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Bldg 1 3200 E 29th St 33,024 sq ft Industrial Property Long Beach, CA 90806 £8,153,527 (£246.90/sq ft) 5.24% Net Initial Yield

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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 £8,153,527
Price per sq ft £246.90
Sale Type Investment NNN
Yield 5.24%
Property Type Industrial
Property Subtype
Showroom
  • Industrial Manufacturing
Costar Property Class C
Total Plot Size 1.83 ac
Net Internal Area (NIA) 33,024 sq ft
No. Floors 1
Year Built/Renovated 1964/2012
Tenancy Single
Parking Allocation 1/1,000 sq ft
Eaves Height 21 ft
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 2
Use Class ML - Light Manufacturing

AMENITIES

  • Fenced Lot
  • Air Conditioning

UTILITIES

  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7212-022-015
Land Assessment
£2,054,037
Improvements Assessment
£1,934,828
Total Assessment
£3,988,866
  • Listing ID: 30958240

  • Date on Market: 14/02/2024

  • Last Updated:

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

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