638 672 Silver Spur Rd

The subject property is located in the main business district of the Palos Verdes Peninsula serving the communities of Rancho Palos Verdes, Palos Verdes Estates, Rolling Hills Estates and Rolling Hills with a population of approximately 58,000. The median household income is $105,816 within a 1 and $108,780 within a 3 mile radius respectively. The ground floor space 672 Silver Spur Road, was leased to a tenant who operated a very successful restaurant (Georgio’s Italian) for many years. The space has been vacant for many years due to a fire that broke out in the restaurant and the tenant re-opened at another location. There is a 2nd floor 670 Silver Spur Rd, that was previously professional offices, but it was affected by the fire and is also vacant. The landlord is ready to do a build out for the right tenant, and all offers are encouraged. There are also 648 and 650 Silver Spur Road are ideal for a small office space, or service oriented retail.

Located along the highly visible Silver Spur Road corridor in Rolling Hills Estates, 638–672 Silver Spur Road offers a variety of flexible office and retail spaces for lease. Available suites include Suite 670 (7,036 SF) and Suite 672 (5,703 SF), each offered at $2.25/SF NNN (estimated at approximately $0.55/SF) with a minimum three-year term or longer as negotiated; these suites are listed on a non-exclusive basis. Additional options include Suite 648 (1,250 SF) at $2,750/month MG and Suite 650 (340 SF) at $1,100/month MG. This well-located property provides excellent visibility, convenient access, ample parking, and is ideally suited for a range of professional office or retail uses.