1330 E South St

1330 E South St , Long Beach, California, 90805 | 3,276 sq.f | $ 1,250,000

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About This Restaurant

Investment Highlights

Executive Summary

***PRICE REDUCED***Northcap Commercial is pleased to offer the following investment opportunity.Discover an unparalleled investment opportunity with this fantastic neighborhood commercial strip center now available for sale! Situated in a thriving and high-demand area, this property offers an array of essential tenants, ensuring a steady stream of rental income. The strip center has excellent visibility from the main road, making it a prime destination for shoppers and business patrons. With diverse tenants ranging from popular retail stores to essential service providers, this investment promises stability and growth potential in an economically robust community.The location of this commercial strip center is second to none, positioned in a rapidly growing neighborhood with significant foot traffic and convenient access to major highways. This area is known for its vibrant commercial activity and strong local economy, which continues to attract new businesses and consumers. Investing in this property means securing a foothold in a market with high demand and limited supply, ensuring long-term value appreciation. Whether you're an experienced investor looking to expand your portfolio or a newcomer seeking a lucrative venture, this commercial strip center represents a rare and rewarding opportunity. Don't miss your chance to own a cornerstone of commercial real estate in such a prime location!Disclaimer: Although Our Information Is Deemed Reliable, It Is Not Guaranteed. Buyer To Verify All Information

Property Details

  • Sale Type    Investment
  • Property Type    Retail
  • Property Subtype    Storefront Storefront General Retail Convenience Store General Retail Restaurant General Retail Storefront Retail/Office Storefront
  • Building Size    3,276
  • Building Class    C
  • Year Built    1987
  • Price    1,250,000
  • Price Per SF    382
  • Cap Rate    4.73
  • NOI    59,144
  • Percent Leased    100
  • Tenancy    Multiple
  • Building Height    1 Story
  • Building FAR    0.38
  • Land Acres    0.20 AC

Amenities

  • 24 Hour Access
  • Bus Line

Property Taxes

Parcel Number 7128-007-004 Improvements Assessment $459,724
Land Assessment $696,160 Total Assessment $1,155,884
Date Created: 2024-07-16 04:09:25 Last Updated: 2024-07-16 04:09:25
Address: 1330 E South St , Long Beach, California, 90805