DRIVE-THRU USER/OWNER OPPORTUNITY
5353 ATLANTIC AVENUE | LONG BEACH, CA
HIGHLIGHTS
• Owner/User or Investment Opportunity
• Subject property has a rare grandfathered drive-thru restaurant use. Current 6-month ban on any new drive-thrus in Long Beach.
• Oversized Lot – Subject property sits on a large 31,327 SF Lot (0.72 Acres).
• Dense Urban LA Market
• Excellent Street Frontage – Property has substantial frontage on Atlantic Boulevard, which boasts 25K vehicles per day.
• Exceptional Retail Trade Area – In close proximity to the I-710, I-91, and I-405 freeway.
• Located in an Opportunity Zone – Provides developers capital gain tax benefits when adding value to the property.
PROPERTY INFO
Property Type: Net-Leased
Status: For Sale
Building Size (Total GLA): 3,702 SF
Lot Size: 31,327 SF (0.72 Acres)
Year Built: 1966 (Renovated 2000)
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iNVESTMENT PRICING
Price: $3,400,000
Price Per Square Foot (Building): $918.42
financial DETAILS
Contact Agent For Details