Freestanding Flex
3940 Pixie Avenue, Long Beach, CA 90712
For Sale
Contact for pricing
The building offers heavy power and rooftop parking for manufacturing or flex operations.
Property Size42,510 SF
Price / SF$247
Days on Market124
Property Features for 3940 Pixie Avenue
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Additional Details
Heavy Power
Property Use
Building Details
Buildings
Tenancy
Listing Agency:
Lee & Associates
Listed By:
Max Robles · License CA #02057317
(562) 354-2500
Source:
Crexi
Added: Jul 15
Changed: Nov 14
Last Checked: Nov 14 at 5:22AM
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 Lee & Associates
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding flex property contains 42,510 square feet and is suited to manufacturing use. Heavy power and rooftop parking are among its physical features.
The property is adjacent to Long Beach Airport and the 263-acre Douglas Park master-planned development. Corporate neighbors and nearby amenities are also noted.
The property is adjacent to Long Beach Airport and the 263-acre Douglas Park master-planned development. Corporate neighbors and nearby amenities are also noted.
Key Highlights
- 42,510‑square‑foot freestanding flex building
- Heavy power
- Rooftop parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$623,367
Cap Rate
5.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,467,340
$12.5M
Cap Rate 7%
$8,905,243
$8.9M
Cap Rate 9%
$6,926,300
$6.9M
Market Conditions
NOI Build-Up for 42,510 SF
Gross rent
$1.02M $24.00/SF
− Vacancy
−$61.2K −$1.44/SF
EGI
$959.0K $22.56/SF
− OpEx
−$335.7K −$7.90/SF
NOI
$623.4K $14.66/SF
Area
Long Beach, CA
Vacancy
6.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,467,340
Cap Rate 7%
$8,905,243
Cap Rate 9%
$6,926,300
Alternative Uses
Best Use
Flex RnD
$8.91M
$7.79M – $10.39M
NOI $623,367 @ 7.0% cap · market cap 5.94%
Second Best
Industrial
$7.33M
$6.42M – $8.56M
NOI $513,315 @ 7.0% cap · market cap 4.89%
Theoretical Best
Office A
$22.76M
$19.91M – $26.55M
NOI $1,593,178 @ 7.0% cap · market cap 15.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
938
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90712, CA
32,332
Population
10,170
Households
3.2
Avg Household Size
40
Median Age
37%
College-Educated
92%
High-School Grad
4.2 sq mi
ZIP Area
7,698
Density / Sq Mi
$119,246
Median Household Income
$59,395
Median Earnings
$2,302
Median Rent
$779,600
Median Home Value
Market
Average Price Trend$/SF for Flex space in Long Beach, CA
Properties on Market for Flex space in Long Beach
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Ortiz Banquet Services — 4370 clubhouse dr, lakewood, ca 90712
- Smakk'D Refreshers & Teas, Inc — 5241 Paramount Blvd #1/4, Lakewood, CA 90712
- Ohana Hawaiian BBQ Lakewood — 5316 Clark Ave, Lakewood, CA 90712
- MealswithMekah — 5489 Paramount Blvd, Long Beach, CA 90805
Frequently Asked Questions
What type of property is this?
Flex space - The building offers heavy power and rooftop parking for manufacturing or flex operations.
Where is this flex space located?
The property is located at 3940 Pixie Avenue Long Beach, CA.
What is the asking price?
The asking price for this property is $10,500,000.
What are key features of this property?
This property features: 42,510‑square‑foot freestanding flex building; Heavy power; Rooftop parking
