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IRREPLACEABLE RETAIL DESTINATION ADJACENT TO MILE LONG SHOPPING CENTER

LOCATED 2 MILES FROM THE 405 FWY & < 2 MILES FROM AFFLUENT BEACH CITIES

HIGH-GROWTH, DENSE TRADE AREA WITH EXCELLENT DEMOGRAPHICS

2,250 SF - 37,980 SF ENDCAP AND ANCHOR LEASING OPPORTUNITIES

B E S T P L A Z A2 0 0 2 0 - 2 0 1 4 0 H A W T H O R N E B L V D. T O R R A N C E, C A L I F O R N I A

EXCLUSIVELY LISTED BY:MEI REAL ESTATE SERVICES

WWW.MEIREALTY.COM

TABLE OFCONTENTS

EDWARD J. MCKEEGAN DENNIS DILLON CHELSEA NOVELLIPresident Vice President Senior Associate+1 310 258 0444 X 116 +1 310 258 0444 X 111 +1 310 258 0444 X [email protected] [email protected] [email protected]

MEI Real Estate Services | 5757 W. Century Blvd. #605, Los Angeles, CA 90045

EXCLUSIVE LISTING BROKERS:

1Lease Overview

2PropertyOverview

4Demographic Analysis

3Area Overview

5Business Summary

DISCLAIMER & CONFIDENITALTY

FOR LEASE

The informat ion ccontained hereinn does not

purport to provvide a complete oor fu l ly ac-

curate summaary of the Propeerty or any

of the documents re lated thhereto, nor

does i t ppurport to be a l l - inc lus ive

or to contain a l l of the informa-

t ion which prospect ive lessees

mayy need or des ire. A l l f inan-

c iia l project ions are based

on assumptionns re lat ing

to the general econo-

my, compett i t ion, and

other faactors be-

yond the control

of the Landlord

andd Broker

and, there-

fore are

subject to mater ia l var iat ion. This Market-

inng Package does nnot const i tute an indicat ion

that there has been no change inn the bus i -

nness or affa i rs of the Property orr the Land-

loord s ince the datee of preparat ionn of the in-

formation herein.

Neither Lanndlord nor Brokeer nor any

oof their respect ivee off icers , Agents or pr in-

c ipals has made oor wi l l make anyy represen-

tat ions or warrantt ies , express or iimpl ied, as

to the accuracy or completeness of th is Mar-

kket ing Package or i ts contents . VVer i f icat ion

oof the informat ionn contained in thhe Market-

inng Package is so leely the responsibbi l i ty of the

pprospect ive lessee.

Landlord annd Broker express ly reserve

the r ight , at theirr so le d iscret ion, to re ject

aany or a l l express ions of interest oor offers to

leease space at the Property and/orr terminate

ddiscuss ions with any ent i ty at any t ime with

oor without not ice. Landlord has no legal com-

mmitment or obl igatt ions to any ent i ty review-

inng th is Market ing Package or making an offer

to lease space at the Property.

This Market ing Package annd i ts con-

tents , except such informat ion wwhich is a

mmatter of publ ic reecord are of a coonf ident ia l

nnature. By acceptt ing th is Market ing Pack-

aage, you uncondit ional ly agree thaat you wi l l

hhold and treat thhe Market ing Package and

the Contents in thhe str ictest conf iidence and

that you wi l l not d ii sc lose the Markeet ing Pack-

aage or any of the Contents to anyy other en-

t i ty (except as neccessary, in your rreasonable

oopinion, to ass ist in your determminat ion of

wwhether or not to make a proposall ) .

Please do not disturb

current tenants or

discuss lease

availabilities with

retail employees.

LEASE OVERVIEWBEST PLAZA CURRENT LEASE AVAILABILITIES

• 20120 Hawthorne Blvd: 37,980 SF Anchor, Negotiable - Anchor space, vacant and previously occupied by Babies R’ Us, fi rst time available since the 90’s - Can be demised to a 10,000 SF retail space. - Two loading docks in rear, ample parking, easy access, excellent visibility and upgraded building. - Available now; two-sided pylon and building signage.

