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110 E Anaheim St 4,467 SF 100% Leased Retail Building Long Beach, CA 90813 $2,150,000 ($481.31/SF) 6.33% Cap Rate



Investment Highlights
- Cap Rate 6.11%
- Just 2 tenant, easy to manage
- NNN Lease with 3% annual increase
Executive Summary
Retail Investment Opportunity – "Anaheim Pine Plaza" in Long Beach City. Located at the high-traffic intersection of Anaheim Street and Pine Avenue, adjacent to Pacific Avenue, this attractive commercial retail building sits in the well-established Anaheim Pine Plaza shopping center. Property Highlights: Building Size 4,467 SF. and Lot Size 13,853 SF. This building was rebuilt in 2008 and it is in good and modern condition. It has more than 20 on-site spaces - ample for customers and staffs. Zoning is Commercial Retail. One tenant is LPB Convenience Store – Long-term, stable tenant. Using 2,820 sf, rent is $8,556.37. The other is Veronica’s Insurance – Well-known brand throughout Southern California. Using 1620 sf, rent is $5,723.33. Total monthly income is $14,297. Yearly gross income is $171,356 and net income is $134,496. This good income makes Cap Rate of 6.11%. Both tenants under Rent + NNN leases. 3% Annual Rent Increases. Separate electrical meters, HVAC units, and utilities for each tenant. This is a rare opportunity to acquire a low-maintenance, income-producing asset with strong, long-term tenants in place. Ideal for investors seeking a stable return with built-in rental growth in a high-visibility, high-traffic location. (See attached Listing Supplements for Property information, Rent roll, and Profit/ Expense detail)
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Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
4,467 SF
Building Class
B
Year Built
2007
Price
$2,150,000
Price Per SF
$481.31
Cap Rate
6.33%
NOI
$136,158
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
0.32 AC
Zoning
PD29
Parking
20 Spaces (4.55 Spaces per 1,000 SF Leased)
Frontage
99’ on Anaheim St
Amenities
- Corner Lot
- Signalized Intersection
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- L.P.B Convenient Store
- Retailer
- 2,820 SF
- $36.40
- Triple Net
- Feb 2027
- Veronica's Insurance
- Finance and Insurance
- 1,620 SF
- $42.39
- Triple Net
- Nov 2025
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| L.P.B Convenient Store | Retailer | 2,820 SF | $36.40 | Triple Net | Feb 2027 | |
| Veronica's Insurance | Finance and Insurance | 1,620 SF | $42.39 | Triple Net | Nov 2025 |
Walk Score®
Walker's Paradise (91)
Transit Score®
Excellent Transit (71)
Bike Score®
Very Bikeable (75)
Nearby Major Retailers
Property Taxes
| Parcel Number | 7273-004-042 | Improvements Assessment | $961,463 |
| Land Assessment | $1,115,071 | Total Assessment | $2,076,534 |
Property Taxes
Parcel Number
7273-004-042
Land Assessment
$1,115,071
Improvements Assessment
$961,463
Total Assessment
$2,076,534
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110 E Anaheim St
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