2201 N Bellflower Blvd
Long Beach, CA 90815
Wendy's · Retail Property For Sale

Trophy Wendy’s near Cal State Long Beach | Brand new 20 year lease | Seasoned location *with planned remodel by 2021* Irreplaceable, southern California single tenant investment opportunity Seasoned Wendy’s Trophy Location for sale - Los Angeles County Wendy’s has operated at the location for approximately 40 years Brand new 20 year lease with two 10 year options which is incredibly rare 10% rental increases every 5 years including in the 10 year options Absolute NNN lease with absolutely no landlord responsibilities Close proximity to Cal State University of Long Beach | Less than a mile away Over 37,000 students are enrolled at the University, with a staff of approximately 2,200 Subject property is located within close proximity to Long Beach State which is the third largest campus of the 23 school Cal State University system. It is also located across the street from a Target anchored shopping center and a block from the 405 freeway Nearby Long Beach Airport | Approximately 3 miles from the subject property and serves over 2.8 Million Passengers and Operates 275,000 flights annually The Subject site is in a prime location to service the Community Hospital of Long Beach (208 beds) Close proximity to Long Beach Hospital and Kaiser Permanente. Also nearby the 405 Freeway and Pacific Coast Highway Dense Demographics in Affluent 5-Mile Trade Area Robust demographics – 558,561 people reside within 5 miles with an average household income of $101,086 205,748 people reside within 3 miles with an average household income of $108,713 23,080 people reside within 1 mile with an average household income of $109,656 Fantastic Demographics and traffic counts of more than 55,000 cars per day and over 234,000 employees support the trade area Massive residual value in Real Estate – location had interest from other tenants offering to pay higher rent Extremely High Barriers to Entry Market