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899 E Spring St
Signal Hill, CA 90755
Applebees's · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Strong National tenant / brand recognition
  • Fixed Rental Increases
  • Close Proximity and ease of access to major traffic drivers
  • Long Term | Absolute NNN Ground Lease - 15 years Remainin
  • Ease of Management | Absolute NNN Leases
  • Irreplaceable southern California urban infill location | Strong Demographics

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,500 SF
Building Class
B
Year Built
2013
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.74 AC
Zoning
CG - Commercial General
Parking
35 Spaces (6.36 Spaces per 1,000 SF Leased)
Frontage
209’ on Spring St

ABOUT 899 E SPRING ST , SIGNAL HILL, CA 90755

Applebee’s is located within the Signal Hill Gateway community center, which is home to an unparalleled tenant roster of top industry anchor and daily-needs tenants including Home Depot, In-N-Out, Petco, Dollar Tree and Ross, driving extremely high crossover foot traffic to the subject property. The property enjoys excellent signage, street frontage along California Avenue and East Spring Street, and multiple monument signs visible from one of the busiest freeways in Southern California, I-405. The Property is also within close proximity to Long Beach Memorial Hospital, which has more than 450 beds. The city of Signal Hill is adjacent to Long Beach, which is the seventh largest city in California. With over 5,000 residential units planned or under construction, Downtown Long Beach has become one of Southern California’s prime real estate markets. It is also a major industrial port, ranked second-busiest in the U.S. and tenth-busiest in the world. Some of Southern California’s best attractions can be found just a few miles from the area, including the Aquarium of the Pacific, the Queen Mary Oceanliner, and Disneyland. Signal Hill Gateway benefits from its position in one of the most affluent and densely populated areas in Southern California.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7207-024-028
Land Assessment
$2,240,634
Improvements Assessment
$1,948,377
Total Assessment
$4,189,011
  • Listing ID: 15988435

  • Date on Market: 5/8/2019

  • Last Updated:

  • Address: 899 E Spring St, Signal Hill, CA 90755

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