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- LoopNet Team
4501-4515 Orange Ave
Long Beach, CA 90807
Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Bus Line
- Corner Lot
- Fenced Lot
- Pylon Sign
- Signage
- Signalized Intersection
- Air Conditioning
ABOUT 4501-4515 ORANGE AVE , LONG BEACH, CA 90807
Marcus & Millichap is please to present for sale the South West corner of San Antonio Drive and Orange Avenue in the city of Long Beach (Bixby Knolls). There is approximately 11,300 square feet of improvements situated on over an acre of land. The property is located at a signalized intersection with ingress and egress both on San Antonio Drive and Orange Avenue. There is excellent on-site parking and the property is 100% occupied. Currently there are nine tenants on short-term gross leases. All leases have annual rent increases and the property is anchored by Brite Spot Mexican Grill and Bixby Knolls Liquor. This is an excellent opportunity for an investor to acquire an asset that is being offered for the first time in over 25 years and that is priced to sale at a 5.21% cap rate and a $288.94 per square foot!
PROPERTY TAXES
| Parcel Number | 7135-027-003 | Improvements Assessment | $147,639 |
| Land Assessment | $951,470 | Total Assessment | $1,099,109 |
PROPERTY TAXES
