5950 Paramount Boulevard

Long Beach is a diverse city that blends influences from around the world, earning it the nickname “The International City.” It offers a unique combination of residential and industrial zones, urban and suburban areas, and a mix of historic and innovative spaces. Constantly evolving, Long Beach balances the energy of Los Angeles with the beach-town vibe of Orange County, nestled geographically between the two. The city is bordered by San Pedro, Carson, and Compton to the west; Lakewood and Paramount to the north; and Bellflower, Cerritos, Hawaiian Gardens, Los Alamitos, and Seal Beach to the east. Downtown Long Beach is approximately 25 miles south of Downtown Los Angeles and shares its eastern edge with Orange County. The city is well-connected to the Greater Los Angeles Area through several major freeways, including the I-110 (Harbor Freeway), I-710 (Long Beach Freeway), I-605 (San Gabriel Freeway), CA-91, and I-405 (San Diego Freeway). Public transportation is accessible via the Los Angeles County Metropolitan Transportation Authority, Long Beach Transit, and local Long Beach Bus services. Long Beach is a dominant maritime hub, home to the Port of Long Beach, the second busiest container port in the U.S. and one of the largest globally. The city also boasts a robust manufacturing sector, specializing in industries like aerospace, automotive, electronics, audiovisual equipment, and home furnishings. Major companies such as Epson America, Inc., Pioneer Electronics, SCAN Health Plan, and Molina Healthcare, Inc. are headquartered here, contributing to the city’s thriving business environment. Industrial properties remain in high demand as market fundamentals hold strong. The industrial market in Long Beach spans 32,941,757 square feet, with a low vacancy rate of 5.4% as of Q2 2024—down 60 basis points from Q2 2023. The average asking rental rate for industrial space is $1.76/SF NNN, reflecting a modest decline of 3 cents compared to a year ago. Strong demand and limited supply have spurred new construction activity, with 875,176 square feet currently under development, more than triple the volume from last year.NAI is excited to present a unique investment opportunity at 5950 N. Paramount Blvd, a +/- 60,000 square-foot Wholesale Retail Industrial property in the highly sought-after South Bay Industrial submarket of Long Beach, California. Currently fully leased to HD Supply, a subsidiary of Home Depot, this property guarantees a stable income stream. It is an exceptional asset situated on +/- 5.92 acres along the busy Paramount Blvd thoroughfare. Built in 1973, 5950 N Paramount Blvd has been meticulously maintained, featuring recent upgrades such as a new roof and refreshed paving in the secured yard area. This offering includes multiple dock-high and ground loading positions. With limited industrial properties available for sale or lease in this prime market, this site represents a rare opportunity for investors and developers to capitalize on strong market fundamentals driven by historically low vacancy rates. Strategically located just +/- 13.9 miles from the LA and Long Beach Port Complexes, this property offers unparalleled access to the nation’s major gateway for international commerce and the busiest seaports in the Western Hemisphere. It is also conveniently situated near five key transportation routes: the 91, 710, 405, 105, and 605 freeways. The property’s location in Long Beach—known as “The International City” for its diverse cultural influences—adds further appeal, combining residential and industrial zones in a vibrant urban setting