899 E Spring St | Signal Hill, CA 90755
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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 / Ranked #1 Applebee's in State of California & #6 in the US (placer)
- Long Term | Absolute Net Ground Lease | 9 Years Remaining | 10% Rental Escalations Every 5-Years in Base Term & Options
- Close Proximity to Long Beach International Airport (Under 1 Mile Away)
- Irreplaceable Southern California Urban Infill Location | High Barrier to Entry Market
- OutParcel to Power Center | Applebee's Fronts Home Depot, Ross, Petco & Dollar Tree; Other Co-Tenants Include: In-n-Out, Starbucks, And More
- Ease of Access to Major Traffic Drivers - Adjacent to Busiest Freeway in California I-405 (320,000 CPD+) | Attractive Freeway Signage
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
PROPERTY TAXES
| Parcel Number | 7207-024-028 | Improvements Assessment | $1,948,377 |
| Land Assessment | $2,240,634 | Total Assessment | $4,189,011 |
PROPERTY TAXES
Parcel Number
7207-024-028
Land Assessment
$2,240,634
Improvements Assessment
$1,948,377
Total Assessment
$4,189,011
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