3965 Clark Ave - Telecom Hotel/Data Hosting FOR SALE


Long Beach, CA 90808
$2,900,000 USD
310-407-6567
3965 Clark Ave, Long Beach, CA for Sale
$2,900,000 USD
Telecom Hotel/Data Hosting - FOR SALE
1/17
null | Request Cap Rate

3965 Clark Ave
Long Beach, CA 90808


HIGHLIGHTS

  • Two-story office building delivered vacant at close of escrow, owner-user opportunity
  • Located at the northeast corner of Clark Avenue and E Lew Davis Street
  • Directly adjacent to Long Beach City College and Veteran's Stadium
  • Nearby to Long Beach Airport which currently has plans to renovate and expand their main terminal
  • Surrounding area is one of the major commercial office/industrial districts of the city, consisting of office and warehouse complexes that home to maj

OVERVIEW

FOR SALE OWNER USER OFFICE BUILDING - Two-story office building delivered vacant at close of escrow, owner-user opportunity - Located at the northeast corner of Clark Avenue and E Lew Davis Street - No parking on site - Directly adjacent to Long Beach City College and Veteran's Stadium - Nearby to Long Beach Airport which currently has plans to renovate and expand their main terminal - Surrounding area is one of the major commercial office/industrial districts of the city, consisting of office and warehouse complexes that home to major companies such as Boeing, Mercedes Benz and Gulfstream Aerospace. - Zoned I (Institutional Zone) - Sale is subject to parcel being demised from the adjacent Frontier Communications data center building next door - Land SF of 18,750 is an estimate and subject to change pending survey - Building SF of 35,260 is an estimate and subject change pending building measurements and floor plans - At close of escrow, two easements will be created at the property: one along the northern property line for telecommunication lines, and a second for the reciprocal generators located in the southeast corner of the subject property that provide backup power for the adjacent building at 4077 E Lew Davis Street.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$82 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Telecom Hotel/Data Hosting

ADD'L SUBTYPES

Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

I (Institutional)

APN/PARCEL ID

7182-026-803

ASK ABOUT THIS PROPERTY

310-407-6567

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310-407-6567

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