949-725-8507
4210-4280 Long Beach Blvd, Long Beach, CA for Sale
Retail - FOR SALE
1/5
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4210-4280 Long Beach Blvd
Long Beach, CA 90807
Bixby Knolls


HIGHLIGHTS

  • Trader Joe’s Anchored Shopping Center – The Knolls is anchored by Trader Joe’s and complemented by a diverse mix of daily-needs and destination retail
  • Outstanding Income Growth – Due to embedded increases and below market rents re-setting to market
  • Strong Historical Occupancy – Four tenants totaling ±44,850 SF (91% of leased GLA) have occupied the property for 10+ years
  • Stable Cash Flow with Immediate Upside – Currently 95% occupied, with a single 2,693 SF vacancy
  • Prime Long Beach Infill Location – Property is supported by 6.8M SF of office space, 9.1M SF of retail, & 18,000 multifamily units within three miles
  • High-Traffic, Easily Accessible Location – The Knolls is situated on Long Beach Blvd (±21,000 CPD), E San Antonio Dr (±8,000 CPD)

OVERVIEW

* Trader Joe’s Anchored Shopping Center – The Knolls is anchored by Trader Joe’s and complemented by a diverse mix of daily-needs and destination retailers, including Pet Food Express, Crunch Fitness, Jersey Mike’s, See’s Candies, and Blue Burro, driving consistent customer traffic and consumer demand * Outstanding Income Growth – Due to embedded increases and below market rents re-setting to market, the Net Operating Income is projected to grow approximately $545,000 (47%) during the projected hold period * Strong Historical Occupancy – Four tenants totaling ±44,850 SF (91% of leased GLA) have occupied the property for 10+ years, demonstrating strong tenant performance and enduring demand for the center * Stable Cash Flow with Immediate Upside – Currently 95% occupied, with a single 2,693 SF vacancy providing a near term value creation opportunity while maintaining a strong and highly stable income stream * Prime Long Beach Infill Location – The property is supported by 6.8M SF of office space, 9.1M SF of retail, and 18,000 multifamily units within three miles, generating significant daytime population and consumer spending * High-Traffic, Easily Accessible Location – The Knolls is situated on Long Beach Blvd (±21,000 CPD), E San Antonio Dr (±8,000 CPD), and adjacent to Atlantic Ave (±22,800 CPD), and less than 2 miles away from I-405 (±298,400 CPD) and I-710 (±187,000 CPD), providing exceptional accessibility for both local residents and regional commuters

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.65 AC

LAND SF

158,994 SF

ZONING

LBCCH/

APN/PARCEL ID

7134-016-040

ASK ABOUT THIS PROPERTY

Jimmy SlusherCBRE, Inc.More Info
949-725-8507

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Jimmy SlusherCBRE, Inc.More Info
949-725-8507

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