This offering presents a fully leased industrial investment opportunity in Long Beach, California. Positioned on a substantial ±2.49-acre parcel, the property features a ±7,631 SF industrial building with large yard space and functional layout supporting various industrial uses. It benefits from LBIG zoning, allowing flexible industrial operations and long-term investment stability.
The asset is secured by a strong corporate tenant, Brand Energy Services, a $7 billion entity, under a NNN lease structure that minimizes landlord responsibilities. Current rent of $86,657.13 per month will escalate to $89,256.84 per month on August 1, 2026, enhancing the investment yield. The lease term runs through July 31, 2027, providing a predictable cash flow during the hold period. Offered at $15,000,000, this property sits in a well-established industrial corridor with proximity to major Southern California freeways, ports, and robust transportation infrastructure.