Retail Storefront
For Sale
$2,700,000
5575 Atlantic Avenue, Long Beach, CA 90805
Commercial building with customer parking along an established retail corridor serving North Long Beach.
Property Size7,725 SF
Lot Size0.43 Acres
Price / SF$349.51
Days on Market94
Property Features for 5575 Atlantic Avenue
General Information
Standard status
Active
Size
7,725 SF
Total Parking Spaces
30
Lot size
0.43 Acres
Property subtype
Business
Site & Location
Neighborhood
Dairy
Highway Access
Yes
Building Details
Building Size
7,725 SF
Year Built
1946
Buildings
1
Listing Agency:
Pars Properties
Listed By:
Michael Kamali · License #01207875
Source:
Truthrealty
Added: Jul 30
Changed: Oct 31
Last Checked: Oct 30 at 11:16PM
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 Pars Properties
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Investment Insights
Based on property information with market context.
This retail storefront building contains approximately 7,725 square feet on an 18,934-square-foot parcel and includes 30 customer parking spaces. Built in 1946, the property offers a commercial building format suited to retail, restaurant, medical, office, or service-oriented uses identified for the site.
The property is located at 5575 Atlantic Avenue in North Long Beach, along the Atlantic Avenue commercial corridor. Surrounding development includes residential neighborhoods, neighborhood-serving retail, restaurants, schools, and professional services. Regional connections include the 91, 710, and 405 Freeways, with access toward Downtown Long Beach, Los Angeles, Orange County, and the Ports of Long Beach and Los Angeles. Long Beach Airport is also described as being only minutes away.
The property is located at 5575 Atlantic Avenue in North Long Beach, along the Atlantic Avenue commercial corridor. Surrounding development includes residential neighborhoods, neighborhood-serving retail, restaurants, schools, and professional services. Regional connections include the 91, 710, and 405 Freeways, with access toward Downtown Long Beach, Los Angeles, Orange County, and the Ports of Long Beach and Los Angeles. Long Beach Airport is also described as being only minutes away.
Key Highlights
- Approximately 7,725‑square‑foot commercial building
- 18,934‑square‑foot parcel
- 30 customer parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$106,874
Cap Rate
3.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,137,480
$2.1M
Cap Rate 7%
$1,526,771
$1.5M
Cap Rate 9%
$1,187,489
$1.2M
Market Conditions
NOI Build-Up for 7,725 SF
Gross rent
$166.9K $21.60/SF
− Vacancy
−$14.2K −$1.84/SF
EGI
$152.7K $19.76/SF
− OpEx
−$45.8K −$5.93/SF
NOI
$106.9K $13.83/SF
Area
ZIP 90805
Vacancy
8.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,137,480
Cap Rate 7%
$1,526,771
Cap Rate 9%
$1,187,489
Alternative Uses
Best Use
Retail
$1.53M
$1.34M – $1.78M
NOI $106,874 @ 7.0% cap · market cap 3.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.31M
$2.02M – $2.70M
NOI $161,965 @ 7.0% cap · market cap 6.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,175
Businesses Nearby
63k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 63%
Shops & Services 37%
Starbucks
Dining
14,436 visits/mo
0.3 miles
Taco Bell
Dining
12,367 visits/mo
0.3 miles
Popeyes Louisiana Kitchen
Dining
9,849 visits/mo
0.3 miles
AutoZone
Shops & Services
9,588 visits/mo
0.2 miles
Shell
Shops & Services
7,772 visits/mo
0.3 miles
Demographics for 90805, CA
95,350
Population
28,954
Households
3.3
Avg Household Size
34
Median Age
18%
College-Educated
74%
High-School Grad
7.4 sq mi
ZIP Area
12,885
Density / Sq Mi
$68,615
Median Household Income
$34,948
Median Earnings
$1,664
Median Rent
$588,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Joshua's Flowers — 5208 Atlantic Ave, Long Beach, CA 90808
- Dory's Flower & Gift Shop — 5359 Long Beach Blvd, Long Beach, CA 90805
- Lili's Flowers — 322 E Market St, Long Beach, CA 90805
- Alysson's Flowers and Gifts — 5370 Atlantic Ave, Long Beach, CA 90805
- Angel's Gifts & Flowers — 5636 Atlantic Ave, Long Beach, CA 90805
Frequently Asked Questions
What type of property is this?
Storefront property - Commercial building with customer parking along an established retail corridor serving North Long Beach.
Where is this storefront property located?
The property is located at 5575 Atlantic Avenue Long Beach, CA.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Approximately 7,725‑square‑foot commercial building; 18,934‑square‑foot parcel; 30 customer parking spaces
