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14170 Crenshaw Boulevard
SOLD

Foreign Buyer Acquires Retail Condo In Gardena For $4.2M

14170 Crenshaw Boulevard

Retail
19,166 SF
clock iconSold 1 year ago
Patrick Wade
Matthew Greenberg
Jonathan Farasat
+ 3
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Summary

Sale
CALIFORNIA
Retail
19,166 sqft

14170 Crenshaw Blvd, a retail condo located in Gardena, was recently sold for a price of $4,215,000. The property spans a total of 19,166 square feet, resulting in a price per square foot of $219.9. The transaction was facilitated by brokers Alex Kozakov, Patrick Wade, Matthew Greenberg, Jonathan Farasat, and Alexis Abad from Kozwade Retail.

Summary of transaction details

  • Property Type: Retail Condo
  • Transaction Amount: $4,215,000
  • Square Footage: 19,166
  • Address: 14170 Crenshaw Blvd, Gardena
  • Market: Gardena

This sale attracted multiple competitive offers within the first two weeks of marketing. The brokers successfully navigated through a short and complex due diligence review process with a foreign buyer. Notably, this marks the fifth Starbucks property that the Kozwade Retail team has sold in Southern California in 2019. The property features a newly constructed Starbucks with a drive-thru and a corporate-guaranteed lease with no early kick-outs.

Players

  • All

    7

  • Agents

    5

  • Agencies

    2

Patrick Wade's profile picture
Patrick Wade
CBRE-image
Senior Vice President
$254.5M Sold
Alex Kozakov's profile picture
Alexis Abad's profile picture

Details

Deal Summary
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SOLD
IMAGE: Alex Kozakov, Patrick Wade, Matthew Greenberg, Jonathan Farasat & Alexis Abad DATE: 10/28/2019 ADDRESS: 14170 Crenshaw Blvd MARKET: Gardena ASSET TYPE: Retail Condo BROKERS: Alex Kozakov, Patrick Wade, Matthew Greenberg, Jonathan Farasat, Alexis Abad @kozwade_retail PRICE: $4,215,000 SF: 19,166 ~ PPSF: $219.9.9 NOTES: Multiple Competitive Offers Generated within First 2 Weeks of Marketing, Foreign Buyer they Navigated through Short and Complex Due Diligence Review, 2nd Brokerage Team to Market (And Ultimately Successful Sell) the Property, 5th Starbucks their Team Has Sold in Southern California in 2019, New Construction Starbucks with Drive-Thru, Corporate Guaranteed Lease with No Early Kick-Outs.

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Address14170 Crenshaw Boulevard

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