714-875-6330
2999 Westminster Ave, Seal Beach, CA for Rent

$3.70 USD /SF/yr

Office - For Rent
1/22
2,529 SF | 1 Space

NEW


2999 Westminster Ave
Seal Beach, CA 90740


HIGHLIGHTS

  • High Visibility Location at signalized intersection
  • New Roof in 2023
  • Owned Solar Providing an estimated 50% cost saving
  • Heavy Traffic Volume
  • Heavy Foot Traffic at from adjacent Post Office and Seal Beach Village Plaza

OVERVIEW

TREMENDOUS UPSIDE OPPORTUNITY! Rarely does a Commercial Multi-Tenant building come available in a Prime Location with a 5:1000 Parking Ratio that is producing strong income at only 49% leased. Seller has been keeping 51% available for an Owner/User with SBA Financing. Perfect for a Medical Operator (Medical with CUP). ProForma Income estimated at $65,000 to$75,000/month fully leased. This building is an incredible investment and has no deferred maintenance. New Roof in 2023; Fully Renovated in 2007 bringing Electrical and Air Handling up to code. Owner Occupies second (2nd) Floor currently and has been actively managing and maintaining the property. There is nothing at this age and price point in such good condition. High Quality Long Term Tenants occupy the first floor with only one small space available. Tenant mix consists of a Periodontist, Wellness Practice, Pilates Studio, Insurance and other healthcare related services. The building provides not only 56 Parking Spaces (5:1000) but has a Reciprocal Parking Agreement (in Perpetuity) with adjacent Seal Beach Village Plaza so there is even more parking availability. This is ideal for Medical Use and rare to find in a building a few minutes from the beach. Strategically positioned adjacent to the intersection of Seal Beach Boulevard and Westminster Avenue. Seal Beach Boulevard conveniently features a nearby on/ off ramp to the I-405 Freeway. The location boasts strong demographics consisting of 351,499 permanent residents with an average household income in excess of $90,000 within a five (5) mile radius, and 86,392 permanent residents with an average household incomeof $103,373 within a three (3) mile radius of 2999 Westminster Ave. Within 5-10 minutes drive time to multiple beaches and coastal areas in Seal Beach, Sunset Beach, Long Beach and Huntington Beach.

RENTAL DETAILS

SPACE AVAILABLE

2,529 SF

# OF SPACES

1

RENT/MONTH

$780 USD /mo

RENT RATE (MO)

$0.31 USD /SF/mo

RENT RATE (YR)

$3.70 USD /SF/yr

LEASE TYPE

Full Service Gross

LEASE LENGTH

3-20 Years

AVAILABLE

Now

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

13,500 SF

BUILDING CLASS

B

YEAR BUILT

1969

PARKING SPACES

56

LAND DETAILS

LAND ACRES

0.81001 AC

LAND SF

35,284 SF

ZONING

C1,Seal Beach

ASK ABOUT THIS PROPERTY

Serena GossAltamira PropertiesMore Info
714-875-6330

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

Serena GossAltamira PropertiesMore Info
714-875-6330

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