance For $7 Million With NAI Capital Representatives

A fully leased mixed-use building located at 23805 Hawthorne Boulevard in Torrance has been sold for $7 million. This asset spans 12,400 square feet, resulting in a price per square foot of $565. The property includes two tenants operating under triple-net leases and features 41 parking spaces as well as a large outdoor playground, which makes it suitable for a childcare business. Built in 2012, it is centrally located near Del Amo Fashion Center.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $7,000,000
• Address: 23805 Hawthorne Boulevard
• Market: Torrance
• Square Footage: 12,400
• Price per Square Foot: $565
• Seller: TK&S
• Broker Representatives: David Shaby & Sheri Messerlian - NAI Capital

David Shaby and Sheri Messerlian, representatives from NAI Capital, facilitated the transaction. Their expertise in the market contributed to the successful sale of this mixed-use asset, offering unique characteristics that attracted tenants.