Value-Add 7-Eleven Strip Center - $206/SF
$5,175,000
1002-1030 E Pacific Coast Highway, Long Beach, CA 90813
6.05
Cap Rate
313,342
NOI
Details:
Description:
• Signalized Hard Corner Property enjoys 260 feet of block to block frontage on busy intersection Pacific Coast Highway & Martin Luther King Jr Ave.
• Corporate 7-Eleven Anchored Strip Center with Upside- Rare opportunity to purchase a strip center containing a corporate tenant at only $20 /sq. ft.
• Excellent Traffic Count The combination of Pacific Coast Highway & Martin Luther King Jr. Ave boasts close to 60K VPD (vehicles per day)
• Dense LA Urban Market Located in a dense Los Angeles County city, containing 286,401 people in a 3 mile radius and over 490,515 people in a 5 mile radius.
• Exceptional Retail Trade Area Asset is conveniently located less than 2 miles from the 710 freeway and the street serves as a prime retail arterial for traffic going to and from the freeway. Polytechnic High School & Long Beach City College Pacific Coast Campus are also walking distance from the subject property
Documents:
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Retail-_Long_Beach__CA_-_1002_E_Pacific_Coast_Highway_OM_1.6.pdf
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Location
Gallery
