Description
Fantastic location within Westmont Plaza, high traffic, great visibility! Anchored by Smart and Final, Chase Bank and Wells Fargo Bank. Storefront location very close to Smart and Final. This shopping center is located within the affluent city of Rancho Palos Verdes and is surrounded by another large shopping center across the street with a huge anchor of Albertson's and Rite Aid pharmacy. This a high profile area that benefits from a high traffic main street location, which helps a captive and affluent consumer base, a densely populated upscale trade area, and a really good tenant mixture. This shopping center was built in 1976 and was renovated in 1992 and it is well maintained. The Center is located at the southeast corner of Western Avenue and Westmont Drive. Western Avenue is the dominant retail corridor and thoroughfare for the eastern portion of Rancho Palos Verdes and the city of San Pedro. It provides direct access to Pacific Coast Highway and the 405 Freeway and also acts as a border between the two cities. Plenty of parking in the center and it is highly sought after area and plaza. This space is a beautiful and the previous tenant spent over $100,000 in tenant improvements for it's build out! Ready to go! Great for chiropractor, lash lounge, urgent care, med spa, etc. Rent is $2.50 oer Square Foot plus .85 NNN per SF.
Property Details for 28382 S Western Avenue
Listing Details
- Listing Advertised By
- Dave Fratello, Edge(310) 243-6299|
|
- Listing Presented By
- Caroline Taicher
- Listing Brokered By
- Palm Realty Boutique, Inc.
- Type
- Commercial Lease, Retail
- MLS Area
- 177 - Eastview/RPV
Price and MLS Information
- Status
- Closed | Listing History
- MLS Days on Mkt.
- 139 DOM
- Combined DOM*
- 139
- First Date Active
- December 8th, 2023
- Closing Date
- May 1st, 2024
- Sold Price
- $5,000
- Orig. List Price
- $6,700
- MLS® #
- SB23223455
Exterior Information
- Lot Description
- Landscaped
- Lot Size (sq. ft.)
- 255,746
- Lot Size (acres)
- 5.87
Utilities Information
- Water Source
- Public
Additional Information
- Buyer's Brokerage Fee
- 2.500
* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.
Neighborhood Information
Listing/Price History
28382 S Western Avenue, Rancho Palos Verdes, (MLS® #SB23223455)
| Date | Details | Price | Change |
|---|---|---|---|
| Closed (from Active) | – | – | |
| Price Reduced (from $6,700) | $5,000 | $1,700 (25.37%) | |
| First Day Active | $6,700 | – |
Listing Summary
Quick Summary of 28382 S Western Avenue: This home in Rancho Palos Verdes is priced at $5,000 . The Retail residence was originally built in and was listed on December 8th, 2023 at $6,700, showing 139 Days on Market currently. Contact Dave Fratello today for more information or to go see 28382 S Western Avenue.
Based on information from California Regional Multiple Listing Service, Inc. as of May 3rd, 2024 at 7:30am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
