Grocery Anchored Investment Opportunity

Highlights:

• $344 Per Square Foot
• Established Grocery Anchor with Strong Sales
• Below Market Rents
• 34,899 SF Neighborhood Shopping Center in Prime Long Beach
• Smart & Final Anchor Bolstered by Subway and a Mix of Service and Restaurant Tenants
• Shadow-Anchored by Petco Unleashed
• Great Visibility Location Along Redondo Avenue, a Primary North-South Thoroughfare
• Serves Densely Populated Surrounding Residential Community
• Grocery Anchor Coupled with Necessity-Based Tenant Mix Proven to Generate Consistent Consumer Visits
• Convenient Access with Ample On-Site Parking
• Strong Local Demographics with Long-Term Upside

Description:

Net Lease Investment Opportunity in Prime Long Beach. Situated on a multi-acre lot, this 34,899 SF neighborhood center is anchored by Smart & Final, joined by Subway and a mix of service and restaurant tenants, adjacent to Unleashed by Petco. The high-visibility property resides along Redondo Avenue, an active north-south thoroughfare, serving the surrounding densely populated residential neighborhoods of southeast Long Beach.

The high-volume sales grocery anchor attracts consistent daily consumer traffic, further complemented by a necessity-based tenant mix proven to generate repeat visits. Easily accessible with ample parking in the sprawling on-site lot, the property is a convenient retail destination, popular among area residents.

An outstanding opportunity for commercial property investors looking to add a stable, needs-based asset in an established trade area with a nationally recognized anchor, strong local demographics, and long-term upside to their CRE portfolio.

Grocery anchored shopping center at Redondo Avenue + 6th Street, just south of a major signalized intersection at 7th Street + Redondo in prime Long Beach. Redondo Avenue runs through one of the densely populated regions of greater Long Beach, offering access to an active customer base drawn from established neighborhoods and multifamily communities surrounding the property. The location is conveniently accessible from Pacific Coast Highway and major thoroughfares connecting the broader South Bay and Gateway Cities. Nearby schools, parks, and employment centers typifies financially solid demographics offering a reliable source for ongoing retail patronage.

---

Report Listing This listing was syndicated through:

1 Space Available