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12824 Cerise Avenue Hawthorne, CA 90250
12824 Cerise Avenue
Hawthorne, CA 90250
$25,000,000.00
Property Type R&D/Tech Campus Status For Sale Size 50267 SQ. FT

FOR SALE
± 50,267 SF R&D/Tech Campus (NNN Investment)
$25,000,000 ($500/SF)
(5.4% CAP)
± 2.27 AC Land

PREMISES
Flex/R&D Space
12824 Cerise: 20,097 SF Building on 45,376 SF of Land (1.04 AC)
12831 Weber: 16,170 SF Building on 26,000 SF of Land (.60 AC)
3330 W El Segundo: 14,000 SF Building on 27,499 SF of Land (.63 AC)
Total: ± 50,267 SF Building, ± 98,875 SF Land (2.27 AC)

APN
12824 Cerise Avenue: 4053-002-030
12831 Weber Way: 4053-002-031
3330 W. El Segundo Boulevard: 4053-002-022

2021 AVERAGE PORTFOLIO RENT
$2.24/SF NNN (3% annual increases)

WEIGHTED AVERAGE LEASE TERM
4.85 Years

Features
  • Highly-coveted, Newly Renovated Creative/R&D Buildings
  • Soaring Ceilings with Skylights
  • 2,000amp Power Upgrade Recently Completed at 12831 Weber Way
  • Roll-up Doors Throughout
  • Polished Concrete Floors
  • Sandblasted Bow Truss
  • Modern Sprinkler System
  • Multiple Conference Rooms
  • Workstations, Open Spaces & Kitchen