Main Content

12536 Chadron Avenue Hawthorne, CA 90250
12536 Chadron Avenue
Hawthorne, CA 90250
Property Type Flex Status For Sale Size 22665 SQ. FT Price Option Call Broker
19 Spaces

RSF: 22,665
Site: 1.03 Acres
Price: Contact Broker
Built: 1960/2021
Parking: 19 Spaces
% Leased: 100%
WALT: 8.6 Years
Tenancy: Astrolabs

Lee & Associates Los Angeles West, Inc., as exclusive advisor, is pleased to present the opportunity to acquire the fee-simple interest in Astrolab at Chadron, a 100% leased office and R&D headquarters in Hawthorne, California. 

Newly renovated in 2020, the building is 100% leased to Venturi Astrolab through March 2031, offering an investor a rare opportunity to acquire a trophy asset with a secure income stream in California’s highly-coveted Hawthorne aerospace cluster. 

Astrolab is designing, building, and operating a fleet of multi-purpose commercial planetary rovers to extend and enhance humanity’s presence in the solar system. The multi-functional Flexible Logistics & Exploration (FLEX) rover is being developed to support human operations, robotic science, exploration, logistics, construction, resource utilization, and other activities critical to enabling a sustained human presence on the Moon, Mars, and beyond. 

Household names like Amazon, Tesla, The Boring Company, Ring, and a plethora of blue-chip venture startups have transformed Hawthorne into a world-class ecosystem of innovative companies with record low vacancy. 

  • Tenancy - 100% leased to Venturi Astrolab (Mar-31), providing a reliable income stream for 8+ years
  • 8.6 years of WALT from best-in-class aero-space company, serving as an HQ location with mission-critical improvements
  • In-place rents nearly 10% below market provide an attractive mark-to-market opportunity upon expiration
  • High probability renewal supported by extensive tenant investment above specialized landlord build-out