• 20056 Hawthorne Blvd: 2,250 SF, $3.50/SF NNN - Shop space endcap suite, adjacent to prominent big-box anchor space. - Excellent endcap visibility & signage opportunities. - Currently vacant and available immediately - First time available since the 90’s.

• 20038 Hawthorne Blvd: 2,342 SF, $2.75/SF NNN - Hard Corner Endcap suite at main driveway to adjacent Shopping Center, Torrance Promenade. - Excellent endcap visibility & signage opportunities. - Former Payless Shoesource available immediately. - First time available in 15 years.

PROPERTY Best Plaza Shopping CenterADDRESS 20020-20140 Hawthorne Blvd.,

Torrance, CA 90503SUITE SIZE 2,250 SF endcap, 2,342 SF in-line,

OR 37,980 SF Freestanding AnchorPROPERTY TYPE Retail Shopping Center

USE TYPES Retail/ Restaurant Use/ Big-Box RetailerFRONTAGE Up to 32’ for Endcap, or 203’ for AnchorLEASE TERMS 5-10 years + for endcap spaces

5-20 years for freestanding anchorPARKING +/- 498 Spaces, In Common

HAWTHORNE BLVD. ( +/-69,000 CPD)

HAWTHORNE BLVD. ( +/-69,000 CPD)

DEL AMO BLVD. ( +/- 20,000 CPD)

DEL AMO BLVD. ( +/- 20,000 CPD)

Torrance PromenadeTorrance Promenade

Best PlazaBest Plaza

(NAP)

MEI REAL ESTATE SERVICES //

Best Plaza has destination endcap and anchor space opportunitues in one of the most sought after core retail locations in Southern California.

BEST PLAZA SHOPPING CENTER, TORRANCE, CA

HIGHLIGHTS

Anchored Neighborhood Shopping CenterBuilt in 1973/1998 “Best Plaza Shopping Center” is a 98,090 SF neighborhood center on 9.155 AC, anchored by a 38K SF freestand-ing box space and a 20K SF Planet Fitness. The center is comprised of a vibrant mix of service, retail, and restaurant users whose busi-ness and location draw customers on a regional basis beyond Torrance throughout the entire South Bay and surrounding cities. Best Plaza’s mostly national tenants include: Planet Fitness, David’s Bridal, Jollibee, (coming soon), Togo’s, HearUSA, Geico, Rockler, Ed-ible Arrangements, LendMark, SoCal Dentistry, In N Out (NAP), Jer-sey Mikes (NAP), California Credit Union (NAP), Flame Broiler (NAP and more.

High-Traffi c Retail CorridorBest Plaza’s strategic location benefi ts from tremendous traffi c, and an extreme lunch draw from In-N-Out and surrounding restau-rants. Situated at the signalized hard corner of Hawthorne Blvd and Del Amo Blvd., these major South Bay thoroughfares boast nearly 90,000 total CPD.

High Barriers to Entry, Coastal CommunityTorrance has extremely high barriers to entry limiting future competition from new retail developments as there is limited com-mercial land left in the surrounding trade area. Coastal proximity ensures high barriers to entry for any future competition.

Best Plaza is Part of a Mile-Long Power Center Best Plaza is adjacent to and a part of the 500K+ SF retail shop-ping mecca, Torrance Promenade. Torrance Promenade is home to a number of industry-leading power retailers including Walmart Grocery, HomeGoods, Trader Joe’s, Party City, Marshalls, Offi ce Depot, Aki Home, Bob’s Discount Furniture, Ross, UFC, and more. It sees millions of visitors annually and is a destination shopping center for residents of all demographics. Best Plaza is strategically located at the southern end of the mega power center at the hard corner of Hawthorne & Del Amo Blvd., making it a convenient stop for beach cities traffi c.

