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1960 Santa Fe Ave 3,188 SF Retail Building Long Beach, CA 90810 $2,039,539 CAD ($639.75 CAD/SF) 7.14% Cap Rate
Investment Highlights
- Absolute NNN Lease: Zero landlord responsibilities – tenant responsible for taxes, insurance, and all maintenance.
- Effective January 2026, rent has been increased to $106,800 annually, enhancing cash flow and investment yield.
- Long-Term Income: Secure cash flow with 6 years remaining on base term and options for extension.
Executive Summary
The property occupies a prominent signalized hard corner with excellent visibility and strong traffic exposure along Santa Fe Avenue. Located in a dense urban corridor, the site benefits from a proven operating history and is surrounded by national and regional tenants, residential housing, and local schools. With over 300,000 residents within a five-mile radius, the area drives steady foot traffic and supports long-term retail performance.
This offering provides stable, long-term income with 5.5 years remaining on the base lease term and two five-year renewal options. Effective January 2026, the annual rent will increase to $106,800, further enhancing cash flow and yield. Combining passive income, strong demographics, and a prime Long Beach location, this investment offers secure returns and long-term upside in one of Southern California’s most supply-constrained markets.
Property Facts
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
7-Eleven began in 1927 and grew from an early convenience concept into a global convenience retailer. The company operates, franchises, and licenses a broad store network in the United States and Canada, and its brand family includes Speedway, Stripes, Laredo Taco Company, and Raise the Roost Chicken and Biscuits. 7-Eleven also offers proprietary services and products such as 7NOW, 7Rewards, Speedy Rewards, and 7-Eleven Fleet, reflecting a business that spans retail, foodservice, fuel, and digital convenience. The company presents itself as the world’s first convenience retailer and continues to focus on serving customer needs across its store and brand portfolio.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,123,619 CAD | |
| Land Assessment | $1,850,228 CAD | Total Assessment | $2,973,846 CAD |
Property Taxes
Presented by
1960 Santa Fe Ave
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