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Bldg 1 3200 E 29th St

23,328 SF Industrial Building Long Beach, CA 90806 £8,556,402 (£367/SF) 5.24% Net Initial Yield

Investment Highlights

  • Amazing Long Beach/Signal Hill Location
  • Quck Ingress and Egress to the $05 Freeway
  • Freeway Frontage

Executive Summary

This Industrial property consist of two (2) separate warehouse buildings (approx. 23,000 sf and approx.. 10,000 sf and situated on approx. 80,000 sf of land. The property has a long term lease with the City of Long Beach.

Data Room Click Here to Access

Property Facts

Price £8,556,402
Price Per SF £367
Sale Type Investment NNN
Net Initial Yield 5.24%
Property Type Industrial
Property Subtype
Showroom
  • Industrial Manufacturing
Building Class C
Lot Size 1.83 AC
Rentable Building Area 23,328 SF
Number of Floors 1
Year Built/Renovated 1964/2012
Tenancy Single
Parking Ratio 1.41/1,000 SF
Clear Ceiling Height 21 ft
No. Dock-High Doors/Loading 1
Level Access Doors 2

Amenities

  • Fenced Lot
  • Air Conditioning

Utilities

  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7212-022-015
Land Assessment
£2,113,265
Improvements Assessment
£1,990,619
Total Assessment
£4,103,883

zoning

Zoning Code ML (Light Manufacturing)
ML (Light Manufacturing)
  • Listing ID: 30958240

  • Date on Market: 14/02/2024

  • Last Updated:

  • Address: 3200 E 29th St, Long Beach, CA 90806

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