2211 N Bellflower Blvd - Freestanding FOR SALE


Long Beach, CA 90815
$6,357,000 USD
310-922-6709
2211 N Bellflower Blvd, Long Beach, CA for Sale
$6,357,000 USD
Freestanding - FOR SALE
1/9
null | 5.75% Cap Rate

2211 N Bellflower Blvd
Long Beach, CA 90815


HIGHLIGHTS

  • Brand New 10.5 Year Lease | Options To Extend | Annual Increases |Southern California Asset | High Barriers To Entry
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Dense Retail Corridor | Near I-405 (300,000 VPD) | National Tenants Across From Los Altos Shopping Center (6.1M+ Visits)
  • Proximity To Downtown Long Beach | Long Beach Airport |California State Long Beach (39,000 Students)
  • Strong Demographics In 5-Mile Trade Area | Los Angeles MSA

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, freestanding, Stitches Veterinary Surgery Corp investment property located in Long Beach, California. The tenant recently signed a brand new 10.5 year lease with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features 3% annual rental increases throughout the initial term and each option period, growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$6,357,000 USD

PRICE/SF

$722 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Stitches Vet Surgery | New 10.5yr Abs NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

39

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,192 SF

ZONING

CCA

APN/PARCEL ID

7223-029-034

ASK ABOUT THIS PROPERTY

Christopher TramontanoSRS National Net LeaseMore Info
310-922-6709

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Christopher TramontanoSRS National Net LeaseMore Info
310-922-6709

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