Applebee's Ground Lease

For Sale

899 East Spring Street, Signal Hill, CA 90755

This Signal Hill property for sale is located at 899 East Spring Street. The current listed sale price for Applebee's Ground Lease is $3,227,000. Applebee's Ground Lease is situated on a lot that is 0.74 acre in size.

Contacts

broker
Brent Hanna

Encore Real Estate Investment Services

Property Details

  • Property Type Retail - Freestanding
  • Property Size 5,500 SF
  • Lot Size 0.74 Acre
  • Additional Rent Contact for pricing
  • Year Built 2013
  • Date Updated Dec 10, 2024
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Highlights

  • Strong National Tenant / Brand Recognition / Ranked #1 Applebee's in State of California (placer)
  • Irreplaceable SoCal Urban Infill Location | High Barrier to Entry Market
  • Long Term | Absolute Net Ground Lease | 9 Years Remaining
  • 10% Rental Escalations Every 5-Years in Base Term & Options
  • OutParcel to Power Center | Applebee's Fronts Home Depot, Ross, Petco & Dollar Tree; Other Co-Tenants Include: In-n-Out, Starbucks, Jack in the Box, T-Mobile & Bank of America
  • Close Proximity to Long Beach International Airport (Under 1 Mile Away)
  • Under Half of a Mile to Memorial Care Long Beach Medical Center | 453-Beds & Approx. 2,250 Employees
  • Ease of Access to Major Traffic Drives - Adjacent to Busiest Freeway in California I-405 (320,000 CPD+) | Attractive Freeway Signage
  • Unmatched Demographics | 271,500 Residents in a 3-Mile Radius | 13,000 Business w/ Over 100,000 Employees
  • Surrounded by Top Affluent Communities in Southern California, Including: Rancho Palos Verdes and Belmont Shore

Getting around

  • 57/100

    Walk Score ®

  • 41/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Signal Hill, CA
  • Neighborhood Signal Hill
  • Zip Code 90755
  • Market Los Angeles

Points of Interest

  • Wardlow

    0.98 miles

  • Pacific Coast Highway

    1.62 miles

  • Anaheim Street

    2.13 miles

  • 5th Street

    2.70 miles

  • Pacific Avenue

    2.84 miles

  • Del Amo

    2.99 miles

  • Long Beach Boulevard

    7.97 miles

  • Willowbrook/Rosa Parks

    8.67 miles

  • Avalon

    9.31 miles

  • 103rd Street/Watts Towers

    9.69 miles

  • eVgo

    0.39 miles

  • Mobil

    0.54 miles

  • Arco

    0.67 miles

  • 76

    0.89 miles

  • Chevron

    0.97 miles

  • Costco Gasoline

    1.08 miles

  • Blink Charging Station

    2.86 miles

  • EVgo

    3.64 miles

  • Blink

    4.92 miles

  • ChargePoint

    5.54 miles

  • Emergency Department Parking

    0.32 miles

  • Employee parking

    0.38 miles

  • Parking structure

    0.42 miles

  • Physician Parking Structure

    0.46 miles

  • Visitor Parking

    0.46 miles

  • W1 West Lot, Todd Cancer Patient Parking

    0.49 miles

  • Parking structure for Visitors, Employee, Volunteers

    0.50 miles

  • "The Cage" parking (Employee parking)

    0.51 miles

  • Employee Parking

    0.54 miles

  • Applebee's

    0.00 miles

  • Chipotle

    0.03 miles

  • Jack in the Box

    0.05 miles

  • In-N-Out Burger

    0.09 miles

  • Yoshinoya

    0.58 miles

  • Nice Burger

    0.62 miles

  • fish bone

    0.63 miles

  • Subway

    0.64 miles

  • Burger King

    0.65 miles

  • Hong Cong Express

    0.66 miles

  • Ross

    0.08 miles

  • Target

    0.30 miles

  • Grocery Outlet

    0.69 miles

  • Albertsons

    0.76 miles

  • Food 4 Less

    0.83 miles

  • Northgate Market

    1.29 miles

  • Phnom Penh New Market

    1.50 miles

  • Ralphs

    1.62 miles

  • Trader Joe's

    1.67 miles

  • Kohl's

    1.75 miles

In-Depth Research Available for this Property

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.

Contact Listing Broker
broker
Brent Hanna

Encore Real Estate Investment Services