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Property Details
- Property Type Retail
- Additional Rent Contact for pricing
- Year Built 2010
- Date Updated Jan 11, 2025
Reach out to the broker for more info on lease terms and amenities
Highlights
- Strong Corporate Guaranty - Corporate backed lease with a guaranty from Albertsons Companies, Inc., one of the largest food and drug retailers in the United States with over 2,200 stores in 34 states.
- Exceptional Sales - This Vons boasts incredible sales volume at $841 PSF and a very low cost of occupancy at 3.6%.
- Zero Management - Long-term absolute NNN lease provides a passive source of income with no management responsibilities and rent increases every 5 years.
- Not on Divesture List - The other Vons location in Long Beach is on the divesture list, and this Vons is not on the list, providing an investor with a strong security of income.
- Coastal Southern California - Located only 6 blocks from the beach in the heart of the high-barrier to entry market of downtown Long Beach. Densely populated area with 225,319 people in a three-mile radius and 6 million visitors every year.
- Favorable Assumable Debt - Below market assumable debt available. Fully amortizing loan at a 4.07% interest rate with 19.5 years of term remaining.
Getting around
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Walk Score ®
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Transit Score ®
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Bike Score ®
Location
- City Long Beach , CA
- Neighborhood East Village
- Zip Code 90802
- Market Los Angeles
Points of Interest
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5th Street
0.43 miles
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Pacific Avenue
0.59 miles
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Anaheim Street
0.95 miles
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Pacific Coast Highway
1.45 miles
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Wardlow
3.59 miles
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Del Amo
5.67 miles
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Chevron
0.14 miles
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Shell
0.19 miles
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USA gas
0.51 miles
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76
0.92 miles
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Speedway Express
0.95 miles
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Arco
1.52 miles
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eVgo
2.49 miles
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Blink Charging Station
2.92 miles
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ChargePoint
4.26 miles
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EVgo
6.25 miles
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Parking structure
0.43 miles
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parking structure
0.43 miles
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Parking structure (for courthouse)
0.81 miles
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Public Parking
1.06 miles
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Long Beach Transit
1.32 miles
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Lot 1
1.59 miles
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P2
1.63 miles
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Lot 2
1.65 miles
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Lot 7 staff
1.66 miles
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Lot 3 Staff
1.67 miles
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Great Society
0.04 miles
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Rebel Bite
0.05 miles
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Roscoe's Chicken House
0.08 miles
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Poké Bar
0.10 miles
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Kin Long Beach
0.10 miles
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Wine District
0.11 miles
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Kimu Sushi
0.11 miles
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Super Mex
0.12 miles
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James Republic restaurant
0.12 miles
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Thai District
0.12 miles
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Vons
0.01 miles
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El Super
0.33 miles
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Ross
0.38 miles
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La Vista Market Carniceria
0.49 miles
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Superior Grocers
0.83 miles
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Kim Long Market
0.94 miles
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ALDI
0.99 miles
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Smart & Final
0.99 miles
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Northgate Market
1.19 miles
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Big Saver Food
1.22 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.