Listing banner image
  • Zip Code
    90503Zip Code
  • Occupancy
    88%Occupancy
  • Asking Price
    $35,000,000Asking Price
  • Country
    USCountry
  • City
    TorranceCity
  • Property Type
    OfficeProperty Type

Description

Torrance Office Center is a premier 200,000-square-foot, three-story suburban office campus ideally situated at 21600 Hawthorne Boulevard in Torrance, California. Constructed in 1998 and fully refreshed with a contemporary lobby renovation in 2018, this well‐maintained property offers flexible creative, executive, medical office and R&D configurations. Currently 88% occupied, the campus features generous 66,000-square-foot floor plates, 700 covered parking stalls at a 3.5:1 ratio and 8.5 acres of beautifully landscaped grounds, all within walking distance of retail, dining and...

Documents

Offering Summary

  • Asking Price
    $35,000,000
  • Price PSF
    $175
  • Property Type
    Office
  • Size
    200,000 SF
  • Occupancy
    88%
  • Total Acres
    ~8.50 ac

Sale Details

  • T12 Cap Rate
    6.10%
  • T12 NOI
    $2,135,000

Documents

Property Address

21600 Hawthorne Blvd
Torrance, CA 90503

Property Details

  • Property Type
    Office
  • Square Feet
    200,000 SF
  • Available Space (SF)
    24,000 SF
  • Occupancy
    88%
  • Year Built
    1998
  • Year Renovated
    2018
  • Stories
    3
  • Floor Plates (SF)
    66,000 SF
  • Parking Ratio
    3.5
  • Total Parking
    700
  • Zoning
    CO Commercial Office
  • APN
    7371-012-033

Property Details

Deal Team

Sarah Chen profile image
Sarah Chen
Senior VP, Office Investment Sales Senior VP, Office Investment Sales
Colliers International West
Michael Rodriguez profile image
Michael Rodriguez
VP, Industrial Investment Sales VP, Industrial Investment Sales
Colliers International West
Jennifer Walsh profile image
Jennifer Walsh
Director, Healthcare Advisory Director, Healthcare Advisory
Cascade Real Estate Group
Preeti Kadam profile image
Preeti Kadam
Principle Invester Principle Invester
Individual
AK RE Lic. #6383ieuuo

Description

Torrance Office Center is a premier 200,000-square-foot, three-story suburban office campus ideally situated at 21600 Hawthorne Boulevard in Torrance, California. Constructed in 1998 and fully refreshed with a contemporary lobby renovation in 2018, this well‐maintained property offers flexible creative, executive, medical office and R&D configurations. Currently 88% occupied, the campus features generous 66,000-square-foot floor plates, 700 covered parking stalls at a 3.5:1 ratio and 8.5 acres of beautifully landscaped grounds, all within walking distance of retail, dining and...

Documents

Offering Summary

  • Asking Price
    $35,000,000
  • Price PSF
    $175
  • Property Type
    Office
  • Size
    200,000 SF
  • Occupancy
    88%
  • Total Acres
    ~8.50 ac

Sale Details

  • T12 Cap Rate
    6.10%
  • T12 NOI
    $2,135,000

Documents

Property Address

21600 Hawthorne Blvd
Torrance, CA 90503

Property Details

  • Property Type
    Office
  • Square Feet
    200,000 SF
  • Available Space (SF)
    24,000 SF
  • Occupancy
    88%
  • Year Built
    1998
  • Year Renovated
    2018
  • Stories
    3
  • Floor Plates (SF)
    66,000 SF
  • Parking Ratio
    3.5
  • Total Parking
    700
  • Zoning
    CO Commercial Office
  • APN
    7371-012-033

Property Details

Deal Team

Sarah Chen profile image
Sarah Chen
Senior VP, Office Investment Sales Senior VP, Office Investment Sales
Colliers International West
Michael Rodriguez profile image
Michael Rodriguez
VP, Industrial Investment Sales VP, Industrial Investment Sales
Colliers International West
Jennifer Walsh profile image
Jennifer Walsh
Director, Healthcare Advisory Director, Healthcare Advisory
Cascade Real Estate Group
Preeti Kadam profile image
Preeti Kadam
Principle Invester Principle Invester
Individual
AK RE Lic. #6383ieuuo
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