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5030 E 2nd St - Fee Simple Interest (Land/Building) Lot • Terrain commercial • 0,16 Acres • 5 820 290 $ CAD • Long Beach, CA 90803



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FAITS SAILLANTS DE L'INVESTISSEMENT
- Located along iconic 2nd Street, one of Southern California’s most desirable and supply-constrained coastal retail corridors
- 17-year remaining term (through 2042) with three 5-year renewal options.
- Average Base Term Cap Rate of ±4.4% with minimum escalations to 6.19%, 7.17% and 8.32% in respective option periods.
- 100% passive ownership; lessee is responsible for all taxes, insurance, and maintenance.
- 2% annual increases during the base term, then greater of CPI or fixed rent increases at each option period.
- Current rent is significantly below market, offering strong reversionary IRR upside upon lease expiration.
RÉSUMÉ DE L'ANNONCE
This offering represents the fee interest in a trophy mixed-use property along iconic 2nd Street in Belmont Shore, one of Long Beach’s most vibrant and sought-after coastal retail corridors.
The property is secured by an absolute NNN master lease providing passive, predictable income backed by a personal guaranty from a strong operator. The base term runs through 2042, with three (3) five-year options, ensuring long-term stability and significant reversionary upside.
Surrounded by national and regional retailers, boutique shops, and restaurants, the asset benefits from exceptional walkability, year-round pedestrian traffic, and affluent neighborhood demographics.
This is a rare opportunity to acquire a Belmont Shore property for only ±$320 per square foot—well below a recent $1,000+/SF sale of a comparable two-story building on 2nd Street.
Combining irreplaceable location, passive NNN income, and below-market pricing, this asset stands out as one of the most compelling long-term investment opportunities in coastal Southern California.
CLICK FOR LINK TO MARKETING PACKAGE:
https://teamsharpe.com/featured-listings/register-5020-5050-e-2nd-street-long-beach-ca/
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Diversified Subtenant Mix – Includes USPS, Sushi Nikkei, Poke Pola, and professional office tenants—offering built-in occupancy stability.
Attractive Price per Foot – Rare opportunity to acquire a Belmont Shore asset at ±$320/SF—well below a recent $1,000+/SF trade for a similar building on 2nd Street.
The property is secured by an absolute NNN master lease providing passive, predictable income backed by a personal guaranty from a strong operator. The base term runs through 2042, with three (3) five-year options, ensuring long-term stability and significant reversionary upside.
Surrounded by national and regional retailers, boutique shops, and restaurants, the asset benefits from exceptional walkability, year-round pedestrian traffic, and affluent neighborhood demographics.
This is a rare opportunity to acquire a Belmont Shore property for only ±$320 per square foot—well below a recent $1,000+/SF sale of a comparable two-story building on 2nd Street.
Combining irreplaceable location, passive NNN income, and below-market pricing, this asset stands out as one of the most compelling long-term investment opportunities in coastal Southern California.
CLICK FOR LINK TO MARKETING PACKAGE:
https://teamsharpe.com/featured-listings/register-5020-5050-e-2nd-street-long-beach-ca/
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Diversified Subtenant Mix – Includes USPS, Sushi Nikkei, Poke Pola, and professional office tenants—offering built-in occupancy stability.
Attractive Price per Foot – Rare opportunity to acquire a Belmont Shore asset at ±$320/SF—well below a recent $1,000+/SF trade for a similar building on 2nd Street.
FAITS SUR LA PROPRIÉTÉ
| Prix | 5 820 290 $ CAD | Type de propriété | Terrain |
| Type de vente | Investissement | Sous-type de propriété | Terrain commercial |
| Condition de vente | Emphytéote (Frais de cession-bail) | Taille totale du lot | 0,16 AC |
| Nombre de lots | 1 |
| Prix | 5 820 290 $ CAD |
| Type de vente | Investissement |
| Condition de vente | Emphytéote (Frais de cession-bail) |
| Nombre de lots | 1 |
| Type de propriété | Terrain |
| Sous-type de propriété | Terrain commercial |
| Taille totale du lot | 0,16 AC |
1 LOT DISPONIBLE
Lot
| Prix | 5 820 290 $ CAD | Taille du lot | 0,16 AC |
| Prix par AC | 37 267 744,89 $ CAD |
| Prix | 5 820 290 $ CAD |
| Prix par AC | 37 267 744,89 $ CAD |
| Taille du lot | 0,16 AC |
1 1
Walk Score®
Un paradis pour un marcheur (97)
Bike Score®
Très cyclable (75)
Impôts fonciers
| Numéro de lot | 7247-003-005 | Évaluation des bâtiments | 2 534 165 $ CAD |
| Évaluation du terrain | 1 282 258 $ CAD | Évaluation totale | 3 816 424 $ CAD |
Impôts fonciers
Numéro de lot
7247-003-005
Évaluation du terrain
1 282 258 $ CAD
Évaluation des bâtiments
2 534 165 $ CAD
Évaluation totale
3 816 424 $ CAD
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5030 E 2nd St - Fee Simple Interest (Land/Building)
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