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604-650 Pine Ave Portfolio Long Beach, CA

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NNN leased to Molina Healthcare through 2029 with rent increases.

Type:OFFICE
Property size:
208,500 SF
Lot size:
0.75 Acres
Added:
May 13, 2022
Days on Market:
1442
Last Refresh:
Apr 5 at 8:33 pm

Property Features for 604-650 Pine Ave Portfolio

General Information

Standard status
Active
Size
208,500 SF
Lot size
0.75 Acres
Property subtype
OFFICE

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Listing Contact
Barbara Perrier

Listing agent Barbara Perrier

Listing office CBRE

Listing date May 13, 2022

Source Moodyscre

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


Overview

Long Beach Office Investment Opportunity

This is a 100% NNN leased single-tenant investment opportunity featuring 3.4% annual rent increases. The property is 100% NNN leased to Molina Healthcare through December 2029. Molina Healthcare developed the buildings between 2013 and 2014. The property consists of office buildings and has a property size of 208500 square feet. The property is being offered for sale free and clear of any existing financing and is located in Long Beach, CA.
Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Long Beach
County
Los Angeles
State
California
Longitude
-118.192
Latitude
33.7748

FAQs

What type of property is this?
Office building - NNN leased to Molina Healthcare through 2029 with rent increases.
Where is this office building located?
The property is located at 604-650 Pine Ave Portfolio Long Beach, CA.
What are key features of this property?
This property features: 100% NNN leased to Molina Healthcare through December 2029, providing stable, long‑term income.; Enjoy growing returns with **3.4% annual rent increases**.; Offered for sale free and clear of any existing financing.
(213) 613-3033 Call to check price and availability
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