Property summary
This exceptional restaurant opportunity is located in the vibrant Bixby Hill area of Long Beach, California. Situated within a bustling shopping center at 5718 E 7th St, 90803, this 1,440 square foot Japanese restaurant benefits from high visibility and foot traffic. The property enjoys a strategic location near major thoroughfares including East 7th Street, Pacific Coast Highway, North Bellflower Blvd, and Channel Drive, ensuring consistent customer flow. Strong co-tenancy includes Target, Starbucks, Chevron, Bank of America, and several popular eateries. The restaurant's proximity to California State University Long Beach and the Tibor Rubin VA Medical Center provides a substantial and diverse customer base. Currently operating seven days a week (11 AM to 9 PM), the restaurant boasts a 44-seat capacity, ample parking, handicapped-accessible restrooms, and a fully equipped kitchen featuring a 12-foot hood and grease interceptor. Significant investment of $400,000 in renovations was completed in February 2023, resulting in almost brand-new equipment. The lease agreement is secure until October 2029 (no renewal option). This is an asset sale
Property profile
VerifiedCap rate & NOI
Current use
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Cafe & Coffee Shop
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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