Freeway Business Center 1501 Hughes Way 1,525 - 42,001 SF of Office Space Available in Long Beach, CA 90810

Full floor suite is located on the 2nd floor of this office building. Double door entrance located just off the elevator bays leads into the large lobby / reception area. There is also a large window lined meeting room located just off the lobby. Straight back from the reception area is another large window lined conference room, perfect for corporate meetings and presentations. As you head through to the right of the reception area, there are 2 private offices and an open area that leads through to a larger departmental area with perimeter offices. Heading back through the space, you'll find another large open area, a file / storage room and IT server room before heading towards a 3rd departmental open area with perimeter private offices. This is an excellent opportunity for Tenant's looking for numerous working areas, departmental zones with managerial offices and meeting rooms for each department. This space has a lot of potential and abundant natural light throughout. INCENTIVE RATE: Landlord is offering 6 months of reduced rent for 3-year lease terms and 12 months of reduced rent for 5+years. Rental incentive rate is $1.15 per square foot and contingent upon Landlord's review and approval of Tenant's financials. Rate increases to $2.30 psf following the incentive rate period. Additional incentives available for Tenants proposing to complete their own tenant improvements. Recently renovated (2023) spec suite with extensive window line offices, kitchen, and center commons for cubicles. Previous tenant was a customer service and management hub for a major government contractor who built the space out to their custom spec. Direct access to the elevators from double door entry. Free covered parking at 3.95 / 1000SF and building signage rights negotiable for half-floor (10,000 SF) tenants and above. NOTE: Full floor tenants would have option to have secure control over the entire floor including hallway and restrooms to incorporate as part of their suite, including reclaiming sections of hallway to combine with current floor plan as laid out, and adding keycard only secure access to the 2nd floor from the elevators and stairwells. A full floor tenant will also be granted 1st choice of building corner for any available top building signage. POTENTIAL DEMISING: There is approx. 6,875 SF of standard office build out on the South wing of the 2nd floor which could be separately demised (or further demised into 1,525 SF and 5,350 SF sections, with the remaining 13,169 SF making up a mostly open floor plan. This could be appealing to a tenant with a need for one of these layout who would like to build out their own space to their custom specifications.

INCENTIVE RATE: Landlord is offering 6 months of reduced rent for 3-year lease terms and 12 months of reduced rent for 5+years. Rental incentive rate is $1.25 per square foot and contingent upon Landlord's review and approval of Tenant's financials. Rate increases to $2.50 psf following the incentive rate period. Recently renovated (2023) spec suite with extensive window line offices, kitchen, and center commons for cubicles. Previous tenant was a customer service and management hub for a major government contractor who built the space out to their custom spec. Direct access to the elevators from double door entry. Free covered parking at 3.95 / 1000SF and building signage rights negotiable for half-floor (10,000 SF) tenants and above.

New configuration options would reduce the size of the office by approx 150sf and 900sf respectively ------- Space is immediately located across from the elevator bays on the 4th Floor of the building and features a reception area, large conference room with kitchenette, 3 window lined private offices, 2 interior offices and an open area. INCENTIVE RATE: Landlord is offering 6 months of reduced rent for 3-year lease terms and 12 months of reduced rent for 5+years. Rental incentive rate is $1.25 per square foot and contingent upon Landlord's review and approval of Tenant's financials. Rate increases to $2.50 psf following the incentive rate period.