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FANTASTIC RETAIL / OFFICE SPACE 740 CENTINELA AVE, INGLEWOOD, CA 90302 FOR SALE | OFFICE SPACE mtip-re.comcontact MICHAEL MAKABI 240 NW 25TH STREET [email protected] Suite 329 O: 213.322.0386 Miami, FL 33127 213.322.0386 YAN TKACH [email protected] O: 213.699.2055

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Page 1: FANTASTIC RETAIL / OFFICE SPACE...property information | additional photos fantastic retail / office space 740 centinela ave, inglewood, ca 90302 240 nw 25th street, suite 329 •

FANTASTIC RETAIL / OFFICE SPACE

7 4 0 C E N T I N E L A AV E , I N G L E W O O D, C A 9 0 3 0 2

FOR SALE | OFFICE SPACE

mtip-re.comcontact

MICHAEL MAKABI 240 NW 25TH STREET

[email protected] Suite 329

O: 213.322.0386 Miami, FL 33127

213.322.0386

YAN TKACH

[email protected]: 213.699.2055

Page 2: FANTASTIC RETAIL / OFFICE SPACE...property information | additional photos fantastic retail / office space 740 centinela ave, inglewood, ca 90302 240 nw 25th street, suite 329 •

Table of Contents

FANTASTIC RETAIL / OFFICE SPACE740 Centinela Ave, Inglewood, CA 90302

240 NW 25TH STREET, SUITE 329 • MIAMI, FL 33127 • 213 .322.0386 • MTIP-RE.COMCONTACT2

PROPERTY INFORMATION 3

FINANCIAL ANALYSIS 11

SALE COMPARABLES 14

RENT COMPARABLES 18

DEMOGRAPHICS 22

ADVISOR BIOS 24

All materials and information received or derived from MTIP Commercial Real Estate

its directors, officers, agents, advisors, affiliates and/or any third party sources are

provided without representation or warranty as to completeness , veracity, or

accuracy, condition of the property, compliance or lack of compliance with

applicable governmental requirements, developability or suitability, financial

performance of the property, projected financial performance of the property for any

party’s intended use or any and all other matters.

Neither MTIP Commercial Real Estate its directors, officers, agents, advisors, or

affiliates makes any representation or warranty, express or implied, as to accuracy or

completeness of the any materials or information provided, derived, or received.

Materials and information from any source, whether written or verbal, that may be

furnished for review are not a substitute for a party’s active conduct of its own due

diligence to determine these and other matters of significance to such party. MTIP

Commercial Real Estate will not investigate or verify any such matters or conduct

due diligence for a party unless otherwise agreed in writing.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE

DILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged to

verify all information and to conduct their own inspections and investigations

including through appropriate third party independent professionals selected by

such party. All financial data should be verified by the party including by obtaining

and reading applicable documents and reports and consulting appropriate

independent professionals. MTIP Commercial Real Estate makes no warranties and/

or representations regarding the veracity, completeness, or relevance of any financial

data or assumptions. MTIP Commercial Real Estate does not serve as a financial

advisor to any party regarding any proposed transaction. All data and assumptions

regarding financial performance, including that used for financial modeling

purposes, may differ from actual data or performance. Any estimates of market rents

and/or projected rents that may be provided to a party do not necessarily mean that

rents can be established at or increased to that level. Parties must evaluate any

applicable contractual and governmental limitations as well as market

conditions,vacancy factors and other issues in order to determine rents from or for

the property.

Legal questions should be discussed by the party with an attorney. Tax questions

should be discussed by the party with a certified public accountant or tax attorney.

Title questions should be discussed by the party with a title officer or attorney.

Questions regarding the condition of the property and whether the property

complies with applicable governmental requirements should be discussed by the

party with appropriate engineers, architects, contractors, other consultants and

governmental agencies. All properties and services are marketed by MTIP

Commercial Real Estate in compliance with all applicable fair housing and equal

opportunity laws.

PRESENTED BY

Michael Makabi ,Yan Tkach,

240 NW 25TH STREET, SUITE 329 • MIAMI, FL 33127 • 213.322.0386 • MTIP-RE.COM

Page 3: FANTASTIC RETAIL / OFFICE SPACE...property information | additional photos fantastic retail / office space 740 centinela ave, inglewood, ca 90302 240 nw 25th street, suite 329 •

PROPERTY INFORMATION

S EC T I O N 1

mtip-re.comcontact

MICHAEL MAKABI 240 NW 25TH STREET

[email protected] Suite 329

O: 213.322.0386 Miami, FL 33127

213.322.0386

YAN TKACH

O: [email protected]

Page 4: FANTASTIC RETAIL / OFFICE SPACE...property information | additional photos fantastic retail / office space 740 centinela ave, inglewood, ca 90302 240 nw 25th street, suite 329 •

