$3,200,000 USD
310-765-0660
5570 E Pacific Coast Hwy
Long Beach, CA 90804
Belmont Heights
HIGHLIGHTS
- Two retail properties generating $212,160 in combined annual rent
- Denny's on Absolute NNN lease with corporate guaranty
- BJ Clothes on modified gross lease with built-in rent increases
- Denny's five-year option commencing May 1, 2030
- 53,397 average weekly visits; 90% national rating per AlphaMap
- 196,493 residents and $2.85B consumer spending within 3 miles
FOR SALE DETAILS
PRICE
$3,200,000 USD
PRICE/SF
$710 USD /SF
CAP RATE
6.63%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Denny’s & BJ Clothes
PROPERTY TYPE
Retail
ADD'L SUBTYPES
Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1961
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.46 AC
LAND SF
20,038 SF
ZONING
LBCCA
APN/PARCEL ID
7241-026-001
ASK ABOUT THIS PROPERTY
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310-765-0660
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Please correct the highlighted field(s).
310-765-0660
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
