Long-Term Absolute NNN • Original 20 year NNN ground lease with fixed increase with three remaining options. • No landlord obligations to maintain the land or building, offering a ‘hands off’ investment, ideal for passive or out-of-state investors. Infill Long Beach Location Dense infill location with a population of over 70,100 and 408,000 1-mile and 5-mile radius respectively. Location in dense retail corridor - nearby tenants include McDonalds, Carl's Jr., Taco Bell, and Denny's. Near major employment centers - approximately 165,000 daytime employees within a 5-mile radius Close proximity to Long Beach International Airport Brand New 2022 Renovation Brand new 2022 renovation, featuring latest El Pollo Loco prototype Features a dedicated drive-thru, providing additional convenience to customers and boosting sales revenue. Built and renovated by tenant's expenses, demonstrating long-term commitment to the location.
| Property Type | Retail |
|---|---|
| Year Built | 2001 |
| Listing ID | MM8NZE |
| Style | Other Style |