5361 Atlantic Ave Long Beach, CA 90805

This exceptional investment opportunity presents a 3,600 square foot Starbucks cafe in Long Beach, California, boasting a 15.3-year absolute NNN lease with a credit-rated corporate guarantor. Located at 5361 Atlantic Ave, in Los Angeles County (zip code 90805), this Class A property sits on a sizable 0.72-acre lot and benefits from a newly renovated drive-thru. The lease features a 4.00% cap rate and a substantial net operating income (NOI) of $345,000. The property enjoys 100% occupancy and benefits from built-in rent bumps of 10% every five years, ensuring consistent income growth. The strategic location, just south of the intersection of Atlantic Ave and Market St (approximately 34,000 vehicles per day), provides exceptional visibility and accessibility. This is a rare opportunity to acquire a long-term, low-maintenance investment with a strong tenant and significant upside potential. The property was renovated in 2024. The lease expires February 29, 2040. The asking price is $8,625,000.