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Property profile & analytics
OFF-MARKET
Neighborhood centers

5638 2Nd St Long Beach, CA 90803

Property ID
Property summary
AI-generated overview

This exceptional retail opportunity is located at 5638 2nd St, Long Beach, CA 90803, within the Island Center, Naples Island's only shopping center. The property is a multi-tenant strip center in Los Angeles County, offering two available spaces. One space measures 900 square feet, and the other is 1,040 square feet. The ideal location is situated amidst the affluent residents of Naples Island, boasting convenient access to Alamitos Bay's 1,624 boat slips. This prime location provides exposure to a captive audience of both local residents and boaters. The property benefits from its proximity to other successful retail centers such as Marina Pacifica and 2nd & PCH, creating a synergistic retail environment. The unique setting offers an exclusive and high-traffic location, perfect for businesses seeking to capitalize on the vibrant energy and affluent demographic of Naples Island. The property's waterfront location and proximity to a large marina present a unique opportunity for businesses catering to a diverse clientele. This is an exceptional chance to establish a presence in a highly desirable and exclusive retail destination.

Property profile
Verified
Property type Neighborhood centers
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Naples Learning Center Tutoring Service
  • Brocklamation Films Film Production
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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