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5570 E Pacific Coast Hwy
Long Beach, CA 90804 Belmont Heights

$3,200,000 USD

General Retail For Sale  •  4,507 SF

Property Details

  • Property Type General Retail
  • Total Building Size 4,507 SF
  • Lot Size 0.46 AC
  • Building Class C
  • Year Built 1961
  • Cap Rate 6.63 %
  • Tenancy Multiple
  • Zoning LBCCA
50 Transit Score
50 Walk Score

Highlights

Two retail properties generating $212,160 in combined annual rent
Denny's on Absolute NNN lease with corporate guaranty
BJ Clothes on modified gross lease with built-in rent increases
Denny's five-year option commencing May 1, 2030
53,397 average weekly visits; 90% national rating per AlphaMap
196,493 residents and $2.85B consumer spending within 3 miles
Cap Rate: 6.63 %

Major Tenants

Tenant SF Occupied Lease End Date
Denny's

Public Transportation

AirportDriveWalkDistance
Long Beach (Daugherty Field) 10 min - 5.4 mi
John Wayne/Orange County 23 min - 17.3 mi
Los Angeles International 33 min - 24.2 mi
Ryan Samani 310-765-0660 Matthews Real Estate Investment Services
Ryan Samani 310-765-0660 Matthews Real Estate Investment Services