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Pizza Hut | Below Market Rents | Potential Up 20377 Avalon Blvd

2,465 SF Retail Building Carson, CA 90746 For Sale

Investment Highlights

  • 2 Years Remaining | Experienced Operator | Below Market Rents | Significant Upside Through Lease-Up or Redevelopment
  • Signalized, Hard Corner Intersection | Centralized Location | Interstate 405 (271,000 VPD)
  • South Bay Pavilion (9.5M Annual Visitors) | Dense Retail Corridor Multiple Nearby Apartment Complexes
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Interstate 110 (225,000 VPD) | California State University, Dominguez Hills (14,000 Students)
  • Strong Demographics in 5-Mile Trade Area | Affluent Incomes

Executive Summary

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a fee simple Pizza Hut located in Carson, California (Los Angeles MSA). The tenant, Southern California Pizza Co., operates under an absolute NNN lease with zero landlord responsibilities and is under the Sentinel Capital Partners umbrella, an experienced operator that manages and owns 224 Pizza Hut locations in the greater Los Angeles market. At $40/SF, Pizza Hut is currently paying below-market rent and has an upcoming lease termination in June 2026. Furthermore, starting July 1, 2025, the landlord holds the right to terminate the lease early with a 120-day notice, presenting a prime opportunity for a future investor to capitalize on potential upside through lease-up or redevelopment in an extremely desirable location with high barriers to entry. The site totals 0.55 acres and is zoned for CR (Regional Commercial) which allows for a wide range of uses including Restaurants, Drive-Thru Restaurants, Drive-Thru Banks, Medical or Dental Clinics, Automobile Part Stores, and more.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,465 SF
Building Class
B
Year Built
1977
NOI
$139,468 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Land Acres
0.55 AC
Zoning
CR - Commercial Regional
Parking
39 Spaces (15.82 Spaces per 1,000 SF Leased)
Frontage
102 ft on Avalon Boulevard

Amenities

  • Corner Lot
  • Freeway Visibility
  • Restaurant
  • Signage
  • Signalized Intersection

Nearby Major Retailers

Tony Roma's
Hot Dog on a Stick
ALDI
Five Guys
CAVA
Chase
Denny's
Olive Garden Italian Restaurant
Chili's
NORMS

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7339-018-021
Land Assessment
$1,760,757 CAD
Improvements Assessment
$950,803 CAD
Total Assessment
$2,711,559 CAD
  • Listing ID: 33852302

  • Date on Market: 2024-11-13

  • Last Updated:

  • Address: 20377 Avalon Blvd, Carson, CA 90746

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