5225 2nd St Long Beach, CA 90803-5326
This exceptional, stabilized retail storefront investment opportunity in Long Beach, CA's coveted Belmont Shore offers a compelling combination of strong tenancy, irreplaceable location, and significant upside potential. The property, encompassing 4,320 square feet across two addresses (5225-5227 E 2nd St), sits on a 0.1-acre lot at a signalized intersection, maximizing visibility and foot traffic. Built in 1948, the single-building property boasts 100% occupancy with a long-term, recently extended (10-year) NNN lease in place, featuring corporate and personal guarantees. The tenant, Catalyst, has occupied the space since 2016, demonstrating a strong commitment to the location. Further enhancing the investment's appeal is an income-generating rooftop billboard leased to Clear Channel Outdoor, Inc. since 1999. The property's location within Belmont Shore, a mature and fully built-out coastal submarket, ensures its irreplaceable nature. With an asking price of $6,000,000, a net operating income (NOI) of $388,802, and a cap rate of 6.48%, this asset presents a rare opportunity to acquire a high-performing retail property in a highly desirable coastal California market. The affluent demographics, with over 24,000 residents within a one-mile radius and an average household income exceeding $158,000, further solidify the investment's long-term prospects. This is a truly exceptional opportunity for discerning investors seeking a stable, high-performing asset in a prime coastal location.
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Grunion Gazette Newspaper & Magazine Television Studio
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
LBCNP · Long Beach, CALong Beach. Always verify with local authorities before improvements.
Costs & 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.