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Signal Hill Commerce Center 2698 Junipero Ave 31,824 SF 91% Leased Flex Building Long Beach, CA 90755 For Sale
INVESTMENT HIGHLIGHTS
- Long-term residual value given A+ infill locations in key markets.
- Pricing is at a significant discount to replacement cost
- City of Signal Hill: No Measure ULA tax.
EXECUTIVE SUMMARY
* Little to no new construction of small-bay industrial product in these markets
PROPERTY FACTS In Escrow
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Flex | Year Built | 1985 |
| Property Subtype | Light Distribution | Parking Ratio | 4/1,000 SF |
| Building Class | B | Clear Ceiling Height | 14’ |
| Lot Size | 1.61 AC | No. Drive In / Grade-Level Doors | 13 |
| Rentable Building Area | 31,824 SF | ||
| Zoning | CI, Signal Hill - Commercial Industrial: See allowable uses - https://codelibrary.amlegal.com/codes/signalhill/latest/signalhill_ca/0-0-0-72237#JD_20.20.020 | ||
| Sale Type | Investment |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | B |
| Lot Size | 1.61 AC |
| Rentable Building Area | 31,824 SF |
| No. Stories | 1 |
| Year Built | 1985 |
| Parking Ratio | 4/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Drive In / Grade-Level Doors | 13 |
| Zoning | CI, Signal Hill - Commercial Industrial: See allowable uses - https://codelibrary.amlegal.com/codes/signalhill/latest/signalhill_ca/0-0-0-72237#JD_20.20.020 |
AMENITIES
- 24 Hour Access
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
• Available: ±1,392 SF – ±2,784 SF (Industrial) Available: ±2,200 SF (Office) • Signal Hill Commerce Center is strategically located in the Southeast section of the South Bay Industrial submarket. The City’s major boulevards intersect the 405 Freeway to the north and the 710 freeway to the west, within minutes to the Ports of Long Beach & Los Angeles. • Professionally Managed Flex/Industrial Business Park • Adjacent to Douglas Park Master Planned Development & Long Beach Airport • Local Amenities – Long Beach Airport, Costco, Home Depot, Restaurants, Entertainment • Most Units have 100% HVAC • 2 per 1,000 SF parking spaces • Each unit is individually metered for electricity • Lease Type: NNN. Lease Rates are quoted as the total “all in” PSF rate but we will transact a Triple Net deal on the Net equivalent reflecting the projects $0.64 PSF Monthly Operating Expenses. • Water, Trash, & Landscaping is included in the Operating Expenses.
• Industrial/Flex Unit • 1 Reception Office & Open Warehouse Area • 10’ x 12’ GL Door • 14.5’ Clear Height
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 103 | 1,392 SF | Office | - | Now |
| 1st Fl - 116 | 1,392 SF | Industrial | - | Now |
1st Fl-Ste 103
| Size |
| 1,392 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Fl - 116
| Size |
| 1,392 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
1st Fl-Ste 103
| Size | 1,392 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
• Available: ±1,392 SF – ±2,784 SF (Industrial) Available: ±2,200 SF (Office) • Signal Hill Commerce Center is strategically located in the Southeast section of the South Bay Industrial submarket. The City’s major boulevards intersect the 405 Freeway to the north and the 710 freeway to the west, within minutes to the Ports of Long Beach & Los Angeles. • Professionally Managed Flex/Industrial Business Park • Adjacent to Douglas Park Master Planned Development & Long Beach Airport • Local Amenities – Long Beach Airport, Costco, Home Depot, Restaurants, Entertainment • Most Units have 100% HVAC • 2 per 1,000 SF parking spaces • Each unit is individually metered for electricity • Lease Type: NNN. Lease Rates are quoted as the total “all in” PSF rate but we will transact a Triple Net deal on the Net equivalent reflecting the projects $0.64 PSF Monthly Operating Expenses. • Water, Trash, & Landscaping is included in the Operating Expenses.
1st Fl - 116
| Size | 1,392 SF |
| Space Use | Industrial |
| Condition | - |
| Available | Now |
• Industrial/Flex Unit • 1 Reception Office & Open Warehouse Area • 10’ x 12’ GL Door • 14.5’ Clear Height
PROPERTY TAXES
| Parcel Number | 7212-021-052 | Improvements Assessment | $2,070,396 |
| Land Assessment | $3,651,804 | Total Assessment | $5,722,200 |
PROPERTY TAXES
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Signal Hill Commerce Center | 2698 Junipero Ave
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