1755 Ximeno is perfect for a variety of retail or showroom uses. Approximately 19,300 sf of building (17,100 sf of ground floor retail and 2,200 sf of second floor ancillary office). Building is situated on approximately 41,290 sf of fee simple land plus an approximate 11,500 sf of adjacent land in the form of a parking covenant in perpetuity. Great parking ratio at 4/1,000 on the ground floor retail space (All single striped grade level parking).
Smart and Final will be vacating the Premises after 25 years in business at this location. The reason for not extending the lease was the store did not meet their new larger "Extra" concept format.
Monthly taxes and insurance are equal to approximately .25/sf.
The lease for Smart and Final expires on 5/31/17, however, ownership could potentially deliver building sooner.
Property is also for sale at $8,250,000. Please see Loopnet sale listing.
1755 Ximeno Avenue is located in the heart of the Long Beach Traffic Circle. The property is surrounded by a dense multi-family and single family residential base. There is great retail synergy in the surrounding area with retailers including Starbucks, T-Mobile, Carls Jr., Vons, Ross Dress for Less, Rite Aid, Unleashed by Petco, Autozone, Marshalls, Jersey Mike's Subs, Pizza Hut, Einstein Bros. Bagels, CVS, Ralphs, Chase, Staples, Centinela Pet and Feed, Big 5, Pep Boys, Burger King and More. There are many new retail developments occurring or being planned in the surrounding area.
