3000 E Pacific Coast Hwy - Freestanding FOR SALE


Long Beach, CA 90804- Eastside Long Beach
$1,800,000 USD
949-412-1616
3000 E Pacific Coast Hwy, Long Beach, CA for Sale
$1,800,000 USD
Freestanding - FOR SALE
1/4
null | 6.93% Cap Rate

3000 E Pacific Coast Hwy
Long Beach, CA 90804
Eastside Long Beach


HIGHLIGHTS

  • 2 NNN Tenants: Three J’s Auto Sales and Ascension Car Rentals.
  • Pacific Coast Hwy (PCH) - Signalized Hard Corner Intersection
  • Irreplaceable Urban Infill Location – Strong Demographics / Over 486,000 People Within Trade Area
  • Zoning Flexibility: Allows a wide variety of uses, including EV charging stations, auto sales, cannabis dispensaries, ATM and more
  • Major North & South Arterial – Pacific Coast Hwy | Nearby Freeways (405, 710, 605, 22)
  • Close Proximity to Long Beach International Airport, the Port of Long Beach, Downtown Long Beach, and Auto Dealerships (Porsche & Audi)

OVERVIEW

Faris Lee Investments presents a prime commercial property opportunity located at 3000 E Pacific Coast Hwy in Long Beach, CA. Situated at a signalized hard corner along the bustling Pacific Coast Hwy, this property enjoys high visibility with over 55,000 vehicles passing by daily, creating its significant intrinsic real estate value. The two current tenants are Three J's Auto Sales and Ascension Car Rentals. Highlighted by its urban infill location, the property benefits from a robust demographic profile, including over 486,000 residents, 181,000 households, and 197,000 employees within a 5-mile radius, boasting an average household income exceeding $103,000. With flexible zoning that allows a wide variety of uses such as cannabis dispensaries, day care facilities, fitness centers, medical offices, and more, investors have the opportunity to capitalize on a diverse revenue stream. The property’s prime location offers exceptional transportation accessibility, with mass transit along Pacific Coast Hwy and Long Beach International Airport just 10 minutes away. Additionally, easy access to nearby freeways (405, 710, 605, and 22) and Downtown Long Beach, which attracted over 25 million visitors in 2023, underscores the area’s economic vibrancy. Furthermore, the property benefits from proximity to three major airports within a 20-mile radius (LAX, LGB, SNA), along with convenient transportation options like the 405 freeway, 710 freeway, Metro A Line stops, and Long Beach Transit buses, enhancing connectivity for residents and visitors alike. With its unparalleled location, strong demographic profile, exceptional transportation accessibility, and thriving economic environment, this investment opportunity presents a rare chance to acquire a highly desirable property with diverse potential uses in a prime coastal California location.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$3,273 USD /SF

CAP RATE

6.93%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

PCH Signalized Hard Corner- 2 Tenant NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

LBCH

APN/PARCEL ID

7259-032-022

ASK ABOUT THIS PROPERTY

Jeff ConoverFaris Lee InvestmentsMore Info
949-412-1616

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Jeff ConoverFaris Lee InvestmentsMore Info
949-412-1616

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