2181 Lakewood Blvd - Retail FOR SALE


Long Beach, CA 90815- Artcraft Manor
$5,500,000 USD
949-887-8067
2181 Lakewood Blvd, Long Beach, CA for Sale
$5,500,000 USD
Retail - FOR SALE
1/5
null | 6.75% Cap Rate

2181 Lakewood Blvd
Long Beach, CA 90815
Artcraft Manor


HIGHLIGHTS

  • 100% Leased Investment Opportunity
  • Excellent In-Place Income from Two Quality Tenants
  • Major Street Frontage

OVERVIEW

Voit Real Estate Services is pleased to offer this fine retail investment property for sale. Situated in the heart of Long Beach, this building is located at the signalized intersection of N. Lakewood Blvd and E. Stearns St with 171’ of frontage on Lakewood. The building is 17,695 square feet on 37,897 square feet of land, with 39 free surface parking space. The property has fantastic in-place income from its two long-term tenants, the Fortune 500 company, Dollar Tree and The Station. In total, these retail spaces generate annual net rent of $371,362. This is an incredible investment opportunity for a commercial investor looking to stable cash flow.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$311 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2181 N. Lakewood Blvd

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Storefront, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1944

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

east stearns street

LAND ACRES

0.87 AC

LAND SF

37,897 SF

ZONING

LBCCP

APN/PARCEL ID

7219-006-038

ASK ABOUT THIS PROPERTY

Kevin FultsVoit Real Estate ServicesMore Info
949-887-8067

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Kevin FultsVoit Real Estate ServicesMore Info
949-887-8067

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