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236-242 Pine Ave
12,000 SF of Retail Space Available in Long Beach, CA 90802
Highlights
- Steps to Pine Ave Restaurants and Retail Amenities
- Located in the heart of Downtown Long Beach
- Great Signage Opportunities
- Open floor plan with exposed bow-truss ceilings
- City owned Parking Structures located nearby
- High Traffic Corridor and High Foot Traffic
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 12,000 SF | 18’ - 20’ | Negotiable | $21.00 /SF/YR $1.75 /SF/MO $252,000 /YR $21,000 /MO | Triple Net (NNN) |
1st Floor
240 Pine Avenue is a commercially zoned retail property that is approximately ± 12,000 SF. This property is in the heart of Downtown Long Beach located on the high traffic corridor of Pine Avenue in between 3rd and 4th Street and located within proximity to two large City owned parking lots located on Broadway and on 3rd. The City owned parking lots provide 2- hour free parking to all customers and/or low priced monthly parking passes.The space has an open floor plan with high ceilings, restrooms located in the rear, large open area that can be used for storage, and built out office available in the 2nd floor mezzanine. The immediate area surrounding the property is retail, office, residential, and service type businesses. The adjacent retail spaces to the north of this property will soon be converted into restaurants and directly to the south of this property there is a brand new brewery called the Altar Society.
- Lease rate does not include utilities, property expenses or building services
- Finished Ceilings: 18’ - 20’
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 236-242 Pine Ave , Long Beach, CA 90802
| Property Type | Retail | Gross Leasable Area | 24,925 SF |
| Property Subtype | Storefront Retail/Office | Year Built/Renovated | 1930/1945 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 24,925 SF |
| Year Built/Renovated | 1930/1945 |
About the Property
240 Pine Avenue is a commercially zoned retail property that is approximately ± 12,000 SF. This property is in the heart of Downtown Long Beach located on the high traffic corridor of Pine Avenue in between 3rd and 4th Street and located within proximity to two large City owned parking lots located on Broadway and on 3rd. The City owned parking lots provide 2- hour free parking to all customers and/or low priced monthly parking passes. The space has an open floor plan with high ceilings, restrooms located in the rear, large open area that can be used for storage, and built out office available in the 2nd floor mezzanine. The immediate area surrounding the property is retail, office, residential, and service type businesses. The adjacent retail spaces to the north of this property will soon be converted into restaurants and directly to the south of this property there is a brand new brewery called the Altar Society.
- 24 Hour Access
- Mezzanine
- Skylights
Nearby Major Retailers
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236-242 Pine Ave
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