2201 N Lakewood Blvd | Long Beach, CA 90815
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2201 N Lakewood Blvd
Long Beach, CA 90815
Lakewood Landing · Retail Property For Sale
Investment Highlights
- Strong Anchor
- Diverse tenant mix
- High traffic neighborhood center
- View interactive brochure for more information
Executive Summary
IN Real Estate is pleased to offer for sale, Lakewood Landing, a unique SoCal 5-unit strip center with strong tenant mix at 100% occupancy, making it a strong addition to any portfolio. Lakewood Landing totals approximately SF in size, and features an anchor community coffee house tenant, additional dining, fitness, and retail tenancy adjacent to the Pacific Coast Highway
traffic circle, the link between Long Beach, Seal Beach, and Lakewood. A fixture in the local community, Lakewood Landing delivers a place for community connection and daily engagement unrivaled by neighboring properties, anchored by boutique, highly trafficked, and potentially franchise-able concept, Steel Cup Cafe, featuring a mix of national brands, such as The UPS Store, and local, owner operated, concepts. Location, unique tenant mix, 100% occupancy, and expected rate increases to market, upon lease maturity, would strengthen any portfolio on day 1.
traffic circle, the link between Long Beach, Seal Beach, and Lakewood. A fixture in the local community, Lakewood Landing delivers a place for community connection and daily engagement unrivaled by neighboring properties, anchored by boutique, highly trafficked, and potentially franchise-able concept, Steel Cup Cafe, featuring a mix of national brands, such as The UPS Store, and local, owner operated, concepts. Location, unique tenant mix, 100% occupancy, and expected rate increases to market, upon lease maturity, would strengthen any portfolio on day 1.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,070 SF
Building Class
B
Year Built
2004
Price
$3,500,000
Price Per SF
$577
Cap Rate
4.01%
NOI
$140,332
Percent Leased
75%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.45
Lot Size
0.31 AC
Zoning
LBCR
Parking
20 Spaces (3.29 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 7218-017-037 | Improvements Assessment | $1,393,861 |
| Land Assessment | $1,393,861 | Total Assessment | $2,787,722 |
PROPERTY TAXES
Parcel Number
7218-017-037
Land Assessment
$1,393,861
Improvements Assessment
$1,393,861
Total Assessment
$2,787,722
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