HIGHLIGHTS continued

Recent Capital ImprovementsBest Plaza has been owned by one owner since its con-struction and has been professionally managed for the last 45+ years. Ownership recently completed over $315,000 in capital upgrades including replacement of the entire parking lot with 4” thickasphalt, new LED exterior pole lighting, and numerous landscaping upgrades.

Easy Access & Ample ParkingBest Plaza has four separate points of ingress and egress near the signalized intersection, with three points of access on recently expanded Del Amo Blvd. and one point of access on Hawthorne Blvd. The center enjoys ample parking with +/-498 onsite stalls, with stalls in the front and rear of the plaza promoting ease of circulation, and a user-friendly experience for locals and commuters.


Best Plaza is an irreplaceable retail destination in a mile-long South Bay shopping center, less than 3 miles to the Pacific Ocean, and 2.5 miles to the freeway.

Excellent Boulevard Frontage and VisibilityBest Plaza is a high-visibility anchored retail shopping center strategically positioned on the corner of Hawthorne Blvd. & Del Amo Blvd. The center benefi ts from multiple entrances near the signalized intersection on both boulevards,, a 25’ double-sided pylon sign on Hawthorne Blvd., and additional signage on Del Amo Blvd.

The center boasts +/- 550 feet of linear frontage on Hawthorne Blvd. and +/- 600 feet of liner frontage on the recently extended Del Amo providing excellent visibility to cars in either direction.

MINUTES TO DESTINATION RETAIL, OCEAN, & FREEWAYSSouth Bay as a Destination Shopping MeccaBest Plaza is within 1.5 miles of two major Torrance retail centers. Del Amo Fashion Center is 2,277,00 SF and South Bay Galleria is 950,257 SF. Del Amo Fashion Center sees over 23 million annual visitors and brings extensive traffi c to the immediate Torrance area. Both retail destinations are within 5 minutes of Best Plaza, placing Best Plaza in the heart of the Los Angeles South Bay retail district serv-ing the communities of Manhattan Beach, Palos Verdes and other Beach City communities.

Minutes to Interstate 405 and 110 Freeways, and OceanBest Plaza is less than 4 miles west of the Harbor (I-110) Freeway (201,000 cars per day). and less than 2.5 miles south of the San Diego (I-405) Freeway (266,000 CPD)

Best Plaza is additionally less than 10 minutes/ 2.5 miles to the ocean and adjacent to many other unique beach communities in the surrounding coastal cities.

DENSE, AFFLUENT DEMOGRPAHICSHighly Populated Area with High Income and SpendingBest Plaza is in a densely populated location in an es-tablished coastal community. The area boasts excellent demographics with 2018 average Household income of approximately $126,838 within 3 miles. The 2018 House-hold income within 5 miles is approximately $115,229.

There are approximately 241,581 people within 3 miles ofBest Plaza and 573,369 people within 5 miles of Best Plaza. The median age is 40 years old in the area, and the town is fi lled with young families, ambitious individuals, & elders who have generational presence in Torrance.

/ BEST PLAZA SHOPPING CENTER, TORRANCE, CA

FOR LEASE


SITE AND IMPROVEMENTS DESCRIPTION

LOCATION20020 -20140 Hawthorne BoulevardTorrance, CA, 90503

SITEBest Plaza Shopping Center is situated on two (2) par-cels of land (7352-001-022 & 7352-001-027) totaling approximately 9.155 Acres or 398,801 SF of land area.

ZONINGH-PR - Hawthorne Blvd. Corridor Specifi c Plan, Promenade Subdistrict. (Land designation: commercial general).

YEAR BUILT1973/1998/subsequent upgrades

PARKINGThe property provides an abundant amount of surface parking with ±498 Spaces including ADA compliant handicap stalls.

TOPOGRAPHYThe property sits at grade level along Hawthorne Blvd. and Del Amo Boulevard.

