Current Use by Public Records
- R&B Boba / Cafe & Coffee Shop
- Mad Dumplings - Long Beach / Restaurant
Property Details for 5718 7Th St
- Property type
- Restaurants
Description
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
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Long Beach
- County
- Los Angeles
- State
- California
- Longitude
- -118.12
- Latitude
- 33.7748
