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4000-4004 Long Beach Blvd
Long Beach, CA 90807
The Wall Street Building · Office Property For Sale
Investment Highlights
- Established Income,seasoned over the last 23 years by the same management company.
- NN Leased with just under 3 years remaining on the lease. Long established track record with high probability to renew.
- Landlord Exposure is Capped at $2,500 annually for R&M, plus taxes and insurance.
- Just $162 Per foot, The average price in LA County for the past 18 months, for 10 to 50K, sized building was $448 PF.
- Underlying average rent in the building is just $1.62, Office asking rents in immediate area average an asking rate of $2.42 PF per foot.
Property Facts
Property Type
Office
Building Size
37,170 SF
Building Class
B
Year Built/Renovated
1972/1989
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
18,585 SF
Building FAR
1.90
Lot Size
0.45 AC
Zoning
CCA, Long Beach - The Wall Street Building provides a contemporary setting that will enhance your business's professional image and corporate style.
Parking
55 Spaces (2.4 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Property Manager on Site
Property Taxes
| Parcel Number | 7139-010-034 | Improvements Assessment | $987,524 |
| Land Assessment | $601,586 | Total Assessment | $1,589,110 |
Property Taxes
Parcel Number
7139-010-034
Land Assessment
$601,586
Improvements Assessment
$987,524
Total Assessment
$1,589,110
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