For Lease
$66.36/SF/YR

5718 7Th StLong Beach, CA 90803

Thriving Restaurant, Prime Location, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional restaurant opportunity is located in the vibrant Bixby Hill area of Long Beach, California. Situated within a bustling shopping center at 5718 E 7th St, 90803, this 1,440 square foot Japanese restaurant benefits from high visibility and foot traffic. The property enjoys a strategic location near major thoroughfares including East 7th Street, Pacific Coast Highway, North Bellflower Blvd, and Channel Drive, ensuring consistent customer flow. Strong co-tenancy includes Target, Starbucks, Chevron, Bank of America, and several popular eateries. The restaurant's proximity to California State University Long Beach and the Tibor Rubin VA Medical Center provides a substantial and diverse customer base. Currently operating seven days a week (11 AM to 9 PM), the restaurant boasts a 44-seat capacity, ample parking, handicapped-accessible restrooms, and a fully equipped kitchen featuring a 12-foot hood and grease interceptor. Significant investment of $400,000 in renovations was completed in February 2023, resulting in almost brand-new equipment. The lease agreement is secure until October 2029 (no renewal option). This is an asset sale

Highlights

  • 1,440 SF Japanese restaurant for sale in Long Beach's Bixby Hill area.
  • Located in a bustling shopping center at 5718 E 7th St, 90803, with high visibility and foot traffic.
  • Strong co-tenancy includes Target, Starbucks, and other national brands.
  • $400,000 in renovations completed in February 2023, including a fully equipped kitchen.
  • 44-seat capacity, ample parking, and handicap-accessible restrooms.
  • Lease expires October 2029 (no renewal option).

Property Details for 5718 7Th St

Property type
Restaurants
RSF (Rentable sq. ft)
1,440 SF

Unit(s) available at that property

Space
Available Space 1
Size
1,440 SF
Rate per SF
$66.36

Location Insight

City
Long Beach
County
Los Angeles
State
California
Latitude
33.7748019
Longitude
-118.1200684
5718 7Th St, Long Beach, California

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5718 7Th St
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