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959-999 E Spring St
Signal Hill, CA 90755
Starbucks/Chipotle/ B of A (ATM) · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 100% National, credit tenants | strong brand recognition - Starbucks, Chipotle, Sprint & Bank of America (ATM)
  • Close Proximity and ease of access to major traffic drivers - Long Beach International Airport & Long Beach Memorial Medical Center
  • Ease of Management | NNN Leases
  • Outparcel Pad to Home Depot Anchored Power Center

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
6,796 SF
Building Class
C
Year Built
2015
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
1.18 AC
Zoning
CG - Commercial General
Parking
32 Spaces (4.71 Spaces per 1,000 SF Leased)
Frontage
193’ on California Ave

ABOUT 959-999 E SPRING ST , SIGNAL HILL, CA 90755

The 5-tenant pad 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, Applebee’s, Jack in the Box, 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 (333,800 VPD). 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. Over 596,600 people with an average income of over $86,000 reside within 5 miles of the property and the high-income areas of Rancho Palos Verdes and Belmont Shore are just a short drive from the center.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7207-024-027
Land Assessment
$4,113,241
Improvements Assessment
$3,057,870
Total Assessment
$7,171,111
  • Listing ID: 15988445

  • Date on Market: 5/8/2019

  • Last Updated:

  • Address: 959-999 E Spring St, Signal Hill, CA 90755

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