TENANT SPACESGenerally sealed concrete, ceramic tile and/or carpet fl oor coverings. Lighting fi xtures are generally fl ourescent. Ceilings include 2x4 acoustical tile and exposed ceil-ings. Spaces are individually heated and cooled via HVAC units.

ACCESSThe property has four (4) public points of ingress and egress; three (3) entrances from Del Amo Boulevard along the south side of the subject property and one (1) entrance from Hawthorne Boulevard along the north side of the property.

STRUCTURAL ELEMENTSExterior:• Building: Steel frame• Exterior Walls: Stucco plaster walls• Exterior Windows: Glass in anodized aluminum frames• Roof: Built up composition• Roof: Mounted HVAC units• Fire Safety: Sprinklered

BEST PLAZA SHOPPING CENTER, TORRANCE, CA

SUITE SUITE SUITE SUITETENANT TENANT TENANT TENANTSF SF SF SF20020A20020A20020B20022

20024200262002820034A

20034B20036200382003820040

200522005420054201202012020140

1,5401,5401,9601,483

1,4701,7325,9831,740

1,4001,4002,3422,342

19,633

1,9601,7772,2502,250

37,98037,98010,000

AVAILABLE NOW- EndcapAVAILABLE NOW- EndcapHearUSATogo’s Sandwiches

Charmin NailsGeicoRocklerEdible Arrangements

Medical Weight LossLendmarkPrecision Athle cs (5/1/19)Precision Athle cs (5/1/19)Planet Fitness

SoCal Pediatric Den stry Providence Urgent CareAVAILABLE 4/1/19- End CapAVAILABLE 4/1/19- End CapAVAILABLE 4/1/19- Box SpaceAVAILABLE 4/1/19- Box SpaceDavid’s Bridal

2002

0B

2002

2

2004

0

2002

4

2002

6

2002

8

2003

4A

2003

4B= AVAILABLE

2003

6

20040

20052

20120

2002

0A

Charmin Nails

20140

20054

+/- 90,000 CPD

2003

8

AVAILABLE ANCHOR AVAILABLE ANCHOR SPACE 37,980 SFSPACE 37,980 SF

20056 2,250 SF End Cap For Lease

Shopping Center Aerial

TORRANCE PROMENADE (ADJACENT TO BEST PLAZA)Toorrance Promenade is a 400K + SSF mi le long Power Center adjjacent to Best P laza

annd is home to Walmart Grocery, HomeGoods, Trader Joe’s , Paarty C i ty, Marshal ls ,

Offf ice Depot, Aki Home, Bob’s DDiscount Furniture, Ross , UFC, Orchard Supply

Haardware, Subway & more. I t seees mi l l ions of v is i tors every yyear and is a major

drraw for res idents and demographics of a l l k ind within 5 mi less of the area.

AREA OVERVIEW

DEL AMO FASHION CENTER (1 MILE SOUTH)Deel Amo Fashion Center i s thhe South Bays largest shoopping attract ion

with has a gross leas ing areaa of 2 .6 mi l l ion SF. I t i s leess than one mi le

soouth of Best P laza and ten minutes away from the beach. Del Amo

Faashion Center has over 200 reta i lers and restaurants and is home to

a number of anchor stores, rrestaurants , movie theateers , and a f i tness

ceenter. The three level luxuryy shopping mal l sees over 23 mi l l ion annu-

al v is i tors and br ings extens ive traff ic to the immediate Torrance area.

SOUTH BAY GALLERIA (1.5 MILES NORTH)Thhe South Bay Gal ler ia holds 3 stor ies together withh 125 stores and

reestaurants inc luding Macy ’s// Macy ’s Furniture Gal lerry, Kohl ’s and an

AMMC Dine- In Theaters in a totta l f loor area of 955,000 SSF. The South Bay

Gaal ler ia i s adjacent to South BBay Marketplace to the south, which is home

too Nordstrom Rack, L iv ing Spaaces, Sprouts Marketplacee, Ulta Beauty, To-

taal Wine & More, Ver izon Wireeless , Panera Bread and more.

