Share This Listing

Message

962 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

110 E Anaheim St 4,467 SF 100% Leased Retail Building Long Beach, CA 90813 $3,043,458 CAD ($681.32 CAD/SF) 6.11% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Cap Rate 6.11%
  • Just 2 tenant, easy to manage
  • NNN Lease with 3% annual increase

EXECUTIVE SUMMARY

Retail Investment Opportunity – "Anaheim Pine Plaza" in Long Beach City. Located at the high-traffic intersection of Anaheim Street and Pine Avenue, adjacent to Pacific Avenue, this attractive commercial retail building sits in the well-established Anaheim Pine Plaza shopping center. Property Highlights: Building Size 4,467 SF. and Lot Size 13,853 SF. This building was rebuilt in 2008 and it is in good and modern condition. It has more than 20 on-site spaces - ample for customers and staffs. Zoning is Commercial Retail. One tenant is LPB Convenience Store – Long-term, stable tenant. Using 2,820 sf, rent is $8,556.37. The other is Veronica’s Insurance – Well-known brand throughout Southern California. Using 1620 sf, rent is $5,723.33. Total monthly income is $14,297. Yearly gross income is $171,356 and net income is $134,496. This good income makes Cap Rate of 6.11%. Both tenants under Rent + NNN leases. 3% Annual Rent Increases. Separate electrical meters, HVAC units, and utilities for each tenant. This is a rare opportunity to acquire a low-maintenance, income-producing asset with strong, long-term tenants in place. Ideal for investors seeking a stable return with built-in rental growth in a high-visibility, high-traffic location. (See attached Listing Supplements for Property information, Rent roll, and Profit/ Expense detail)

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
4,467 SF
Building Class
B
Year Built
2007
Price
$3,043,458 CAD
Price Per SF
$681.32 CAD
Cap Rate
6.11%
NOI
$186,060 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
0.32 AC
Zoning
PD29
Parking
20 Spaces (4.55 Spaces per 1,000 SF Leased)
Frontage
99’ on Anaheim St

AMENITIES

  • Corner Lot
  • Signalized Intersection
  • Air Conditioning

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • L.P.B Convenient Store
  • Retailer
  • 2,820 SF
  • $50.36 CAD
  • Triple Net
  • Feb 2027
  • Veronica's Insurance
  • Finance and Insurance
  • 1,620 SF
  • $58.64 CAD
  • Triple Net
  • Nov 2025
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
L.P.B Convenient Store Retailer 2,820 SF $50.36 CAD Triple Net Feb 2027
Veronica's Insurance Finance and Insurance 1,620 SF $58.64 CAD Triple Net Nov 2025
Walk Score®
Walker's Paradise (91)
Transit Score®
Excellent Transit (71)
Bike Score®
Very Bikeable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Superior Grocers
Smart & Final Extra!
Chase Bank
Denny's
Starbucks
Mendocino Farms
King Taco Restaurant
YMCA
Dog Haus
Vons

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7273-004-042
Land Assessment
$1,556,550 CAD
Improvements Assessment
$1,342,125 CAD
Total Assessment
$2,898,675 CAD
  • Listing ID: 37383936

  • Date on Market: 2025-08-22

  • Last Updated:

  • Address: 110 E Anaheim St, Long Beach, CA 90813

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}