819 W. Carson Street, Torrance, CA
Retail for Sale - $3,699,900 - 4,979 Sq. Ft. on 1.09 acres

Property Info
| CIMLS# | 124014 |
| Location 819 W. Carson Street Torrance CA 90502 | |
| Updated | August 31st, 2015 |
| Type | Retail |
| Price | $3,699,900 |
| Building | 4,979 Sq. Ft. |
| Land | 1.09 acres |
Property Description
Existing Polly's Pies restaurant/retail property ready to be repositioned into a 12,000'-20'000 shopping center, retail store or drug store, medical/surgical center. Great location for Retail, shopping center, medical building project. Rental income during the entitlement phase will provide revenue.
Seller motivated will take a look at all reasonable offers. Buyer to cooperate with seller in a 1031 exchange.
The size of the land may potentially support a new retail building of 12,000'-up to 20,000'/ or a strip center with multiple retail stores.
The proforma income is up to approximately $30,000* NNN per month potentially with a proforma cap rate of up to 9.8%
Ideal location general Retail, Shopping Center, medical, surgery, orthopaedic, GI or MRI facility.
The future income and suitability of the project to be verified by buyer. Listing broker or owner make no guarantee either express or implied. Buyer to verify with buyer's experts as to the suitability of the site for any of Buyer's intended use or development.
*Note: Net income figure is projected. Buyer to verify all information. Seller or Seller's agent does not guarantee the accuracy of any information.
