631 Long Beach Blvd.
$3,800,000
631 Long Beach Blvd., Long Beach, CA 90802
2001
Year Built
Details:
Description:
Long-Term Absolute NNN
• Original 20 year NNN ground lease with fixed increase with three remaining options.
• No landlord obligations to maintain the land or building, offering a ‘hands off’ investment, ideal for passive or out-of-state investors.
Infill Long Beach Location
Dense infill location with a population of over 70,100 and 408,000 1-mile and 5-mile radius respectively. Location in dense retail corridor - nearby tenants include McDonalds, Carl's Jr., Taco Bell, and Denny's. Near major employment centers - approximately 165,000 daytime employees within a 5-mile radius Close proximity to Long Beach International Airport Brand New 2022 Renovation
Brand new 2022 renovation, featuring latest El Pollo Loco prototype Features a dedicated drive-thru, providing additional convenience to customers and boosting sales revenue. Built and renovated by tenant's expenses, demonstrating long-term commitment to the location.
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Location
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