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RETAIL SPACE for LEASE Crenshaw Blvd & Imperial Hwy Inglewood, CA SITE

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RETAIL SPACE for LEASE Crenshaw Blvd & Imperial Hwy Inglewood, CA SITE RETAIL SPACE FOR LEASE Crenshaw Blvd & Imperial Hwy Inglewood, CA SITE CRENSHAW BLVD IMPERIAL HWY 37,048 CARS/DAY 33,135 CARS/DAY LOCATION HIGHLIGHTS Location Offers Amazing Combination of High Population, Dense Residential Housing, Solid Daytime Population, Strong Average Income, and Complimentary Area Tenants Signalized Hard Intersection at Imperial Highway and Crenshaw Blvd, with 70,183 Cars Per Day Major Commercial Retail Hub for Surrounding Region - 900,000 SF of Retail and Office Within 3-Mile Radius Close proximity to the 105, 110 and 405 Freeways Inglewood Poised to Benefit from the Strengthening West Los Angeles Market 1.2 10.0 6.0 MILES TO STADIUM MILES TO DTLA MILES TO LAX LOCATOR MAP CENTURY BLVD CRENSHAW BLVD CRENSHAW WESTERN AVE NORMANDIE AVE HAWTHORNE BLVD HAWTHORNE 108TH ST VAN NESS AVE VAN 33,135 CARS/DAY SITE IMPERIAL HWY 37,048 CARS/DAY 120TH ST PRAIRIE AVE 1 MILE RADIUS SITE LOUISIANA PLAN FRIED CHICKEN LISA BEAUTY SALON & NAIL SPA SITE 16,000 SF AVAILABLE HOLLYWOOD 14.2 MILES TO DODGER 10.0 MILES TO STADIUM DOWNTOWN LA EAST LA CULVER CITY SANTA MONICA 10.0 MILES TO VENICE 10 MILE RADIUS COMMERCE BEACH 5 MILE RADIUS 1.2 MILES TO RAMS STADIUM 3 MILE RADIUS 6.0 MILES TO LAX 1 MILE RADIUS EL SEGUNDO NORWALK REDONDO BEACH CARSON 18.0 MILES TO LONG BEACH AIRPORT AREA DEMOGRAPHICS Population: 1 Mile 2 Miles 3 Miles 2024 Projection 43,761 160,317 291,235 2019 Estimate 43,335 158,504 287,480 2010 Census 42,455 153,856 276,527 Growth 2019-2024 0.98% 1.14% 1.31% Growth 2010-2019 2.07% 3.02% 3.96% Households: 2024 Projection 14,658 53,174 99,417 2019 Estimate 14,505 52,496 98,154 2010 Census 14,159 50,568 94,589 Growth 2019 - 2024 1.05% 1.29% 1.29% Growth 2010 - 2019 2.44% 3.81% 3.77% Income: 2019 Avg HH Income $53,482 $69,014 $73,716 2019 Med HH Income $42,711 $50,057 $52,755 Work Type: Total Businesses 1,739 4,540 9,706 Number of Employees 14,295 47,351 102,899 AREA OVERVIEW THE FORUM - Inglewood, CA The Forum is an all-purpose indoor arena in Inglewood, California. Located between West Manchester Boulevard, across Pincay Drive and Kareem Court, it is north of the under-construction SoFi Stadium and the Hollywood Park Casino. After being purchased by The Madison Square Garden Company, The Forum was renovated as a world-class concert venue. Having been built in 1967, The Forum is considered a famed location and in 2014 was officially listed on the National SOFI STADIUM - Inglewood, CA Register of Historic Places. Previously home to the the After years without a football team, Los Angeles residents not only Los Angeles Lakers and the Los Angeles Kings, The now have two teams to root for, they now have a gigantic stadium Forum was considered one the most well-known sports to house both of them. The LA Rams and the LA Chargers have venues in the U.S. Although both teams have adopted their own state-of-the-art stadium being built in Inglewood, right the Staples Center as their new home, the Forum outside of The Forum. With a capacity to fit about 70,000 fans, continues to remain an iconic and relevant arena. The and with plans of expanding to fit over 100,000, the stadium will Forum’s 2020 line up consists of the Nickelodeon Slime rival the largest stadium in California, The Rose Bowl. The SoFi Fest 2020, Blake Shelton, The 1975, Billie Eilish, and Stadium is already set to host the 2022 Super Bowl, 2023 College Harry Styles. Playoff Championship, 2026 World Cup matches, and the 2028 Olympic ceremonies. BARBARA ARMENDARIZ President & Founder CalDRE #01472088 213.266.3333 x404 [email protected] AREA OVERVIEW HOLLYWOOD PARK & CASINO - Inglewood, CA Originally a legendary racetrack, Hollywood Park has transformed into an exciting modern neighborhood with several popular entertainment venues. Home to the Forum, Hollywood Park Casino, the upcoming SoFi Stadium, Hollywood Park is a famed Southern California vacation spot. Hollywood Park Casino is a sports bar, lounge, and casino in Inglewood, California. HPC is conveniently located near Downtown LA and LAX. After being heavily renovated in 2016, the casino converted to a top-ranking casino and entertainment destination in Southern California. Known for LOS ANGELES INTERNATIONAL AIRPORT hosting daily “No-Limit Hold’em Tournaments” and many The city of Inglewood and the Los Angeles International variations of different poker games, people are attracted Airport, are separated by a mere ten minute drive, fifteen to the casino for its vast array of games. Dining and drink with the typical LA traffic. With a large sum of about 63 options include Century Bar & Grill and Table Side Service. million passengers a year, LAX is a hub for tourists and The Raise Lounge inside HPC is a beautiful atmosphere for vacationers looking for a relaxing Southern Californian guests to relax and can also be privately reserved. With vacation. great entertainment, dining, and games, the Hollywood Park Casino is an Inglewood staple. BARBARA ARMENDARIZ President & Founder CalDRE #01472088 213.266.3333 x404 [email protected] AREA OVERVIEW JOBS BY INDUSTRY SECTOR - Inglewood, CA INDUSTRY # OF JOBS Health Care and Social Assistance 3,453 Educational Services 3,144 Retail Trade 3,126 Transportation and Warehousing 2,678 Other Services (excl. Public Administration) 2,059 Accommodation and Food Services 1,841 Wholesale Trade 1,752 Arts / Entertainment / Recreation 1,449 Manufacturing 1,349 Administration & Support / Waste Mgmt 1,275 Public Administration (Government) 1,202 Professional / Scientific / Technical Services 489 Information 432 Construction 415 Finance and Insurance 371 Real Estate and Rental and Leasing 325 Management of Companies and Enterprises 168 Sources: U.S. Census Bureau: Census 2010, 2005-2009 American Community Survey, Local Employment Dynamics: ESRI BARBARA ARMENDARIZ President & Founder CalDRE #01472088 213.266.3333 x404 [email protected] DISCLAIMER Exclusively Listed by: 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 or BARBARA ARMENDARIZ warranty as to completeness , veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental President & Founder requirements, developability or suitability, financial performance of the CalDRE #01472088 property, projected financial performance of the property for any party’s 213.266.3333 x404 intended use or any and all other matters. [email protected] 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 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. 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 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. 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 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. Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public SHARPLINE COMMERCIAL PARTNERS accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition 515 S. FLOWER STREET, 18TH FLOOR of the property and whether the property complies with applicable LOS ANGELES, CA 90071 governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and 213.266.3333 | SHARPLINECP.COM governmental agencies. All properties and services are marketed by SharpLine Commercial Partners in compliance with all applicable fair housing and equal opportunity laws..
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