General Retail For Sale • 51,588 SF
| Trader Joe’s Anchored Shopping Center – The Knolls is anchored by Trader Joe’s and complemented by a diverse mix of daily-needs and destination retail |
| Outstanding Income Growth – Due to embedded increases and below market rents re-setting to market |
| Strong Historical Occupancy – Four tenants totaling ±44,850 SF (91% of leased GLA) have occupied the property for 10+ years |
| Stable Cash Flow with Immediate Upside – Currently 95% occupied, with a single 2,693 SF vacancy |
| Prime Long Beach Infill Location – Property is supported by 6.8M SF of office space, 9.1M SF of retail, & 18,000 multifamily units within three miles |
| High-Traffic, Easily Accessible Location – The Knolls is situated on Long Beach Blvd (±21,000 CPD), E San Antonio Dr (±8,000 CPD) |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Long Beach (Daugherty Field) | 7 min | - | 2.9 mi |
| Los Angeles International | 28 min | - | 19.6 mi |
| John Wayne/Orange County | 31 min | - | 23.7 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Type: | Surface |
| Included in Rent: | Yes |