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Wrigley Marketplace 6 Retail Properties in Long Beach, CA
INVESTMENT HIGHLIGHTS
- RARE COASTAL ASSET WITH NOI GROWTH AND STRONG DEMOGRAPHIC
- HIGH-PERFORMING OUTPARCELS WITH NATIONAL TENANTS
- EXTREMELY DENSE AND INFILL LOCATION WITH PROVEN PERFORMANCE
- GROCERY AND DRUG-ANCHORED RETAIL CENTER DRIVING CONSISTENT TRAFFIC
- DIRECTLY ACROSS FROM MAJOR HOSPITAL DRIVING SIGNIFICANT FOOT TRAFFIC
- LONG-STANDING TENANTS DEMONSTRATING LOCATION STRENGTH
EXECUTIVE SUMMARY
JLL, as an exclusive advisor, is pleased to present the opportunity to acquire Wrigley Marketplace (the “Property”), a 47,680 SF grocery and drug-anchored urban retail center strategically located in Long Beach, California. This transit-oriented shopping center is uniquely positioned next to a metro station and a police station, enhancing its accessibility and security. The Property offers a diverse mix of national and regional tenants, including Albertsons and CVS as anchor tenants (NAP), providing stable income and significant foot traffic. Situated adjacent to Long Beach Memorial Hospital, which generates over 2.4 million annual visitors, the center benefits from strong demographics and daytime population. The property’s ground lease extends through 2083, offering over 58 years of remaining term. Its distinctive location near public transit, law enforcement, and major healthcare facilities sets this property apart in the market.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 41,095 SF |
| Number of Properties | 6 | Total Land Area | 10.52 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 6 |
| Individually For Sale | 0 |
| Total Building Size | 41,095 SF |
| Total Land Area | 10.52 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 141 E Willow St, Long Beach, CA 90806 | Retail | 22,000 SF | 1999 | - |
| 251 E Willow St, Long Beach, CA 90806 | Retail | 6,064 SF | 2000 | - |
| 291 E Willow Rd, Long Beach, CA 90806 | Retail | 3,830 SF | 1999 | - |
| 261 E Willow St, Long Beach, CA 90806 | Retail | 3,300 SF | 1999 | - |
|
Wrigley Marketplace
281 E Willow Rd, Long Beach, CA 90806 |
Retail | 3,000 SF | 2000 | - |
| 271 E Willow Rd, Long Beach, CA 90806 | Retail | 2,901 SF | 1999 | - |
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Wrigley Marketplace
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