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Off Market
1/3

899 E Spring St
Signal Hill, CA 90755


HIGHLIGHTS

  • Strong National tenant / brand recognition
  • Long Term | Absolute NNN Ground Lease - 15 years Remainin
  • Fixed Rental Increases
  • Ease of Management | Absolute NNN Leases
  • Close Proximity and ease of access to major traffic drivers
  • Irreplaceable southern California urban infill location | Strong Demographics

OVERVIEW

Applebee’s is located within the Signal Hill Gateway community center, which is home to an unparalleled tenant roster of top industry anchor and daily-needs tenants including Home Depot, In-N-Out, Petco, Dollar Tree and Ross, driving extremely high crossover foot traffic to the subject property. The property enjoys excellent signage, street frontage along California Avenue and East Spring Street, and multiple monument signs visible from one of the busiest freeways in Southern California, I-405. The Property is also within close proximity to Long Beach Memorial Hospital, which has more than 450 beds. The city of Signal Hill is adjacent to Long Beach, which is the seventh largest city in California. With over 5,000 residential units planned or under construction, Downtown Long Beach has become one of Southern California’s prime real estate markets. It is also a major industrial port, ranked second-busiest in the U.S. and tenth-busiest in the world. Some of Southern California’s best attractions can be found just a few miles from the area, including the Aquarium of the Pacific, the Queen Mary Oceanliner, and Disneyland. Signal Hill Gateway benefits from its position in one of the most affluent and densely populated areas in Southern California.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Applebees's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

5500

STORIES

1

YEAR BUILT

2013

SPRINKLERS

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PARKING SPACES

35

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

7207-024-028