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5225-5227 E. 2nd St. 2 biens • Commerce de détail • À vendre 7 528 354 $ CAD • Long Beach, CA
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FAITS SAILLANTS DE L'INVESTISSEMENT
- Pride of Ownership Asset – Few retail investment properties come to market in coastal LA County
- Strong Tenancy, Historical Occupancy – Catalyst has successfully occupied the property since 2016
- Seller Financing Potential – Seller financing may be available depending on deal terms and buyer profile
- Optimal Belmont Shore Location – 2nd Street is THE primary retail, shopping, entertainment, and dining destination in the trade area
- Early, Long-Term Lease Extensions – Catalyst Cannabis renewed its NNN leases early extending its term 10 years
- Affluent Coastal Demographics – More than 23,500 people in a 1-mile radius, with an Average Household Income exceeding $160,300
RÉSUMÉ DE L'ANNONCE
* Pride of Ownership Asset – Few retail investment properties come to market in coastal LA County, let alone in the highly-coveted, affluent, coastal community of Belmont Shore
* Optimal Belmont Shore Location – 2nd Street is THE primary retail, shopping, entertainment, and dining destination in the trade area – the property is in the heart of Belmont Shore at the signalized intersection of 2nd Street and Corona Avenue
* Strong Tenancy, Historical Occupancy – Catalyst has successfully occupied the property since 2016 and Clear Channel Outdoor, Inc. is the current tenant of the rooftop billboard which has been in-place and generating income since 1999
* Early, Long-Term Lease Extensions – Catalyst Cannabis renewed its NNN leases early extending its term 10 years alongside its corporate and personal guarantees, proving the tenant’s success and long-term commitment to this location
* Irreplaceable Real Estate – Belmont Shore is a fully built-out and mature coastal submarket with no new development opportunities on 2nd Street – with a rare corner location and an income generating rooftop billboard at low rent, the property is virtually irreplaceable
Affluent Coastal Demographics – More than 23,500 people in a 1-mile radius, with an Average Household Income exceeding $160,300
Seller Financing Potential – Seller financing may be available depending on deal terms and buyer profile
* Optimal Belmont Shore Location – 2nd Street is THE primary retail, shopping, entertainment, and dining destination in the trade area – the property is in the heart of Belmont Shore at the signalized intersection of 2nd Street and Corona Avenue
* Strong Tenancy, Historical Occupancy – Catalyst has successfully occupied the property since 2016 and Clear Channel Outdoor, Inc. is the current tenant of the rooftop billboard which has been in-place and generating income since 1999
* Early, Long-Term Lease Extensions – Catalyst Cannabis renewed its NNN leases early extending its term 10 years alongside its corporate and personal guarantees, proving the tenant’s success and long-term commitment to this location
* Irreplaceable Real Estate – Belmont Shore is a fully built-out and mature coastal submarket with no new development opportunities on 2nd Street – with a rare corner location and an income generating rooftop billboard at low rent, the property is virtually irreplaceable
Affluent Coastal Demographics – More than 23,500 people in a 1-mile radius, with an Average Household Income exceeding $160,300
Seller Financing Potential – Seller financing may be available depending on deal terms and buyer profile
FAITS SUR LA PROPRIÉTÉ
| Prix | 7 528 354 $ CAD | Nombre de propriétés | 2 |
| Prix/pi² | 1 743 $ CAD / pi² | Individuellement en vente | 0 |
| Taux de capitalisation | 7,50% | Taille totale du bâtiment | 4 320 pi² |
| Type de vente | Investissement | Superficie totale du terrain | 0,20 AC |
| Statut | Actif |
| Prix | 7 528 354 $ CAD |
| Prix/pi² | 1 743 $ CAD / pi² |
| Taux de capitalisation | 7,50% |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 2 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 4 320 pi² |
| Superficie totale du terrain | 0,20 AC |
PROPRIÉTÉS
| NOM DE LA PROPRIÉTÉ/ADRESSE | TYPE DE PROPRIÉTÉ | TAILLE | ANNÉE DE CONSTRUCTION | PRIX INDIVIDUEL |
|---|---|---|---|---|
| 5227 E 2nd St, Long Beach, CA 90803 | Commerce de détail | 2 160 pi² | 1948 | - |
| 5225 E 2nd St, Long Beach, CA 90803 | Commerce de détail | 2 160 pi² | 1948 | - |
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5225-5227 E. 2nd St.
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