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221-229 W Anaheim St

7,070 SF 100% Leased Retail Building Wilmington, CA 90744 For Sale

Investment Highlights

  • Exceptional visibility and high traffic count
  • Tenant's proven success - Speedy cash has been operating since 2013
  • Proximity to Long Beach port and 100 freeway
  • Dense population in a prime business neighbors
  • Upside opportunity

Executive Summary

Prime Investment Opportunity for triple net leased retail
• Exceptional visibility and high traffic count - This prime corner lot, located intersection of W Anaheim St and N Fries Ave, offers great visibility and high traffic count. Retail business owners have found this location attractive due to it prominent exposure and steady stream of potential customers.
• Prime business neighbors – Located across from well-known national chains such as Food for Less, El Super, Chase, Wells Fargo, Yoshinoya, etc., this spot enjoys the added draw of high traffic neighbors.
• Tenant’s Proven Success - One of the current tenants, Speedy Cash has been operating at this location since 2013. Despite undergoing multiple mergers and location consolidation, they have exercised their lease extension twice. Its longevity has proven the location’s attractiveness and robust business potential.
• Upside opportunity – The remaining term on the current leases provides the new owner with a value-added opportunity to adjust the rent to the market rate.
• Proximity to Long Beach Port – Long Beach Port is one of the largest ports in North America. This prime location will continue to benefit from the area’s dense population and economic activity.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,070 SF
Building Class
B
Year Built
1978
NOI
$169,742
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
0.50 AC
Opportunity Zone
Yes
Zoning
C2 - Neighborhood commercial.
Parking
20 Spaces (2.83 Spaces per 1,000 SF Leased)

Amenities

  • Signalized Intersection
  • Air Conditioning
Walk Score ®
Walker's Paradise (91)
Bike Score ®
Very Bikeable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Chase Bank
Yoshinoya
Bank of America
The YMCA
Food 4 Less
Rent-A-Center
Northgate Gonzalez Market

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7416-032-043
Land Assessment
$1,729,053
Improvements Assessment
$1,015,121
Total Assessment
$2,744,174
  • Listing ID: 32002301

  • Date on Market: 6/3/2024

  • Last Updated:

  • Address: 221-229 W Anaheim St, Wilmington, CA 90744

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