Property profile

5345 Long Beach Blvd Long Beach, CA 90805

OFF-MARKET
Retail space
Property ID
US09-Q025236
Built 1924
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Property summary

AI-generated overview

Located on Long Beach Boulevard, this 1,250 SF retail space offers exceptional visibility and consistent foot and vehicle traffic. It's perfect for NAILS salon business. The property is situated in a densely populated area surrounded by residential neighborhoods, schools, and local businesses, thereby establishing a robust customer base for various concepts. The space features an existing bar counter setup, making it also ideal for a coffee shop, boba tea, smoothie, or quick-service food concept. Convenient access to the 91 and 710 freeways is available. With its strong community presence and diverse demographics, this location is perfectly positioned for a local operator seeking to establish or expand their brand in North Long Beach. bikeScore: 78, Very Bikeable walkScore: 77, Very Walkable transitScore: 45, Some Transit

Property profile

Verified
Property type Retail space
Year built 1924
UPID US09-Q025236

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Shopping Center & Mall

Location

5345 Long Beach Blvd Long Beach, CA 90805
Long Beach metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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