5321 Long Beach Blvd | Long Beach, CA 90805
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- LoopNet Team
5321 Long Beach Blvd
Long Beach, CA 90805
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 100% Occupied and Operating 2-Tenant Retail Center
- Over 175’ of Frontage on Long Beach Blvd
- Underwriting Assumes No Uptick in CAMs
- 5.10% Cap Rate at Reasonable Currents Rents
- Large Lot with Alley Access and Multiple Ingress & Egress
- Recently Renovated with Significant Capital Improvements
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,250 SF
Building Class
C
Year Built/Renovated
1924/2019
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.45 AC
Zoning
LBCCA - Commercial Store - One Story
Parking
29 Spaces (8.92 Spaces per 1,000 SF Leased)
Frontage
100’ on Long Beach Blvd.
AMENITIES
- Corner Lot
- Restaurant
- Tenant Controlled HVAC
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $795,905 | |
| Land Assessment | $1,379,570 | Total Assessment | $2,175,475 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,379,570
Improvements Assessment
$795,905
Total Assessment
$2,175,475
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