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1002-1012 Alamitos Ave
Long Beach, CA 90813 Downtown Long Beach

Price Upon Request

Freestanding For Sale  •  5,300 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 5,300 SF
  • Lot Size 0.27 AC
  • Building Class C
  • Year Built 1958
  • Tenancy Multiple
  • Zoning C
63 Transit Score
93 Walk Score

Highlights

Infill Long Beach strip center at a signalized hard corner with 27,000 VPD and strong street-front visibility.
Ideal entry-point for private investors with attractive pricing and manageable building size.
6.88% CAP rate with upside to 7.02% by 2027, backed by steady in-place cash flow.
NNN leases with 4-year WALT and 3% annual bumps on most leases provide built-in rent growth.
Daily needs tenant mix with strong occupancy, healthy rent levels, and efficient CAM recovery.
416K+ residents within 5 miles; $107K avg. income and $239K+ annual retail spend per household.

Public Transportation

AirportDriveWalkDistance
Long Beach (Daugherty Field) 9 min - 3.8 mi
John Wayne/Orange County 31 min - 20.8 mi
Los Angeles International 32 min - 21.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 11
Type: Surface
Included in Rent: Yes