2005 Long Beach Blvd - Office FOR SALE


Long Beach, CA 90806- Wrigley
$7,300,000 USD
626-688-8311
2005 Long Beach Blvd, Long Beach, CA for Sale
$7,300,000 USD
Office - FOR SALE
1/9
null | 5.91% Cap Rate

2005 Long Beach Blvd
Long Beach, CA 90806
Wrigley


HIGHLIGHTS

  • Free Standing, Prime Location, Heavy Traffic, 370' Frontage, AAA Tenant-US Government

OVERVIEW

Single Tenant Investment with AAA tenant: US Government. This Free Standing office building was custom-built for the U.S. Social Security Administration (SSA) in 20003. Prime location with 370' Frontage on Long Beach Blvd. 15-Year Lease Term with 10 years Firm Term signed in 2013; Over $700,000 in Tenant Improvements Completed in 2016. This SSA office serves serves a region with population of half million people.

FOR SALE DETAILS

PRICE

$7,300,000 USD

PRICE/SF

$471 USD /SF

CAP RATE

5.91%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Social Security Bldg

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

79

LAND DETAILS

LAND ACRES

1.17 AC

LAND SF

50,752 SF

ZONING

LBPD29

APN/PARCEL ID

7209-013-040

ASK ABOUT THIS PROPERTY

Vivian HuaGreenfield Realty GroupMore Info
626-688-8311

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Vivian HuaGreenfield Realty GroupMore Info
626-688-8311

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.