$3,495,000 USD
714-856-7017
631 Long Beach Blvd
Long Beach, CA 90802
Downtown Long Beach
HIGHLIGHTS
- Long Term NNN corporate lease with El Pollo Loco, Inc.
- High Profile Site in Dense Retail Trade Corridor - Surrounded by other national retail tenant’s near-by
- Possible future high density residential development opportunity - PD-30 zoning
- 2 years remaining on current lease with 3-5 year options
- Blue Metro Line station across the street
- Blocks from city center and beach
FOR SALE DETAILS
PRICE
$3,495,000 USD
PRICE/SF
$1,390 USD /SF
CAP RATE
2.8%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
ON GROUND LEASE
Yes
BUILDING DETAILS
PROPERTY NAME
Pollo Loco NNN
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1969
SPRINKLERS
-
PARKING SPACES
20
LAND DETAILS
LAND ACRES
0.54 AC
LAND SF
23,522 SF
ZONING
LBPD30
APN/PARCEL ID
7273-026-022
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714-856-7017
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714-856-7017
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