Retail Building on Broadway
1434 E Broadway Long Beach, CA 90802
1434 E Broadway, Long Beach, CA, 90802
Contact for pricing
For Sale
Contact for pricing
Stand-alone retail building suitable for owner-user, medical, or office.
Property Size3,311 SF
Price / SF$240.11
Days on Market766
Property Features for 1434 E Broadway
General Information
- Standard status
- Active
- Size
- 3,311 SF
- Property subtype
- Mixed Use, Office, Retail
Building Details
- Year Built
- 1917
Listing Agency
Ground Review
Listed by
Roman Ciuni · License #01424416
Source
Crexi
Added: Jun 14, 2024 Checked: Jul 19 at 9:26 am
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 Ground Review
Investment Insights
Based on property information with market context.
This stand-alone retail building is located on a signalized corner of Broadway and Falcon in the Alamitos Beach area. The interior is in a mid-demo stage, presenting an opportunity for an owner-user. The property is suitable for a veterinarian, medical, dental, or professional office. The building is currently vacant and can be delivered immediately. The property is zoned for commercial use.
Key Highlights
- Vacant and can deliver immediately
- Located on a busy, signalized corner of Broadway & Falcon, offering high visibility.
- Desirable Alamitos Beach location.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $83.4k | $25.20 |
| − Vacancy | −$5.4k | −$1.64 |
| EGI | $78.0k | $23.56 |
| − OpEx | −$23.4k | −$7.07 |
| NOI | $54.6k | $16.49 |
3,311 SF · lease $25.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Office B
$1.21M
$1.05M – $1.41M
NOI $84,361 @ 7.0% cap · market cap 10.61%
Second Best
Retail
$780.1K
$682.6K – $910.2K
NOI $54,610 @ 7.0% cap · market cap 6.87%
Theoretical Best
Office A
$1.77M
$1.55M – $2.07M
NOI $124,089 @ 7.0% cap · market cap 15.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Storefront property - Stand-alone retail building suitable for owner-user, medical, or office.
Where is this storefront property located?
The property is located at 1434 E Broadway Long Beach, CA.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Vacant and can deliver immediately; Located on a busy, signalized corner of Broadway & Falcon, offering high visibility.; Desirable Alamitos Beach location.
