Freestanding Grocery
For Sale
Contact for pricing
Pending
1941 Atlantic Avenue, Long Beach, CA 90806
An established market tenancy has continued at the property for more than 10 years.
Property SizeContact for details
Days on Market143
Property Features for 1941 Atlantic Avenue
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Cap Rate
5.5%
Building Details
Tenancy
Single
Listing Agency:
RE/MAX Premier Properties
(626) 703-1586
Listed By:
Jerry Sun · License #CA 01338788
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 31 at 2:01AM
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 RE/MAX Premier Properties
Investment Insights
Based on property information with market context.
El Ranchito Market is a freestanding grocery and convenience retail property at 1941 Atlantic Ave. The existing market has operated at the site for more than 10 years, providing an established commercial use within the building.
The property is in Long Beach, California, near local golf courses, museums, and several beaches. The offering carries a reported 5.5% cap rate and is presented as a retail investment with an existing market tenancy.
The property is in Long Beach, California, near local golf courses, museums, and several beaches. The offering carries a reported 5.5% cap rate and is presented as a retail investment with an existing market tenancy.
Key Highlights
- Freestanding grocery and convenience retail building
- El Ranchito Market has occupied the site for more than 10 years
- Reported 5.5% cap rate
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,797
Businesses Nearby
210k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 52%
Shops & Services 27%
Groceries 20%
Electronics 1%
Northgate Gonzalez Markets
Groceries
41,854 visits/mo
0.5 miles
McDonald's
Dining
31,827 visits/mo
0.2 miles
Tierra Mia Coffee
Dining
27,507 visits/mo
0.2 miles
ARCO
Shops & Services
19,565 visits/mo
0.5 miles
King Taco
Dining
16,192 visits/mo
0.3 miles
Demographics for 90806, CA
41,611
Population
13,106
Households
3.2
Avg Household Size
35
Median Age
22%
College-Educated
72%
High-School Grad
4.9 sq mi
ZIP Area
8,492
Density / Sq Mi
$73,674
Median Household Income
$36,691
Median Earnings
$1,672
Median Rent
$699,800
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Similar Off Market Nearby
- El Ahorro Store — 449 W Anaheim St, Long Beach, CA 90813
- Dong Mai Market — 1241 E Anaheim St, Long Beach, CA 90813
- S & A Market — 1639 Alamitos Ave, Long Beach, CA 90813
- Baby's Nutrition — 1861 Pacific Ave, Long Beach, CA 90806
- Star Brothers — 1827 Orange Ave, Long Beach, CA 90806
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - An established market tenancy has continued at the property for more than 10 years.
Where is this grocery and convenience store located?
The property is located at 1941 Atlantic Avenue Long Beach, CA.
What are key features of this property?
This property features: Freestanding grocery and convenience retail building; El Ranchito Market has occupied the site for more than 10 years; Reported 5.5% cap rate
