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    Freestanding Drive-Thru Restaurant Opportunity Title is generated by Realmo AI

    1236 E Artesia Blvd, Long Beach, CA 90805

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    For Sale
    $1,295,000

    Second generation drive-thru restaurant in Long Beach for sale.

    Type:Retail
    Property size:
    1,374 SF
    Price / SF:
    $942/SF
    Added:
    Feb 26, 2026
    Days on Market:
    101
    Last Refresh:
    Feb 26 at 10:27 pm

    Property Features for 1236 E Artesia Blvd

    General Information

    Standard status
    Active
    Size
    1,374 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1966

    We can help!

    Listing Contact
    Jon Davis

    Listing agent Jon Davis License #CalDRE #1885959

    Listing office

    Listing date Feb 26, 2026

    Source Svnvanguard

    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 Jon Davis

    HighLights

    • High‑visibility location at the intersection of Artesia Blvd & Orange Ave in a proven Long Beach market.
    • Existing food‑service infrastructure including grease trap, hood system, walk‑in cooler, menu board, and drive‑thru window.
    • Freestanding drive‑thru building (±1,374 SF) delivered vacant for immediate owner‑user occupancy.
    • Convenient access to the 91 and 710 Freeways.
    • Strong street presence with monument signage and ample on‑site parking (10 stalls including ADA).
    • Dense surrounding residential and employment base driving consistent customer traffic.

    Overview

    This second-generation drive-thru restaurant is available immediately and will be delivered vacant. It is ideally suited for an owner-user seeking a location in a proven Long Beach market. Positioned along one of Long Beach’s active commercial corridors near Artesia Blvd and Orange Ave, this freestanding drive-thru opportunity offers visibility, access, and functionality. Recent streetscape improvements have elevated the area’s appeal while supporting steady vehicle and neighborhood traffic, complemented by strong surrounding residential and employment density. The building is configured for food or beverage use, allowing a new owner to step into a highly adaptable space. Existing food-service infrastructure is in place, including a grease trap, hood system, walk-in cooler, menu board, and drive-thru window. The property is a ±1,374 SF freestanding drive-thru building at the high-visibility intersection of Artesia Blvd & Orange Ave. The Artesia Blvd corridor has been recently improved with added street parking and bike lanes. A dense surrounding residential and employment base drives consistent customer traffic. Convenient access is available to the 91 and 710 Freeways. The property has a strong street presence with monument signage and ample on-site parking with 10 parking stalls, including an ADA stall. It is delivered vacant for immediate owner-user occupancy.
    Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.1765746
    Latitude
    33.8743327

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    FAQs

    What type of property is this?
    Drive through restaurant - Second generation drive-thru restaurant in Long Beach for sale.
    Where is this drive through restaurant located?
    The property is located at 1236 E Artesia Blvd Long Beach, CA.
    What is the asking price?
    The asking price for this property is $1,295,000.
    What are key features of this property?
    This property features: High‑visibility location at the intersection of Artesia Blvd & Orange Ave in a proven Long Beach market.; Existing food‑service infrastructure including grease trap, hood system, walk‑in cooler, menu board, and drive‑thru window.; Freestanding drive‑thru building (±1,374 SF) delivered vacant for immediate owner‑user occupancy.
    (714) 323-0625
    We can help!
    Listing Contact
    Jon Davis
    Real Estate License ID: CalDRE #1885959
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    1236 E Artesia Blvd | Long Beach, CA 90805
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