12852 & 12866 Hawthorne Boulevard, Hawthorne, CA — Sale in Hawthorne, CA

Price: Contact for price
Listing type: For sale
Asset type: Retail Business
Location: Hawthorne, CA 90250
Year built: 1944

Photos

12852 & 12866 Hawthorne Boulevard, Hawthorne, CA — Sale in Hawthorne, CA, photo 1 of 4

12852 & 12866 Hawthorne Boulevard, Hawthorne, CA — Sale in Hawthorne, CA, photo 2 of 4

12852 & 12866 Hawthorne Boulevard, Hawthorne, CA — Sale in Hawthorne, CA, photo 3 of 4

12852 & 12866 Hawthorne Boulevard, Hawthorne, CA — Sale in Hawthorne, CA, photo 4 of 4

Investment Figures

Cap rate: 7.68%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present the exclusive opportunity to acquire 12852 and 12866 Hawthorne Boulevard, consisting of two separate parcels and two retail buildings totaling approximately 5,217 square feet on approximately 12,181 square feet of land in Hawthorne, California. The property at 12866 Hawthorne Boulevard is a single-tenant restaurant prominently positioned on the northeast corner of Hawthorne Boulevard and 129th Street. Situated on approximately 6,083 square feet of land and zoned C-2YY, the property is occupied by India’s Tandoori Halal Restaurant and benefits from a long history of restaurant use, having previously operated as a Thai restaurant. The current tenant has established long-term tenancy and holds a five-year extension option with annual rental increases, providing continued occupancy and potential income growth. A dedicated parking lot is conveniently located behind the restaurant. The property at 12852 Hawthorne Boulevard is a multi-tenant retail building situated on a separate parcel comprising approximately 6,098 square feet of land and is zoned C-2. The building is occupied in part by Jackson Hewitt, a long-term tenant at the property, and includes a recently vacated suite that will be supported by a seller rent guarantee, providing near-term income stability during the lease-up period. Ownership intentionally maintained a short-term lease within the building, preserving the flexibility for an owner-user to occupy the space or for an investor to re-tenant it at market rent and enhance the property’s income. Additional parking is located behind the building. Investment Highlights: • Two Retail Buildings on Separate Parcels Offering Stable Income and Value-Add Potential • Established Tenancy with Annual Rent Increases and a Seller Rent Guarantee for Near-Term Income Stability • Prime Hawthorne Boulevard Location Near National Retailers and Major South Bay Transportation Corridors • Flexible Investment Opportunity Supporting O

Market Context

This retail in Hawthorne, CA is listed for sale. It is offered at an approximate 7.7% capitalization rate, a key benchmark for income-producing retail assets. The building dates to 1944. Compare it against other retail listings for sale in Hawthorne, CA — view the full market.

As of Q2 2026, the Greater Los Angeles retail market showed a 5.6% vacancy rate, and average asking rents near $34.14/SF/yr. Source: multiple brokerage reports, Q2 2026.

Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

Is the Greater Los Angeles retail market tightening or softening?: Vacancy is around 5.6% (Q2 2026).

Estimated Price per SF

$192.84/SF – $1,402/SF

Mid: $584.36/SF

About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.