949-701-3155
5150 E Pacific Coast Hwy, Long Beach, CA for Sale
Office - FOR SALE
1/16
null | Request Cap Rate

Jun '30


5150 E Pacific Coast Hwy
Long Beach, CA 90804
Eastside Long Beach


HIGHLIGHTS

  • Class A office space in a highly recognizable building with signage opportunities
  • Central location with direct access to I-405, I-605, and SR-22 freeways
  • Three levels of secure subterranean parking plus surface spaces for convenience
  • Renovated interiors offering modern finishes and efficient floorplates

OVERVIEW

Cushman & Wakefield of California, Inc., as exclusive advisor, is pleased to offer for sale PARK TOWER, a landmark seven story steel and glass office asset located in Long Beach, Los Angeles County, California on world renowned Pacific Coast Highway (PCH). Park Tower is a 119,597 SF Class A officebuilding with three levels of subterranean parking currently 28.4% leased to three tenants. With Landlord termination options on top of a short 3.1-year weighted average lease term and over 68,000 SF of immediate availability, the property presents a rare opportunity for an owner-user to secure a high-profile coastal asset for immediate occupancy. Situated along PCH, Park Tower provides exceptional access to the Southern California live/work environment and stands as one of the most recognizable office buildings in Suburban Long Beach.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Park Tower

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

7

BUILDING CLASS

A

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

420

LAND DETAILS

LAND ACRES

1.17 AC

LAND SF

50,965 SF

ZONING

MU-3

APN/PARCEL ID

7220-018-009

ASK ABOUT THIS PROPERTY

Nico NapolitanoCushman & WakefieldMore Info
949-701-3155

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Nico NapolitanoCushman & WakefieldMore Info
949-701-3155

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