12622 Long Beach BlvdLynwood, CA 90262
High-traffic Popeyes, 12.5-year lease.
Overview
- Added:
- Jan 24
- Days on market:
- 71
Highlights
- $3,666,667 asking price for a 2,420 SF retail property in Lynwood, CA.
- Net-leased to Popeyes, with a 12.4-year remaining lease term (19.9-year initial term, expiring 05/31/2037).
- 100% occupancy, generating $165,000 in NOI, with a 4.50% cap rate.
- Prime corner location near a Walmart Supercenter, boasting high traffic counts and strong demographics.
- NNN lease with 10% rent bumps every 5 years and four 5-year renewal options.
Property Details for 12622 Long Beach Blvd
- Property type
- Retail properties, Restaurants
- Square Feet
- 2,420 SF
- Year Built/Renovated
- 2017/2020
- Lot Size (sq. ft)
- 20,909 SF
Location Insight
- City
- Lynwood
- County
- Los Angeles
- State
- California
- Latitude
- 33.911792902283
- Longitude
- -118.20894519979
Nearby Similar for Sale
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