1002-1012 Alamitos Ave - Freestanding FOR SALE
Long Beach, CA 90813 |
1002-1012 Alamitos Ave
Long Beach, CA 90813
HIGHLIGHTS
- Infill Long Beach strip center at a signalized hard corner with 27,000 VPD and strong street-front visibility.
- Ideal entry-point for private investors with attractive pricing and manageable building size.
- 6.88% CAP rate with upside to 7.02% by 2027, backed by steady in-place cash flow.
- NNN leases with 4-year WALT and 3% annual bumps on most leases provide built-in rent growth.
- Daily needs tenant mix with strong occupancy, healthy rent levels, and efficient CAM recovery.
- 416K+ residents within 5 miles; $107K avg. income and $239K+ annual retail spend per household.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Alamitos Plaza Infill Long Beach Strip Center
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Convenience Store, Storefront
TOTAL BUILDING SIZE
5300
STORIES
1
YEAR BUILT
1958
SPRINKLERS
-
PARKING SPACES
11
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
7265-001-153,7265-001-163,7265-001-166,7265-001-167,7265-001-183,7265-001-185,7267-005-020
