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5570 E Pacific Coast Hwy, Long Beach, CA, 90804

Denny’s & BJ Clothes

$3,200,000

Key Information

Cap Rate
6.63%
Tot. SF
4,507
Lot Size
0.46 Acres
Units
2
Term Remaining
± 3.8 Years
Type
Shopping Centers
Occupancy
100%
NOI
$212,160

Highlights

• This offering presents the opportunity to acquire two established Long Beach retail properties leased to Denny’s and BJ Clothes, generating $212,160 in combined annual rent.
• Denny’s operates on an NNN lease, while B.J. Clothes is on a modified gross lease with built-in rent increases, giving investors a mix of stable cash flow and future income growth.
• Combined with Denny’s additional five-year option, the offering provides durable in-place income and long-term upside in a strong Southern California market.
• 53,397 Average Weekly Visits
• 90% National Rating
• Absolute NNN Lease — Corporate Guaranty (Denny’s)
• ±3.8 Years Term Remaining
• One, 5-Yr Option Commencing May 1, 2030 (Denny’s)
• $125,051 HH Income Within 3-miles of Subject Property
• 196,493 Residents Within 3-miles of Subject Property

Photos

Location

Agents

Broker of Record

David Harrington

License # 01320460, 02168060 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245