Long Beach Retail Investment
2100 N Bellflower Blvd, Long Beach, CA 90815
NNN leased retail property with established tenant in prime location.
Type:Retail
Property size:
145,251 SFPrice / SF:
$197/SF- Added:
- May 13, 2026
- Days on Market:
- 19
- Last Refresh:
- May 14 at 9:44 pm
Property Features for 2100 N Bellflower Blvd
General Information
- Standard status
- Active
- Size
- 145,251 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1955
Listing agent John Read License #CA 01359444
Listing office CBRE - Orange County
Listing date May 13, 2026
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 CBRE - Orange County
HighLights
- Long‑term NNN lease (13+ years remaining) with established Sports Basement tenant in a premier retail corridor.
- Located in Los Altos MarketCenter, a grocery‑anchored retail center.
- Tenant covers property taxes, insurance, and $50,000 in fixed CAM costs annually.
- Rental increases of 10% every 5 years, next increase in November 2029.
- Sports Basement is a well‑regarded sporting goods retailer with 15 stores.
- Rare infill LA County STNL opportunity.
Overview
This offering presents an opportunity to acquire a secure, single-tenant net lease (STNL) asset in Long Beach. The property is located in a retail corridor within Los Altos MarketCenter. The property is 100% leased to The Sports Basement, Inc., a California-based sporting goods retailer that operates 15 stores throughout California. Sports Basement is on a 15-year NNN lease with over 13 years of firm remaining lease term and two 5-year options to renew thereafter. The tenant is responsible for full reimbursement to landlord for property taxes and insurance as well as the Fixed CAM Costs at only $50,000 annually. The lease provides for 10% rental increases every 5 years with the next increase in November 2029. Sports Basement is located within Los Altos MarketCenter, a grocery anchored retail center with tenants such as Lazy Acres Natural Market, TJ Maxx, LA Fitness, CVS, Wells Fargo, Pet Supplies Plus, Memorial Care Medical Group, Southland Physical Therapy, IHOP, and Pick Up Stix.
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 | $3.14M | $21.60 |
| − Vacancy | −$203.9k | −$1.40 |
| EGI | $2.93M | $20.20 |
| − OpEx | −$880.0k | −$6.06 |
| NOI | $2.05M | $14.14 |
145,251 SF · lease $21.60/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$29.33M
$25.67M – $34.22M
NOI $2,053,442 @ 7.0% cap · market cap 7.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$45.61M
$39.91M – $53.21M
NOI $3,192,640 @ 7.0% cap · market cap 11.12%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Sears Appliance Repair
Hardware & Home Improvement
All American Hearing
Medical Clinic
Dr. Jeffrey Overbey
Physician
Sears Hair Studio
Hair Salon
Garage Door Repair ...
Building Supply
Location Insight
- Map
- Local Demand
- City
- Long Beach
- County
- Los Angeles
- State
- California
- Longitude
- -118.1230525
- Latitude
- 33.7944767
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - NNN leased retail property with established tenant in prime location.
Where is this retail space located?
The property is located at 2100 N Bellflower Blvd Long Beach, CA.
What is the asking price?
The asking price for this property is $28,708,000.
What are key features of this property?
This property features: Long‑term NNN lease (13+ years remaining) with established Sports Basement tenant in a premier retail corridor.; Located in Los Altos MarketCenter, a grocery‑anchored retail center.; Tenant covers property taxes, insurance, and $50,000 in fixed CAM costs annually.
