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Sheri Messerlian & Ilmar Kalviste Of NAI Capital Commercial Represent Buyer In $8.25M Torrance Retail Sale

Property Image
SOLD
$8,250,000
Sheri Messerlian
Ilmar Kalviste

California

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Retail2,400 SF
Sold 12/03/2025
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Property Image
SOLD

Sheri Messerlian & Ilmar Kalviste Of NAI Capital Commercial Represent Buyer In $8.25M Torrance Retail Sale

23865 Hawthorne Boulevard

See Similar Deals
Retail2,400 SF
Sold 12/03/2025
Sheri Messerlian
Ilmar Kalviste
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$3,437
Total Square Footage:2,400 SF
Transaction Type:Sale

A 2,400-square-foot retail building located at 23865 Hawthorne Boulevard in Torrance was sold for $8,250,000. The property has a long-term lease with Starbucks and is situated on approximately 40,000 square feet of high-visibility land along a major South Bay thoroughfare, which presents low management requirements and strong tenant credit.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $8,250,000
  • Address: 23865 Hawthorne Boulevard
  • Market: Torrance
  • Square Footage: 2,400
  • Price per Square Foot: $3,438
  • Seller's Representative: CBRE
  • Buyer's Representatives: Sheri Messerlian & Ilmar Kalviste - NAI Capital Commercial

NAI Capital Commercial facilitated the transaction, with Sheri Messerlian and Ilmar Kalviste representing the buyer in a 1031 Exchange, highlighting the strategic nature of the acquisition for the investor's portfolio.

Players

Sheri Messerlian
NAI Global
Sheri Messerlian
9 deals$84.6M volume
BROKER
Ilmar Kalviste
NAI Global
Ilmar Kalviste
4 deals$15.1M volume(619) 850-5697
BROKER
CBRE
CBRE
BROKERAGE

Details

SOLD
IMAGE: Sheri Messerlian & Ilmar Kalviste DATE: 12/03/2025 ADDRESS: 23865 Hawthorne Boulevard MARKET: Torrance ASSET TYPE: Retail SELLER'S REP: CBRE (@CBRE) BUYER'S REP: Sheri Messerlian (@SheriMesserlian) & Ilmar Kalviste (@IlmarKalviste) - NAI Capital Commercial (@NAICapital) SALE PRICE: $8,250,000 SF: 2,400 ~ PPSF: $3,438 NOTE: NAI Capital Commercial completed the $8.25M sale of a 2,400-square-foot retail building at 23865 Hawthorne Blvd., Torrance, leased long-term to Starbucks, with Sheri Messerlian and Ilmar Kalviste representing the buyer in a 1031 Exchange. The property sits on ~40,000 sq. ft. of high-visibility land along a major South Bay thoroughfare, offering low management requirements and strong tenant credit, making it a strategic addition to the investor’s portfolio.

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