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Former Red Lobster 21233 Hawthorne Blvd
6,819 SF of Retail Space Available in Torrance, CA 90503
Highlights
- Centrally Located in the Heart of Torrance
- Rare 2nd Generation Restaurant Opportunity
- Abundant Parking!
- Adjacent to Providence Little Company of Mary Medical Center
- Located within Village Del Amo Shopping Center
- Pylon Signage Available!!!
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
Space | Size | Term | Rent | Service Type | ||
1st Floor | 6,819 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD |
1st Floor
- Fully Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 21233 Hawthorne Blvd , Torrance, CA 90503
Property Type | Retail | Total Land Area | 0.84 AC |
Property Subtype | Restaurant | Year Built/Renovated | 1988/1990 |
Gross Internal Area | 6,819 SF | Parking Ratio | 7.92/1,000 SF |
Property Type | Retail |
Property Subtype | Restaurant |
Gross Internal Area | 6,819 SF |
Total Land Area | 0.84 AC |
Year Built/Renovated | 1988/1990 |
Parking Ratio | 7.92/1,000 SF |
About the Property
The property is located within Village Del Amo—a mixed-use retail center and office park featuring 181,301 gross leasable square feet. Village Del Amo was recently renovated and features 34 stores, 13 center properties, 2,246 parking spaces, and a total land area of 21.02 AC. The center features additional strong national co-tenancy including Tender Greens, BevMo, Benihana, Yogurtland, Starbucks, Wells Fargo, Union Bank, and many others. Outstanding new tenants include large Korean supermarket Hannam Chain, The Kebab Shop, and The Learning Experience early childhood education center.
Nearby Major Retailers
Presented by
Former Red Lobster | 21233 Hawthorne Blvd
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