List Search

6082-6090 Atlantic Ave
Long Beach, CA 90805

$1,200,000 USD

Storefront For Sale  •  6,000 SF

Property Details

  • Property Type Storefront
  • Total Building Size 6,000 SF
  • Lot Size 0.21 AC
  • Building Class C
  • Year Built 1935
  • Cap Rate 4.31 %
  • Tenancy Multiple
  • Zoning CNA
45 Transit Score
75 Walk Score

Highlights

The Neema Group of Marcus & Millichap is pleased to present an investment opportunity at 6082 Atlantic Ave in North Long Beach
The property features four retail spaces and is currently fully occupied by a nail salon, hair salon, bakery, and an office tenant
Two tenants have 4 years remaining on their lease term with no options; two tenants have one five-year option at the end of their lease term
The property is being offered at a low $200 PSF at the asking price
Well-kept building totaling 6,000 SF on a 9,341 SF lot; eight parking spaces at the rear of the property
Highly visible location for retail with over 23,000 cars per day on Atlantic Ave; just south of Jordan High School

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $68,614 USD (2024)
Cap Rate: 4.31 %
Total Expenses: $38,522 USD

Public Transportation

AirportDriveWalkDistance
Long Beach (Daugherty Field) 10 min - 4.8 mi
Los Angeles International 26 min - 18.5 mi
John Wayne/Orange County 36 min - 25.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Surface
Included in Rent: Yes
Neema Ahadian 310-909-5444 Marcus & Millichap
Neema Ahadian 310-909-5444 Marcus & Millichap