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Retail Property in Long Beach
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Pending

3401 Cherry Ave, Long Beach, CA 90807

Fully occupied retail property with high traffic in Long Beach.

Property Size5,250 SF
Days on Market162

Property Features for 3401 Cherry Ave

General Information

Standard status Pending
Size 5,250 SF
Total Parking Spaces 26
Property subtype Retail
Zoning CAN
Occupancy 100%
Lease Type NNN
Investment Type Net Lease

Building Details

Year Built 2003
Buildings 1
Units 4
Tenancy Multi
Listing Agency: SRS Real Estate Partners Newport Beach
Listed By: Calvin Short · License #01927216
Source: Crexi
Added: Mar 3 Changed: Aug 8 Last Checked: Jul 24 at 1:48PM

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 SRS Real Estate Partners Newport Beach

Investment Insights

Based on property information with market context.

This retail property, located in Long Beach, California, features a total area of 5,250 square feet. The property is currently 100% occupied and benefits from high traffic counts and a dense population in the surrounding area. It is suitable for various commercial real estate and retail purposes.

Key Highlights

  • 100% Occupied, providing immediate income.
  • High Traffic Counts, offering excellent visibility.
  • Dense Population, ensuring a steady customer base.

Property Analytics

Current Use

Pita Pitaki Restaurant Super Mex Restaurants Restaurant Wescom credit union Atm Jr Mex Restaurant Akii Sushi Restaurant

Suggested Use

Top Pick Parking Lot & Garage Hotel & Motel (Bike/Boat/Book/etc) Store Grocery & Convenience Store Food Market Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

853
Businesses Nearby
107k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 42% Dining 41% Shops & Services 8% Electronics 8%
Ralphs Groceries
44,858 visits/mo 0.2 miles
Tierra Mia Coffee Dining
21,053 visits/mo 0.3 miles
Del Taco Dining
10,554 visits/mo 0.2 miles
T-Mobile Electronics
8,872 visits/mo 0.2 miles
Carl's Jr. Dining
6,616 visits/mo 0.2 miles

Demographics for 90807, CA

32,412
Population
13,345
Households
2.4
Avg Household Size
41
Median Age
45%
College-Educated
90%
High-School Grad
4.4 sq mi
ZIP Area
7,366
Density / Sq Mi
$95,079
Median Household Income
$56,392
Median Earnings
$1,892
Median Rent
$832,200
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail property - Fully occupied retail property with high traffic in Long Beach.
Where is this retail property located?
The property is located at 3401 Cherry Ave Long Beach, CA.
What is the asking price?
The asking price for this property is $3,505,000.
What are key features of this property?
This property features: 100% Occupied, providing immediate income.; High Traffic Counts, offering excellent visibility.; Dense Population, ensuring a steady customer base.
More about this property
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