240 NW 25TH STREET, SUITE 329 • MIAMI, FL 33127 • 213 .322.0386 • MTIP-RE.COMCONTACT4

PROPERTY OVERVIEW

- 7,705 SF (7,315 RBA) retail/office building situated on 16,980 SF

- New construction (2015 build) with excellent curb appeal

- Approx. 160' of frontage on Centinela Ave & over 190' on Hyde Park Pl

- Exceptional traffic counts exceeding 27,000 VPD

- 26 on-site open asphalt paved parking spaces | 3.6 : 1,000 SF

PROPERTY HIGHLIGHTS

OFFERING SUMMARY

Sale Price: Subject To Offer

Building Size: 7,705 SF

Lot Size: 0.39 Acres

Price / SF: -

Year Built: 2015

Zoning: INC2

PROPERTY INFORMATION | Executive Summary

FANTASTIC RETAIL / OFFICE SPACE740 Centinela Ave, Inglewood, CA 90302

240 NW 25TH STREET, SUITE 329 • MIAMI, FL 33127 • 213.322.0386 • MTIP-RE.COM

Page 5: FANTASTIC RETAIL / OFFICE SPACE...property information | additional photos fantastic retail / office space 740 centinela ave, inglewood, ca 90302 240 nw 25th street, suite 329 •

240 NW 25TH STREET, SUITE 329 • MIAMI, FL 33127 • 213 .322.0386 • MTIP-RE.COMCONTACT5

PROPERTY DESCRIPTION

- 7,705 SF (7,315 RBA) retail/office building situated on 16,980

SF

- New construction (2015 build) with excellent curb appeal

- Approx. 160' of frontage on Centinela Ave & over 190' on

Hyde Park Pl

- Exceptional traffic counts exceeding 27,000 VPD

- 26 on-site open asphalt paved parking spaces | 3.6 : 1,000

SF

LOCATION DESCRIPTION

This beautiful multi-tenant retail / office building is situated

on a corner lot in a desirable area of Inglewood. Just

minutes away from the new stadium, this newly

constructed building consists of eight units (four retail on

the 1st floor and four office on the 2nd floor) with unit sizes

ranging from 799 to 1,035 square feet.

Located on Centinela Ave and Hyde Park Pl, this property

has over 150 feet of frontage on both streets and traffic

counts that exceed 27,000 VPD, granting the property

plenty of exposure.

PROPERTY INFORMATION | Property Description

FANTASTIC RETAIL / OFFICE SPACE740 Centinela Ave, Inglewood, CA 90302

240 NW 25TH STREET, SUITE 329 • MIAMI, FL 33127 • 213.322.0386 • MTIP-RE.COM

Page 6: FANTASTIC RETAIL / OFFICE SPACE...property information | additional photos fantastic retail / office space 740 centinela ave, inglewood, ca 90302 240 nw 25th street, suite 329 •

240 NW 25TH STREET, SUITE 329 • MIAMI, FL 33127 • 213 .322.0386 • MTIP-RE.COMCONTACT6

LOCATION INFORMATION

Street Address 740 Centinela Ave

City, State, Zip Inglewood, CA 90302

County Los Angeles

Signal Intersection No

BUILDING INFORMATION

Building Class C

Year Built 2015

Free Standing No

PROPERTY INFORMATION | Complete Highlights

FANTASTIC RETAIL / OFFICE SPACE740 Centinela Ave, Inglewood, CA 90302

240 NW 25TH STREET, SUITE 329 • MIAMI, FL 33127 • 213.322.0386 • MTIP-RE.COM

Page 7: FANTASTIC RETAIL / OFFICE SPACE...property information | additional photos fantastic retail / office space 740 centinela ave, inglewood, ca 90302 240 nw 25th street, suite 329 •

240 NW 25TH STREET, SUITE 329 • MIAMI, FL 33127 • 213 .322.0386 • MTIP-RE.COMCONTACT7

PROPERTY INFORMATION | Additional Photos

FANTASTIC RETAIL / OFFICE SPACE740 Centinela Ave, Inglewood, CA 90302

240 NW 25TH STREET, SUITE 329 • MIAMI, FL 33127 • 213.322.0386 • MTIP-RE.COM

Page 8: FANTASTIC RETAIL / OFFICE SPACE...property information | additional photos fantastic retail / office space 740 centinela ave, inglewood, ca 90302 240 nw 25th street, suite 329 •

240 NW 25TH STREET, SUITE 329 • MIAMI, FL 33127 • 213 .322.0386 • MTIP-RE.COMCONTACT8

Inglewood, CA

PROPERTY INFORMATION | Regional Map

FANTASTIC RETAIL / OFFICE SPACE740 Centinela Ave, Inglewood, CA 90302

240 NW 25TH STREET, SUITE 329 • MIAMI, FL 33127 • 213.322.0386 • MTIP-RE.COM