Subway & Molcasalsitas - Long Beach, CA

The subject property is located on Long Beach Boulevard, in Long Beach, California. The property enjoys multiple inlets from Long Beach Boulevard and close proximity to the signalized corner of Long Beach Boulevard and East Gordon Street. The property also benefits from the 91 and 710 Freeways. The 710 Long Beach Freeway intersects Long Beach Boulevard less than a quarter mile from the subject property.

 

The immediate area surrounding the property has explosive demographics, with a population over 650,000 and over 180,000 households within a five-mile radius. The average household income within the same radius is over $58,000. This site also features a drive-thru, making it more convenient for the population to frequent the site.

 

The area surrounding the property is comprised primarily of single family households and industrial development. The single family homes sprawl to the northeast and southeast of the subject property, while the industrial developments can be found to the west. The subject property is well poised as one of the few fast food locations catering to these single family homes and these industrial workers.

Additional Info

  • Address: : 6145 Long Beach Blvd., Long Beach, CA 90805
  • Price: : $500,000
  • Net Rentable Area: : 2,450
  • Lot Size (Acres): : 0.40
  • CAP Rate: : 7.26%
  • Price Per Sqft: : $204.08
  • NOI: : $36,312
  • Status: : SOLD

What Clients Are Saying                                     
 

"I want to thank for your part in helping us achieve our sale leaseback goals for 2009. We are pleased with the balance you helped us achieve between sales price, rent and overall cap rate. I would not hesitate to recommend you and your firm to other potential clients. Feel free to use me as a reference."
Joe Cirelli/The Pep Boys Manny, Moe & Jack

Contact Us

NNN Deal
in association with Marcus & Millichap

16830 Ventura Blvd. Suite 100
Encino, CA 91436

Lior Regenstreif
First Vice President, Investments
Senior Director, National Retail Group
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Rebekah Zweiban Wallack

Senior Research Analyst
Special Projects Coordinator
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Toll Free: 888.NNN.DEAL
Phone: 818.907.9525
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