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Signalized-Corner Restaurant Building
For Lease
$20,000/Mo

5003 Cherry Avenue, Long Beach, CA 90807

Restaurant space occupies a corner parcel with vehicle access from Del Amo Boulevard and Cherry Avenue.

Space Size5,439 SF
Lot Size0.94 Acres
Days on Market9

Property Features for 5003 Cherry Avenue

General Information

Standard status Active
Size 5,439 SF
Net Rentable 5,439 SF
Lot size 0.94 Acres
Property subtype Retail
Zoning CHW

Space & Availability

Available Space 5,439 SF
Contiguous Space 5,439 SF
Space Use Restaurant

Site & Location

Traffic Count 63,000 vehicles/day
Road Access Yes

Building Details

Building Size 5,439 SF
Year Built 1975
Listing Agency: Edgewater Realty Associates
Listed By: Matthew Souza · License #01893613
Source: Velocityrealtysd
Added: Oct 5 Changed: Oct 11 Last Checked: Oct 11 at 10:36AM

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 Edgewater Realty Associates

Investment Insights

Based on property information with market context.

The property contains 5,439 square feet of restaurant space on a 41,039-square-foot parcel. Built in 1975, the building is positioned at a signalized intersection and has rear alley access. Commercial zoning is designated CHW – Regional Highway Commercial.

The site provides approximately 245 linear feet along Del Amo Boulevard and 300 linear feet along Cherry Avenue. Vehicle access is available from both streets, and the intersection carries approximately 63,000 or more cars per day.

Key Highlights

  • 5,439 SF restaurant building on a 41,039 SF lot
  • Approximately 245 linear feet of frontage on Del Amo Boulevard and 300 linear feet on Cherry Avenue
  • Signalized intersection with approximately 63,000+ cars per day

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Dental Office Skin Care Clinic Food Market

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

Lease Details

63,000 VPD
Traffic count
Yes
Paved road access
NNN (Triple Net)
Lease Type
$6.62 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

603
Businesses Nearby
230k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 53% Shops & Services 21% Dining 20% Apparel 4%
Northgate Gonzalez Markets Groceries
74,624 visits/mo 0.3 miles
Superior Grocers Groceries
46,877 visits/mo 0.5 miles
Starbucks Dining
24,093 visits/mo 0.2 miles
Chevron Shops & Services
13,857 visits/mo 0.1 miles
ARCO Shops & Services
12,292 visits/mo 0.1 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant space occupies a corner parcel with vehicle access from Del Amo Boulevard and Cherry Avenue.
Where is this conventional restaurant located?
The property is located at 5003 Cherry Avenue Long Beach, CA.
What is the lease rate?
The lease rate is $20,000/Mo.
What are key features of this property?
This property features: 5,439 SF restaurant building on a 41,039 SF lot; Approximately 245 linear feet of frontage on Del Amo Boulevard and 300 linear feet on Cherry Avenue; Signalized intersection with approximately 63,000+ cars per day
More about this property
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