44,000 SQFT Tesla Collision Center in Hawthorne Listed as NNN Trophy Asset Investment Opportunity

A high-profile Tesla Collision Center, located at 13040 Cerise Avenue in Hawthorne, has been brought to market as a NNN trophy asset investment. The offering is being marketed by SRS Real Estate Partners as an opportunity within the Los Angeles MSA, one of the most dynamic commercial and industrial submarkets in Southern California. While no official pricing guidance has been released, the property last changed hands in 2020 for $10 million. 

The single-story building spans approximately 44,000 square feet and sits on a site originally constructed in 1957 and remodeled in 1973, offering a blend of legacy industrial infrastructure and modernized improvements. According to the marketing brochure, the 10-year brand-new lease in place features strong annual rental increases throughout the initial term, providing investors with a stable and growing income stream. The site reportedly features exceptional access, positioned near major freeway interchanges: Interstate 105 (with over 255,000 vehicles per day) and Interstate 405 (over 314,000 vehicles per day). In addition, the broker underlines the property’s location near critical infrastructure since Tesla Collision Center is six miles from Los Angeles International Airport, which sees over 75 million passengers annually, and close to the Port of Long Beach, one of the busiest seaports in the U.S., handling approximately $200 billion in cargo each year.

The surrounding area is also home to numerous major industrial and manufacturing employers, including SpaceX, Amazon, Costco, Apex Logistics, Astrolab, FedEx, and Ring. Based on the brochure, the five-mile trade area surrounding the property has a population of more than 753,000 residents with an average household income of nearly $118,000, along with over 350,000 employees. The broker adds that California leads the nation in electric vehicle adoption, with over 1.25 million EV registrations — representing roughly 35 percent of the national total and nearly six times that of the next highest state — underscoring the strength of Tesla’s long-term presence in the region.

SRS Real Estate Partners’ Senior Vice President Pat Weibel and Vice President Alexander Moore are handling the listing.

This Hawthorne-based property is also notable for being part of a larger real estate portfolio recently tied to a financial default. As The Registry reported in 2023, the building was among several assets formerly controlled by the Vella Group, which fell into default on a $79 million loan extended by Madison Realty Capital. Although one of the five original properties was sold in 2022, the remaining assets, including the Tesla site, remained under ownership as the foreclosure process continued.

Meanwhile, Hawthorne continues to solidify its position as a high-demand industrial hub, supported by significant recent investments and redevelopment projects. Terreno Realty Corporation recently completed the $15.6 million redevelopment of a 31,000-square-foot industrial distribution facility at 4857 W. 147th Street, now fully leased to an atomic energy company and expected to achieve LEED certification. Additionally, 1784 Holdings secured a $36.8 million bridge loan through Talonvest Capital for a self-storage development at 3155 W. El Segundo Boulevard, further underscoring the city’s draw for institutional capital and long-term industrial positioning. These developments highlight the sustained momentum and investor confidence in Hawthorne’s strategically located and infrastructure-rich industrial base.