INDUSTRIAL COVERED LAND PLAY
Institutional Property Advisors (“IPA”) as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee-simple interest in Carson Town Center (the “Property”), a ±17.54 acre infill site situated at the intersection of the I-110 Freeway and Torrance Blvd. in Carson, CA, an unincorporated neighborhood in Los Angeles County, CA. The Property is currently improved with a 169,656 SF retail center known as Carson Town Center, and is in the Flex District zoning designation permitting General Commercial, Light Industrial, and R&D Offices with nearly no restrictions on setbacks or lot coverages.
The Property presents a strategic infill redevelopment opportunity in the land-constrained Los Angeles market, which has few large parcels available for
development and where most of the industrial product is older, less functional buildings. The Property is nearby to the I-110 freeway, and only 10 miles from
the Port Of Los Angeles and approximately 11.5 miles from the Port of Long Beach, offering immediate access to the two busiest container ports in the US. The extensive Southern California freeway system offers same-day connectivity to major airports including Los Angeles International Airport along with the 25+ million residents of Southern California.
The Property is an excellent opportunity for investors to buy an infill land site in a core location just minutes from the major nearby seaports in a market with extreme scarcity of available parcels of land for new construction, offering in-place income until a redevelopment plan can be completed.