6082 Atlantic Avenue, Long Beach, California 90805
- $949,800
- $958,000
- $949,800
- $958,000
Overview
- Retail, Commercial Sale
- 6000 Sqft
- 1935
Description
Rare five-unit retail building with NNN long terms leases under one million dollars. One tenant occupies two units, hence this center is 100% occupied by four tenants. Two tenants have 3% annual rent increases, one tenant has a flat 3-year lease, and one tenant has 5% annual increases. The 6.10% Cap Rate is based on ACTUAL numbers. The City of Long Beach has a beautification initiative underway for this area. This is a great opportunity to buy BEFORE the City’s redevelopment is complete which will most likely increase property values. In addition, UPTOWN Business District Tenant plan to implement a $10, 000 updated facade to the front exterior. Building size is 6, 000 square feet on 9, 340 square feet of land with eight parking spaces behind the building. There is also plenty of street parking in front of the building and on the side of the building, as the property sits on a corner which provides ample street parking. REQUEST OFFERING MEMORANDUM FROM BROKER.
Address
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Address: 6082 Atlantic Avenue
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City: Long Beach
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State/county: CA
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Zip/Postal Code: 90805
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Country: US
Details
Updated on December 3, 2025 at 9:55 pm-
Property ID OC16114609
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Price $949,800
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Property Size 6000 Sqft
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Land Area 0.214 Acres
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Year Built 1935
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Property Type Retail, Commercial Sale
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Property Status Closed
Additional details
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Listing Terms Cash, Cash to New Loan, Submit
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County Los Angeles
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Property Type Commercial Sale
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