Hawthorne NNN-Ground Leased Property Sells for Over $1,000/sf

A two-tenant, 3k sf NNN-ground lease investment property in Hawthorne traded hands for $3.435 mil ($1,145/sf). The property, occupied by Jiffy Lube and Rally’s Hamburgers, is located at 12800-12812 Hawthorne Blvd, at the intersection with El Segundo Blvd. The deal came in at a 6.0% cap rate. Built in 1995, the building is on 0.74 […]

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