4001 E Anaheim St
Long Beach, CA 90804
KFC | ±12 Years Remaining | Long Beach, CA · Retail Property For Sale

CIRE Partners is pleased to exclusively offer for a sale a single-tenant net leased investment offering Long Beach, CA. The property consists of an approximate 1,995 square foot drive-thru building on a 20,489 square foot (0.47 AC) lot. Strategically located on the signalized northeast corner of E Anaheim Road and Termino Ave, the property benefits from robust traffic counts of approximately 36,525 vehicles per day. The subject property was built in 1992 the tenant remodeled the property in 2009 and an upcoming remodel is scheduled to be completed in 2020 (Tenant’s cost). The current lease term expires as of April 25, 2030, with two ten (10) year options remaining. The 10% rental increases every five (5) years offers investors a hedge against inflation and provides for value creation over time. The average household income is $82,869 and the population is in excess of 268,000 within a 3-mile radius. The property benefits from its proximity to Long Beach Traffic Circle which handles over 60,000 vehicles per day. The nearby Long Beach Traffic Circle is home to many national retailers such as Vons, Ralphs, CVS, Marshalls, Ross, LA Fitness, Rite Aid, Staples, Auto Zone, Chase and several high-end dealerships. Also, within close proximity to California State University Long Beach (CSULB) and Long Beach Airport.