Shopping Regional
1960 Santa Fe Ave
1960 Santa Fe Ave, Long Beach, CA 90810
Listing Price: $1,675,000
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire 1960 Santa Fe Ave, a retail investment opportunity located in Long Beach, CA 90810.
1960 Santa Fe Ave
Investment Highlights
- Absolute NNN Lease: Zero landlord responsibilities – tenant responsible for taxes, insurance, and all maintenance.
- 5.5 years remaining on the current lease with two 5-year options. Rent increases to $119,520 year 11–15 and $132,660 years 16–20.
- Established, High-Traffic Retail Corridor: Proven sales performance in a dense urban location surrounded by national retailers, schools, and housing.
- Effective January 2026, rent is scheduled to increase to $106,800 annually, enhancing cash flow and investment yield.
- On-Site Parking: Includes 9 dedicated parking spaces for customer convenience.
- High-Traffic Location: Situated on a hard corner with excellent visibility and strong daily car counts along Santa Fe Ave.
- Dense Demographics: Over 300,000 residents within a 5-mile radius, driving consistent foot traffic.
Exclusively Listed By
Listing Price: $1,675,000
Investment Highlights
- Absolute NNN Lease: Zero landlord responsibilities – tenant responsible for taxes, insurance, and all maintenance.
- 5.5 years remaining on the current lease with two 5-year options. Rent increases to $119,520 year 11–15 and $132,660 years 16–20.
- Established, High-Traffic Retail Corridor: Proven sales performance in a dense urban location surrounded by national retailers, schools, and housing.
- Effective January 2026, rent is scheduled to increase to $106,800 annually, enhancing cash flow and investment yield.
- On-Site Parking: Includes 9 dedicated parking spaces for customer convenience.
- High-Traffic Location: Situated on a hard corner with excellent visibility and strong daily car counts along Santa Fe Ave.
- Dense Demographics: Over 300,000 residents within a 5-mile radius, driving consistent foot traffic.
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire 1960 Santa Fe Ave, a retail investment opportunity located in Long Beach, CA 90810.
Exclusively Listed By
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