1241 E Artesia Blvd Long Beach, CA 90805
Single-tenant retail building near Compton College and Gateway Towne Center.
Property Features for 1241 E Artesia Blvd
General Information
- Standard status
- Active
- Size
- 5,126 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1979
Listing office Matthews
Listing date Feb 12, 2025
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Matthews
Investment Insights
Based on property information with market context.
Key Highlights
- Prime retail location with excellent visibility and foot traffic.
- Option to acquire the operating business (Artesia Discount) along with the real estate.
- Strategically located adjacent to Compton College, Gateway Towne Center, and Crystal Casino.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $110.7k | $21.60 |
| − Vacancy | −$9.4k | −$1.84 |
| EGI | $101.3k | $19.76 |
| − OpEx | −$30.4k | −$5.93 |
| NOI | $70.9k | $13.83 |
