495 The Promenade N Long Beach, CA 90802-2492
This exceptional Class A retail or restaurant space, located at 495 The Promenade North in Long Beach, California, presents a unique investment opportunity. Built in 2022, the entire 5,621 square foot building is currently vacant and available for immediate occupancy. Situated in Los Angeles County, zip code 90802, this single-tenant property offers unparalleled flexibility for a variety of businesses. The modern design and construction ensure a high-quality space ready for immediate customization. Its prime location within Long Beach provides excellent visibility and accessibility, attracting significant foot traffic and potential clientele. The property's size allows for a large-scale operation or the potential for division into smaller units (subject to feasibility studies and approvals). This is an exceptional opportunity to acquire a brand-new, high-quality retail or restaurant space in a thriving Long Beach location. The property is offered for sale and presents a compelling investment prospect for discerning buyers seeking a turnkey solution in a desirable market. Detailed floor plans and specifications are available upon request. This is a rare chance to secure a prominent location in a vibrant and growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LBPD30 · Long Beach, CACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.