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2725 E South St
Long Beach, CA 90805
Industrial Property For Sale
Investment Highlights
- Long-Term Absolute NNN Lease with Significant Annual Increases
- High Profile and Successful Cannabis Company – Backpackboyz has several locations in California and Arizona
- Improvements include a new roof, HVAC system, plumbing/electrical, and resurfacing the entire parking lot
- Provides an above market return for the sub-market with positive cash-on-cash potential
- Major On-Site Improvements – Ownership recently invested north of $700,000 to completely remodel the property
- Intrinsic Value in Real Estate – The asset sits on close to half an acre of light industrial land in a desirable corridor within Long Beach
Property Facts
Amenities
- Signage
Property Taxes
| Parcel Number | 7121-010-008 | Improvements Assessment | $127,189 |
| Land Assessment | $1,450,730 | Total Assessment | $1,577,919 |
Property Taxes
Parcel Number
7121-010-008
Land Assessment
$1,450,730
Improvements Assessment
$127,189
Total Assessment
$1,577,919
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