703-739€¦ · Address 703-739 N. Pacific Coast Highway, El Segundo, CA 90245 APN 4139-018-001 &...

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WESTMAC Commercial Brokerage Company 1515 S. Sepulveda Boulevard, CA 90025 Company DRE# 01096973 || www.westmac.com || 310-478-7700 703-739 EL SEGUNDO, CA 90245 N.Pacific Coast Highway Prime El Segundo Redevelopment Opportunity For Sale

Transcript of 703-739€¦ · Address 703-739 N. Pacific Coast Highway, El Segundo, CA 90245 APN 4139-018-001 &...

Page 1: 703-739€¦ · Address 703-739 N. Pacific Coast Highway, El Segundo, CA 90245 APN 4139-018-001 & 002 Sale Price Call agent for details Building Size Approximately 9,100 square feet

WESTMAC Commercial Brokerage Company1515 S. Sepulveda Boulevard, CA 90025Company DRE# 01096973 || www.westmac.com || 310-478-7700

703-739EL SEGUNDO, CA 90245

N.Pacific Coast HighwayPrime El Segundo Redevelopment Opportunity

For Sale

Page 2: 703-739€¦ · Address 703-739 N. Pacific Coast Highway, El Segundo, CA 90245 APN 4139-018-001 & 002 Sale Price Call agent for details Building Size Approximately 9,100 square feet

Offering SummaryDevelopment Opportunity

WESTMAC Commercial Brokerage Company, as exclusive advisor, is pleased to present the opportunity to purchase 703-739 N Pacific Coast Highway, located in the booming development hub of El Segundo in South Bay of Los Angeles County.

The site is comprised of approximately 9,100 square feet of existing improvements on approximately 44,040 square feet of land. The building was formerly occupied by a restaurant (last occupied in 2014) with a large parking lot to the side of the building with room for approximately 90 cars (buyer to verify). The lot is zoned C3, General Commercial, which allows for a variety of uses. The property is positioned perfectly between the Beach Cities and LAX.

Nestled next to the beach and LAX, this beautiful pocket of Los Angeles continues to attract the best talent in the world in aerospace, media, entertainment, manufacturing, oil refining, health care and information technology, boasting the second highest concentration of Fortune 500 companies across California, including Chevron, Boeing, Mattel, Raytheon, Xerox, Northrop and Direct TV. The City of El Segundo offers incredible support and partnership with businesses large and small, with low license taxes and low utility rates.2

Page 3: 703-739€¦ · Address 703-739 N. Pacific Coast Highway, El Segundo, CA 90245 APN 4139-018-001 & 002 Sale Price Call agent for details Building Size Approximately 9,100 square feet

Address 703-739 N. Pacific Coast Highway, El Segundo, CA 90245

APN 4139-018-001 & 002

Sale Price Call agent for details

Building Size Approximately 9,100 square feet

Lot Size Approximately 44,040 square feet

Occupancy Vacant

Zoning C3, General Commercial

Type Commercial; former restaurant building (last occupied in 2014)

Year Built 1966

Frontage 436 feet on North Pacific Coast Highway 3

Page 4: 703-739€¦ · Address 703-739 N. Pacific Coast Highway, El Segundo, CA 90245 APN 4139-018-001 & 002 Sale Price Call agent for details Building Size Approximately 9,100 square feet

• One of the last large undeveloped parcels of land on N. Pacific Coast Highway in El Segundo.

• Across the street from new Chick-fil-A and future Vella Group development site.

• Incredible area demographics.

• Development friendly city; lowest tax rates in LA County.

• Close proximity to LAX, the Beach Cities, great shopping, and major employers: The Aerospace Corporation, AT&T,

Accenture, Boeing, Mattel, Northrup Gruman, Raytheon, Square Enix U.S.A., Inc., LA Times, the LA Air Force Base, and

the LA Lakers’ training grounds.

Property HighlightsPrime Investment

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±44,040 SFOF LAND

±9,100 SFBUILDING

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Page 7: 703-739€¦ · Address 703-739 N. Pacific Coast Highway, El Segundo, CA 90245 APN 4139-018-001 & 002 Sale Price Call agent for details Building Size Approximately 9,100 square feet

The L.A. TimesMattelAerospaceRaytheonAccentureBandaiChevronSquare EnixBoeing

AT&TNorthrup GrumanThe U.S. Air ForceTeslaIBMActivision & Blizzard EntertainmentSaatchi & Saatchi...and more!

EmployersMajor Companies

77%White Collar

12%Blue Collar

11%Service

4.8%Unemployed

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Page 8: 703-739€¦ · Address 703-739 N. Pacific Coast Highway, El Segundo, CA 90245 APN 4139-018-001 & 002 Sale Price Call agent for details Building Size Approximately 9,100 square feet

Maps

Amenities

Along Pacific Coast HighwayA

• Blue Butterfly Coffee• Brewport Taphouse• El Grindo El Segundo• El Segundo Brewing Company• Good Stuff• Kreation Juice Bar• Rock & Brews• Standard Station Sports Bar & Grill• Two Guys Espresso• Venice Bakery

• Anthropologie• Best Buy• Container Store• DICK’S Sporting Goods• Home Goods• Marmalade Cafe• Nordstrom Rack• North Italia• Petsmart• Salt Creek Grill

Downtown El SegundoB The Point & Plaza at El SegundoC

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• Starbucks• Whole Foods• Yoga Works• ...and a multitude of

great restaurants

The Point & Plaza at El Segundo

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Page 10: 703-739€¦ · Address 703-739 N. Pacific Coast Highway, El Segundo, CA 90245 APN 4139-018-001 & 002 Sale Price Call agent for details Building Size Approximately 9,100 square feet

J. PATRICK SHEEKEYExecutive Vice PresidentDRE# 01290968

[email protected]

WESTMAC Commercial Brokerage Company1515 S. Sepulveda Boulevard, CA 90025Company DRE# 01096973 || www.westmac.com || 310-478-7700

For More Information:

703-739EL SEGUNDO, CA 90245

N.Pacific Coast Highway

For Sale