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THE TRI NGLE DEVELOPMENT OPPORTUNITY at South Market Place in the REVITALIZED CITY of INGLEWOOD

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THE TRI NGLE DEVELOPMENT OPPORTUNITY at South Market Place in the REVITALIZED CITY of INGLEWOOD RARE MIXED-USE THE TRI NGLE DEVELOPMENT OPPORTUNITY at South Market Place IN THE REVITALIZED CITY OF INGLEWOOD BARBARA ARMENDARIZ President & Founder CalDRE #01472088 213.266.3333 x404 501, 509 & 513 S LA BREA AVE [email protected] 425, 451 & 467 S MARKET ST This conceptual design is based upon a preliminary review of entitlement requirements INGLEWOOD, CAand on unverified 90301 and possibly incomplete site and/or building information, and is EAST HILLCREST BLVD + SOUTH LABREA AVE PERSPECTIVE intended merely to assist in exploring how the project might be developed. Signage PAGE THE TRIANGLE AT S. MARKET PLACE 05.07.2020 shown is for illustrative purposes only and does not necessarily reflect municipal 3 code compliance. All colors shown are for representative purposes only. Refer to INGLEWOOD, CA - LAX20-0000-00 material samples for actual color verification. DISCLAIMER All materials and information received or derived from SharpLine Commercial Partners its directors, officers, agents, advisors, affiliates and/or any third party sources are provided without representation THE TRI NGLE or warranty as to completeness , veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability, financial at South Market Place performance of the property, projected financial performance of the property for any party’s intended use or any and all other matters. TABLE of CONETNTS Neither SharpLine Commercial Partners its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy or completeness of the any materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party’s active conduct of Executive Summary 03 its own due diligence to determine these and other matters of significance to such party. SharpLine Commercial Partners will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing. Property Overview 05 EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE. Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate Conceptual Renderings 11 third party independent professionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. SharpLine Commercial Partners makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. Area Demographics 15 SharpLine Commercial Partners does not serve as a financial advisor to any party regarding any proposed transaction. All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can Area Overview 16 be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as market conditions,vacancy factors and other issues in order to determine rents from or for the property. South Market Place 20 Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party Major Developments 23 with appropriate engineers, architects, contractors, other consultants and governmental agencies. All properties and services are marketed by SharpLine Commercial Partners in compliance with all applicable fair housing and equal opportunity laws. Exclusively Listed by: BARBARA ARMENDARIZ President & Founder CalDRE #01472088 213.266.3333 x404 [email protected] THE TRI NGLE at South Market Place EXECUTIVE SUMMARY SharpLine Commercial Partners (SharpLine) is pleased to exclusively present the opportunity to acquire The Triangle at South Market Place. The property is strategically located a half mile from Hollywood Park, the Forum and the recently approved Rams Stadium. The Triangle at South Market Place is approximately ±1.21 acres located within the Transit Oriented Development zoning of Inglewood. The TOD Mixed-Use 1 zone provides for larger-scale development at a higher density. The ideal uses include retail, services or public-serving office on the ground floor and residential, office, hotel or institutional on the upper floors. Centrally located in the heart of Inglewood, the project is only half a mile away from Hollywood Park, the Forum and with close proximity to the newly approved 298 acre Stadium. Hollywood Park is a hub for entertainment, cultural and recreational activities that will attract people from all over Los Angeles. The Forum is a world-class entertainment venue which draws up to 17,000 people to the edge of Downtown for each of the many concerts held there. PURCHASE PRICE: $350 PSF 3 INGLEWOOD, CA www.SouthMarketPlace.com PROPERTY OVERVIEW S LA BREA AVE E HILLCREST BLVD S