Grocery Anchored Investment Opportunity

Investment Overview

Net Lease Investment Opportunity in Prime Long Beach. Situated on a multi-acre lot, this 34,899 SF neighborhood center is anchored by Smart & Final, joined by Subway and a mix of service and restaurant tenants, adjacent to Unleashed by Petco. The high-visibility property resides along Redondo Avenue, an active north-south thoroughfare, serving the surrounding densely populated residential neighborhoods of southeast Long Beach. The high-volume sales grocery anchor attracts consistent daily consumer traffic, further complemented by a necessity-based tenant mix proven to generate repeat visits. Easily accessible with ample parking in the sprawling on-site lot, the property is a convenient retail destination, popular among area residents. An outstanding opportunity for commercial property investors looking to add a stable, needs-based asset in an established trade area with a nationally recognized anchor, strong local demographics, and long-term upside to their CRE portfolio.

Investment Highlights

• $344 Per Square Foot
• Established Grocery Anchor with Strong Sales
• Below Market Rents
• 34,899 SF Neighborhood Shopping Center in Prime Long Beach
• Smart & Final Anchor Bolstered by Subway and a Mix of Service and Restaurant Tenants
• Shadow-Anchored by Petco Unleashed
• Great Visibility Location Along Redondo Avenue, a Primary North-South Thoroughfare
• Serves Densely Populated Surrounding Residential Community
• Grocery Anchor Coupled with Necessity-Based Tenant Mix Proven to Generate Consistent Consumer Visits
• Convenient Access with Ample On-Site Parking
• Strong Local Demographics with Long-Term Upside