Investment Highlights
Freestanding second generation restaurant building with ample parking and exposure.
Hard corner location with excellent accessibility and visibility on 7th street boasting 36,000+ vehicles per day.
Located in Belmont Heights, a short distance to 4th street?s Retro Row, Belmont Shore, Bruin Stadium, Alamitos Bay and California State University.
Significant fascia and large pylon signage available; 3-street frontage.
Strong demographics within the immediate trade area consisting of 257,025 people and an average household income of $93,932 in a 3-mile radius.
Executive Summary
Kidder Mathews is pleased to present this unique restaurant owner-user or investment opportunity in the heart of Long Beach, CA. 3498 E 7th St. in Long Beach is a well-located second-generation restaurant property consisting of a 1,210 SF building on a large 6.067 SF Lot (0.14 Acres).This Former Pizza Hut is well positioned on East 7th Street which is a major thoroughfare that runs through Long Beach connecting Downtown to the 405 and boasts over 36,000 vehicles per day. The building is anchored by a top performing Smart & Final grocery store, located in Belmont Heights, and a short distance to Woodrow Wilson High School, 4th Street?s Retro Row, Belmont Shore, Bruin Stadium, Blair Field, Alamitos Bay, Veterans Affairs Medical Center, and California State University, Long Beach. The site is situated on a hard corner along one of the busiest north-south arterial roads in the city with two entrance points for easy access, ample private parking, and excellent signage. This building comes equipped with a grease trap, restrooms, kitchen hood, sufficient power supply, 3 compartment sink, cleaning station, walk-in cooler, and floor drains. The property is perfect for a variety of different buyers, offering owner users or investors the opportunity to either occupy and/or reposition the existing building.
