Southbay Pavilion — Sale in Carson, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Carson, CA 90746
  • Size: 643,032 SF

Photos

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Description

Newmark Pacific Capital Markets is pleased to offer for sale the SouthBay Pavilion (the “Property”), a highly-infill, 1,014,086 square foot (643,032 SF owned GLA) super regional shopping center immediately adjacent to Interstate 405 in the densely populated Los Angeles South Bay in Carson, California. Currently 97.9% leased, SouthBay Pavilion is anchored by Target (NAP, ±1.8 million annual visits), IKEA (one of only 5 store locations in Southern California, ±1.6 million annual visits), a state-of-the-art Cinemark Theatres, JCPenney and more than 75 stores and restaurants, including the adjacent and separately-owned 180,000 square foot Shops at SouthBay Pavilion, which includes ALDI, Ross Dress for Less, Burlington, In-N-Out Burger, and also serves a primary driver for the in-line stores. Located on a massive 68-acre site (43.43-acres owned), SouthBay Pavilion occupies one of the most coveted, infill locations in all of Los Angeles with direct access off the 405 Freeway from Avalon Boulevard, near the convergence of the 110 Freeway, providing excellent access and visibility. Further, the densely populated Carson submarket is strategically located between West LA and Orange County, and also offers proximity to LAX, Downtown LA, the Alameda Corridor, and the Port of Los Angeles. SouthBay Pavilion presents a unique opportunity for investors to acquire a stabilized well located asset with a combination of strong cash flow and embedded value-add opportunity.

Market Context

This retail in Carson, CA is listed for sale across 643,032 SF. Compare it against other retail listings for sale in Carson, 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

$237.99/SF – $1,731/SF

Mid: $721.17/SF

Estimated price for 643,032 SF: $463,735,387 (range $153,035,186 – $1,112,966,216)

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

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