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22715 Hawthorne Boulevard

Athlos Iron Lair Signs 5-Year Lease At 22715 Hawthorne Boulevard Represented By NAI Capital Commercial
LEASEDRetail

Athlos Iron Lair Signs 5-Year Lease At 22715 Hawthorne Boulevard Represented By NAI Capital Commercial

22715 Hawthorne Boulevard

Building Size

10,356 SF

Asset Type

Retail

Closing

Feb 13, 2025

AI

The property asset involved in the transaction is a retail space located at 22715 Hawthorne Boulevard in Torrance. It encompasses 10,356 square feet and is situated in the market of Torrance.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not disclosed
  • Lease Term: 5-year
  • Landlord: Thomas Najarian LLC
  • Tenant: Athlos Iron Lair
  • Brokers: Ilmar Kalviste & Sheri Messerlian - NAI Capital Commercial

NAI Capital Commercial’s Sheri Messerlian and Ilmar Kalviste facilitated the leasing transaction, representing the landlord, Thomas Najarian LLC. The tenant, Athlos Iron Lair, is a bodybuilding gym that will operate in the same building as a Lucid dealership, which is located on one of South Bay’s busiest commercial corridors.

Players

Sheri Messerlian

NAI Global

Broker

$84.6M

vol

9 deals

Broker

Torrance Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93