MARKET ST THE TRI NGLE at South Market Place PROPERTY DETAILS PROJECT ADDRESSES No. Adress APN Land Size 1 501 S La Brea Ave 4021-021-001 9,634 SF 2 509 S La Brea Ave 4021-021-002 11,006 SF 3 513 S La Brea Ave 4021-021-005 8,967 SF 4 425 S Market St 4021-021-010 10,364 SF 5 451 S Market St 4021-021-008 5,617 SF 6 467 S Market St 4021-021-006 7,238 SF TOTAL ESTIMATED LOT AREA ±52,826 SF ±1.21 ACRES 1 5 4 E Hillcrest Blvd 6 2 S Market St 3 S La Brea Ave 5 INGLEWOOD, CA www.SouthMarketPlace.com THE TRI NGLE at South Market Place ZONING DETAILS TOD MIXED-USE 1 - provides for larger scale transit oriented development at a higher density. Uses should be mixed with retail, services, or public- serving office on the ground floor and residential, office, hotel or institutional on the upper floors. HOSPITALITY OFFICE MULTI-FAMILY Conceptual Design by 6 INGLEWOOD, CA www.SouthMarketPlace.com This conceptual design is based upon a preliminary review of entitlement requirements and on unverified and possibly incomplete site and/or building information, and is SOUTH MARKET STREET PERSPECTIVE intended merely to assist in exploring how the project might be developed. Signage PAGE THE TRIANGLE AT S. MARKET PLACE 05.07.2020 shown is for illustrative purposes only and does not necessarily reflect municipal 4 code compliance. All colors shown are for representative purposes only. Refer to INGLEWOOD, CA - LAX20-0000-00 material samples for actual color verification. THE TRI NGLE at South Market Place PROPERTY HIGHLIGHTS • Excellent opportunity to develop a mixed-use project • Build approximately 6 stories high or 80 feet • ±1.21 Acre Transit Oriented Development • Located at the intersections of S Market St, S La Brea Ave and E Hillcrest • Zoned TOD Mixed Use 1 – Transit Oriented District • High traffic intersection • Zoning allows for hospitality, office, residential and retail uses • 12 minute drive to LAX • Dense Urban Infill Location • Excellent street frontage and visibility • Property is strategically located 0.5 miles away from • Over 280,000 people within a 3 mile radius Hollywood Park and the Forum • Easy access to prime Los Angeles shopping, dining, and entertainment areas El Segundo LAX Playa Del Rey Venice Santa Monica Brentwood S La Brea Ave E Hillcrest Blvd S Market St 7 SHARPLINE www.SouthMarketPlace.com THE TRI NGLE at South Market Place 1.0 10.0 4.1 MAJOR AREA MILE TO STADIUM MILES TO DTLA MILES TO LAX RETAILERS NEW LA RAMS STADIUM LAX SUBJECT SITE THE FORUM Locust St ® La Brea Ave Market St Florence Ave Hillcrest Blvd 8 SHARPLINE www.SouthMarketPlace.com THE TRI NGLE at South Market Place SUBJECT LOCATION W Manchester Blvd SUBJECT SITE Manchester Blvd E Hillcrest Blvd E Spruce Ave 0.75 MILES TO THE FORUM Pincay Dr S Prairie Ave 1.0 MILE TO THE NEW STADIUM S La Brea Ave STADIUM W Arbor Vitae St 1.5 MILES TO HOLLYWOOD PARK HOLLYWOOD 1.5 MILES TO 9 SHARPLINE www.SouthMarketPlace.com THE TRI NGLE at South Market Place REGIONAL MAP HOLLYWOOD WEST HOLLYWOOD 13.2 MILES TO DODGER BEVERLY HILLS STADIUM WESTWOOD 10.0 MILES TO DOWNTOWN LA EAST LA CULVER CITY SANTA MONICA 10 MILE RADIUS 10 MILES TO COMMERCE VENICE BEACH SUBJECT 5 MILE RADIUS SITE 3 MILE RADIUS 1 MILE RADIUS 1.0 MILE TO 4.1 MILES TO RAMS STADIUM LAX EL SEGUNDO MANHATTAN 10 SHARPLINE BEACH www.SouthMarketPlace.com THE TRI NGLE at South Market Place CONCEPTUAL RENDERINGS EAST HILLCREST BLVD PERSPECTIVE Conceptual Design by This conceptual design is based upon a preliminary review of entitlement requirements and on unverified and possibly incomplete site and/or building information, and is EAST HILLCREST BLVD PERSPECTIVE intended merely to assist in exploring how the project might be developed. Signage PAGE THE TRIANGLE AT S. MARKET PLACE 05.07.2020 11 INGLEWOOD, CA shown is for illustrative purposes only and does not necessarily reflect municipal 2 code compliance. All colors shown are for representative purposes only. Refer to INGLEWOOD, CA - LAX20-0000-00 www.SouthMarketPlace.com material samples for actual color verification. THE TRI NGLE at South Market Place CONCEPTUAL RENDERINGS EAST HILLCREST BLVD + SOUTH LABREA AVE PERSPECTIVE Conceptual Design by This conceptual design is based upon a preliminary review of entitlement requirements and on unverified and possibly incomplete site and/or building information, and is EAST HILLCREST BLVD + SOUTH LABREA AVE PERSPECTIVE intended merely to assist in exploring how the project might be developed.
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