1800 Ximeno AveLong Beach, CA 90815

Property Details for 1800 Ximeno Ave

Year built

1972

Construction

TILT-UP CONCRETE

Lot size

9.00 AC

Property size (Sq ft)

120,843 SF

Zone code

LBCCA

Property type

Retail properties

Property subtype

Community centers

APN

7219-022-009

APU

7219022009

Description

This exceptional retail opportunity is located at 1800-2000 Ximeno Avenue in Long Beach, California, within the bustling Long Beach traffic circle retail hub. The property, known as Vons Circle Center, is a strip center totaling 151,278 square feet and features three individual suites. Currently, there is 9,285 square feet of vacant space available, offering a unique chance for businesses to establish a presence in a high-traffic area. The available spaces range in size from a minimum of 1,105 square feet to a maximum contiguous space of 6,980 square feet, providing flexibility for various business needs. The property's location within a thriving retail environment, alongside high-quality national and regional retailers, ensures significant foot traffic and visibility. Situated in Los Angeles County, zip code 90815, this prime retail space presents an excellent investment opportunity in a dynamic and established market. The property is classified as Retail and Restaurant use, offering a diverse range of potential tenants. This is a rare chance to secure a prominent location in a highly sought-after retail area of Long Beach. Contact us today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $43,770,064

  6.5%

  $40,403,136

  7%

  $37,517,200

• Comparable approach

  Method

  Valuation

  Relative Method

  $97,137,184

  Geo Method

  $97,137,184

• Alternative Use

  Use

  Valuation

  Residential

  $34,081,556

  Hospitality

  $31,218,524

  Educational

  $25,973,446

  Medical

  $26,866,712

  Retail

  $40,403,136

Location Insight

City

Long Beach

County

Los Angeles

State

California

Latitude

33.791

Longitude

-118.138

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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