5361 Atlantic Ave - Fast Food FOR SALE


Long Beach, CA 90805
$8,214,000 USD
310-796-6229
5361 Atlantic Ave, Long Beach, CA for Sale
$8,214,000 USD
Fast Food - FOR SALE
1/4
null | 4.2% Cap Rate

5361 Atlantic Ave
Long Beach, CA 90805


HIGHLIGHTS

  • New 15 Year Corporate Starbucks Lease
  • Absolute NNN - Zero Landlord Responsibilities
  • Newly Renovated Drive Thru (2024)
  • High Barriers to Entry with Strict City Drive Thru Restrictions
  • 34,000 Vehicles Per Day
  • Spacious 3,600 SF Cafe and Large .72 Acre Lot

OVERVIEW

The offering represents a rare 15 year absolute net lease Starbucks investment opportunity in a core Los Angeles County market (Long Beach, CA). The ±31,327 SF (0.72 Acre) site situated just south of the signalized intersection of Atlantic Ave & Market St (± 34,000 VPD).

FOR SALE DETAILS

PRICE

$8,214,000 USD

PRICE/SF

$2,282 USD /SF

CAP RATE

4.2%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks 15 Year Absolute NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

CCA, Long Beach

APN/PARCEL ID

7130-002-034

ASK ABOUT THIS PROPERTY

Simon MattoxKidder MathewsMore Info
310-796-6229

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Simon MattoxKidder MathewsMore Info
310-796-6229

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