1002-1012 Alamitos Ave | Long Beach, CA 90813
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1002-1012 Alamitos Ave
Long Beach, CA 90813
Alamitos Plaza Infill Long Beach Strip Center · Retail Property For Sale
Investment Highlights
- Infill Long Beach strip center at a signalized hard corner with 27,000 VPD and strong street-front visibility.
- 6.88% CAP rate with upside to 7.02% by 2027, backed by steady in-place cash flow.
- Daily needs tenant mix with strong occupancy, healthy rent levels, and efficient CAM recovery.
- Ideal entry-point for private investors with attractive pricing and manageable building size.
- NNN leases with 4-year WALT and 3% annual bumps on most leases provide built-in rent growth.
- 416K+ residents within 5 miles; $107K avg. income and $239K+ annual retail spend per household.
Property Facts
Property Type
Retail
Property Subtype
Building Size
5,300 SF
Building Class
C
Year Built/Renovated
1958/2007
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.45
Lot Size
0.27 AC
Zoning
C - Commercial
Parking
11 Spaces (2.08 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,775,138 | |
| Land Assessment | $2,090,196 | Total Assessment | $3,865,334 |
Property Taxes
Parcel Numbers
Land Assessment
$2,090,196
Improvements Assessment
$1,775,138
Total Assessment
$3,865,334
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