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110 E Anaheim Street - Anaheim Pine Plaza, Long Beach, CA

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110 E Anaheim Street - Anaheim Pine Plaza

Long Beach, CA 90813 - Long Beach: Downtown Submarket

Property Type:Retail Sub Type:Drug Store Status:Existing Year Built:2007
Building Size:4,467 SF Land Area:.32 AC (13,930 SF)
For Sale Price:$1,825,000 Price/SF:$408.55
Cap Rate:5.66 %
Parking:Free Surface spaces are available; Ratio of 4.55/1,000 SF

Sale Notes:
Marcus & Millichap has been selected to exclusively to market for sale the Anaheim Pine Plaza located at 110 E. Anaheim Street in Long Beach, CA. The property is a new construction, 4,467 SF retail building located on the major signalized corner of Anaheim Street and Pine Avenue. The property is fully occupied and has great visibility at a busy intersection and ample parking. Pine Street is one of the main north-south thoroughfares through Long Beach.

The Anaheim Pine Plaza offers a stable and secure income stream. Both tenants have annual increases. Veronica' s Insurance has over 17 stores in Southern California.

Marcus & Millichap
Brandon Michaels
(818) 212-2794

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