Key Retail on Signalized Corner
We are pleased to offer 550 W Manchester Blvd in Inglewood, California. This property is one of a kind.
The surrounding area is a highly attractive location with a brand new $2.6b stadium nearby (1.9 miles away) that is the home of the Los Angeles Rams and Chargers, and will be hosting Super Bowl LVI. With the new stadium and a new light rail stop nearby and in Inglewood’s downtown, investing in this location presents a rare opportunity. Between major sport events, concerts, award events, as well as the renovation of the area --including a whole new neighborhood that will hold shops, restaurants, a hotel, parks, an artificial lake, and 2,500 housing units -- this neighborhood is developing at a rapid pace and now is the time to invest here. Additionally, the location offers incredible accessibility, as it is positioned only blocks away from the 405 freeway and is in close proximity to LAX, downtown LA, a number of other freeways,and major boulevards.
This 1,800 SF property is a free-standing commercial building, perfectly positioned to attract a high paying tenant to drive stable cash flows and NOI. The building sits on a 5,705 SF lot, and also includes 6 private parking spots with the potential to increase to 9 (subject to the city adopting the proposed Transit Oriented Development (TOD) Plan to change zoning to MUC that will allow for greater number of uses and parking density).
This is a superior investment opportunity in a property that is positioned on a highly visible and trafficked corner.
Building Size: 1,800 SF
Lot Size: 5,705 SF
Year Built: 1954
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