AREA OVERVIEW CONTINUED

The City of Torrance is located in southwest Los

Angeles County in an aff luent costa l region known

as the South Bay. Torrance is the e ighth largest

munic ipal i ty in Los Angeles County. Torrance is

bordered by 1.5 mi les of beach and the City of

Redondo Beach to the west , the communit ies of

Gardena and Lawndale to the north, C i ty of Los

Angeles ’ Harbor Gateway and Lomita to the east ,

and the h igh-end beach communit ies of the Palos

Verdes Peninsula to the south.

Torrance covers roughly 21 square mi les (12,312

acres) and is s i tuated in south western Los

Angeles County, bounded by the Paci f ic Ocean

on the west . Torrance has 1.5 mi les of l i feguard-

patrol led beach area, and i t a lso has 550 mi les of

walkable pedestr ian s idewalks .

Incorporated in 1921, the populat ion of

Torrance is near ly 150,000 with a peak day-

t ime populat ion that grows to 250,000 or

more. Torrance is the e ighth largest c i ty

in Los Angeles County and the 33rd

largest c i ty in Cal i fornia .

Thhis res ident ia l and l ight h igh-tech industr ies cc i ty has 46 c i ty paarks and recreat ion fac i l i tt ies , 6 l ibrar ies , and 90,000 street trees offfer ing a range of act iv i tt ies and amenit ies . Torrance is one of thhe nat ion’s most des irable locat ions for res idennts , bus inesses, annd reta i lers and has extreemely h igh barr iers to entry. The area’s warm c l imate, scenic oceann border and ease of acccess to the rest off Los Angeles attracts res idents f rom al l over, making i t a dest i -naat ion c i ty for new and long-term fami l ies res id ingg in the heart of Soouthern Cal i fornia .

Seerv iced by two major f reeeways— Interstates 4055 and 110 —and seeveral major thoroughfarees, Torrance is less than 8 mi les south off Los Angeles Internat ionaal A irport (LAX) , 7 mi les south of the in-cooming NFL Rams Stadium,, and 15 mi les southwest of Downtown Loos Angeles . With an except ional publ ic t ranspoortat ion system, peedestr ian-fr iendly terra in and an abundance neigghbourhood and deest inat ion shopping centeers , Torrance is one of South Bay ’s most dees irable p laces to l ive, woork, explore, and shop.

* IInformat ion der ived from sources deemed to be re l iable.

With excellent economic and demographic fundamentals,

Torrrance is one ofthe nation’s most desirable

locations for residents,businesses, and retailers.

Torrance additionally ranks among the safest cities in Los

Angeles County each year.

LOCATION OVERVIEW

M U L T I T U D E O F N E A R B Y A M E N T I E S & C I T Y L A N D M A R K S

U P S C A L E D I N I N GDel Amooo Fashion Mall

N E I G H B O R H O O D R E T A I LTorrance Promenade

S H O P P I N G M A L L S Southbay Galleria

B E A C H C I T Y

Torrance Beach

O NN S I T E FFF II TT NNN EEE S S C LL U B SS BBest PPllaza

ANCHOR SPACE - 37,980 SF

FOR LEASE

ENDCAP SPACES

You are solely responsible for independently verifying the information on this Marketing Package. Any reliance on it is solely at your own risk..

DEMOGRAPHICS


BUSINESS SUMMARY

EXCLUSIVE LEASING AGENTS

DENNIS DILLON+1 310 258 0444 X [email protected]

CHELSEA NOVELLI+1 310 258 0444 X [email protected]

EDWARD J. MCKEEGAN+1 310 258 0444 X [email protected]

MEI Real Estate Services5757 W. Century Blvd., Ste 605Los Angeles CA 90045t: +1 310 258 0444f: +1 310 258 0440DRE #01100993

www.meirealty.com

B E S T P L A Z A2 0 0 2 0 - 2 0 1 4 0 H A W T H O R N E B L V D.

T O R R A N C E, C A L I F O R N I A

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