1002-1012 Alamitos Ave | Long Beach, CA 90813
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- LoopNet Team
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 Number | 7267-005-020 | Improvements Assessment | $1,035,000 |
| Land Assessment | $1,120,000 | Total Assessment | $2,155,000 |
PROPERTY TAXES
Parcel Number
7267-005-020
Land Assessment
$1,120,000
Improvements Assessment
$1,035,000
Total Assessment
$2,155,000
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