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2191 N Lakewood Blvd Long Beach, CA 90815

$6,000,000

Description

Lyon | Stahl is proud to present 2191 N Lakewood Blvd, a large retail space situated in the heart of Long Beach!

This building is located at the signalized intersection of N Lakewood Blvd and E Stearns St on a 37,900 sq ft lot, with 39 free surface parking spaces. The property has fantastic in-place income from its two tenants, and currently has a 10-year NNN lease with the Fortune 500 company Dollar Tree. The other tenant, JAD Enterprises, is on a modified gross lease and pays 100% of its utilities. In total, these retail spaces generate annual gross rents of $458,320. At a 7% CAP rate, this is an incredible investment opportunity for anyone looking to maximize cash flow and acquire property in the beautiful city of Long Beach!

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Address

  • Address: 2191 N Lakewood Blvd
  • City: Long Beach
  • State/county: CA
  • Zip/Postal Code: 90815
  • Country: United States

Detail

Updated on October 11, 2018 at 10:10 pm

  • Price: $6,000,000
  • Property Size: 17,810 Sq ft
  • Land Area: 37,900 Sq ft
  • Year Built: 1944
  • Property Type: NNN Retail Closings
  • Property Status: Buy Page, Active

Contact info

Woody Stahl
Woody Stahl
(310) 880-0926(310) 880-0926
Linkedin
Brett Lyon
Brett Lyon
(310) 880-5328(310) 880-5328
Linkedin

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