This property is Off-Market

650 Atlantic Avenue
Long Beach, CA 90802 ·

2,300 SF · Retail For Sale

N/A

Print

650 Atlantic Avenue

Price N/A Cap Rate 6.50%
Building Size 2,300 SF Occupancy 100%
Property Type Retail Tenancy Single
Property Sub-type Restaurant Lot Size 9,997 SF
Property Use Type Investment APN / Parcel ID 7274-018-030
Commission Split 2.75%
Listing ID: 17569222 Date Created: 03/12/2012 Last Updated: 06/21/2012

Description

A prime NNN lease investment for sale in downtown Long Beach. This Jack in the Box Restaurant is a company store, one of 237 company restaurants in California. Jack in the Box Inc. (NASDAQ: JACK), based in San Diego, is a restaurant company that operates and franchises Jack in the Box® restaurants, one of the nation' s largest hamburger chains, with more than 2,200 restaurants in 20 states. Additionally, through a wholly owned subsidiary, the company operates and franchises Qdoba Mexican Grill®, a leader in fast-casual dining, with more than 600 restaurants in 42 states and the District of Columbia.

The property is located in Long Beach, California. The City of Long Beach is one of California' s largest cities with a population of approximately 462,000 people and features attractions such as the Queen Mary, the Aquarium of the Pacific, the Toyota Grand Prix, California State University, Long Beach, and the Long Beach Convention Center. One of America' s premier seaports, the Port of Long Beach moves trade valued at over 140 billion dollars annually through Long Beach.

Located on the southeast corner of Atlantic Avenue and E. 7th Street in downtown Long Beach.

Highlights

  • Prime NNN lease investment for sale in downtown Long Beach
  • Located on the southeast corner of 7th Street and Atlantic Avenue
  • Corporate Lease with Jack in the Box, Inc.
  • High profile signalized intersection in Long Beach, CA
  • 9 on-site parking spaces and 1 handicapped parking space
  • Zoning is Commercial PD 30. Located in the City's Enterprise Zone

Research

650 Atlantic Avenue, Long Beach, CA 90802 (Los Angeles County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

Long Beach Market Trends - Asking price index trends, sale price trends, asking rent trends

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

I am a place holder, please don't judge me!!! (no, I judge you!)