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THE CORNER OF 2ND & GRANADA 5030 E 2nd St Local commercial 1 230 m² 100 % Loué À vendre Long Beach, CA 90803 3 620 873 € (2 942,82 €/m²) Taux de capitalisation 3,67 %



Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR 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 ANALYTIQUE
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.
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This offering represents the fee simple 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.
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.
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This offering represents the fee simple 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.
INFORMATIONS SUR L’IMMEUBLE
Type de vente
Investissement triple net
Type de bien
Local commercial
Sous-type de bien
Bien à usage mixte
Surface de l’immeuble
1 230 m²
Classe d’immeuble
C
Année de construction
1978
Prix
3 620 873 €
Prix par m²
2 942,82 €
Taux de capitalisation
3,67 %
RNE
132 958 €
Pourcentage loué
100 %
Occupation
Multi
Hauteur du bâtiment
2 étages
Coefficient d’occupation des sols de l’immeuble
1,95
Surface du lot
0,06 ha
Zonage
CL
Façade
21 m sur 2Nd St
1 1
Walk Score®
Idéal pour les promeneurs (97)
Bike Score®
Très praticable en vélo (75)
PRINCIPAUX COMMERCES À PROXIMITÉ
TAXES FONCIÈRES
| Numéro de parcelle | 7247-003-005 | Évaluation des aménagements | 1 565 674 € |
| Évaluation du terrain | 792 213 € | Évaluation totale | 2 357 887 € |
TAXES FONCIÈRES
Numéro de parcelle
7247-003-005
Évaluation du terrain
792 213 €
Évaluation des aménagements
1 565 674 €
Évaluation totale
2 357 887 €
1 sur 8
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Présenté par
THE CORNER OF 2ND & GRANADA | 5030 E 2nd St
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