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899 E Spring St
Signal Hill, CA 90755

$3,227,000 USD

Restaurant For Sale  •  5,500 SF

Property Details

• Property Type Restaurant
• Total Building Size 5,500 SF
• Lot Size 0.74 AC
• Building Class B
• Year Built 2013
• Tenancy Single
• Zoning CG

0 Transit Score

57 Walk Score

Highlights

Strong National Tenant / Brand Recognition / Ranked #1 Applebee's in State of California & #6 in the US (placer)

Irreplaceable Southern California Urban Infill Location | High Barrier to Entry Market

Long Term | Absolute Net Ground Lease | 9 Years Remaining | 10% Rental Escalations Every 5-Years in Base Term & Options

OutParcel to Power Center | Applebee's Fronts Home Depot, Ross, Petco & Dollar Tree; Other Co-Tenants Include: In-n-Out, Starbucks, And More

Close Proximity to Long Beach International Airport (Under 1 Mile Away)

Ease of Access to Major Traffic Drivers - Adjacent to Busiest Freeway in California I-405 (320,000 CPD+) | Attractive Freeway Signage

Public Transportation

Transit/Subway	Drive	Walk	Distance
Willow Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	17 min	0.9 mi
Airport	Drive	Walk	Distance
Long Beach (Daugherty Field)	4 min	-	1.9 mi
Los Angeles International	27 min	-	19.5 mi
John Wayne/Orange County	28 min	-	21.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	35
Type:	Surface
Included in Rent:	Yes