3380 FOR LEASE - LoopNet...N Los Coyotes Diagonal 17,200 Palo Verde Ave 14,568 E Wardlow Rd 15,900...
Transcript of 3380 FOR LEASE - LoopNet...N Los Coyotes Diagonal 17,200 Palo Verde Ave 14,568 E Wardlow Rd 15,900...
F O R L E A S E3380N LOS COYOTES DIAGONALLONG BEACH, CA 90808
A N C H O R S P A C E20,000 - 45,500 RSF AVAILABLE
N Los Coyotes Diagonal 17,200
Palo Verde Ave 14,568
E Wardlow Rd 15,900
Source Kalibrate Project ID 417388
Easy access to Long Beach Airport (4,000,000
passengers per year)
Established market and highly visible storefront.
Directly north of 5.8 acre The Olson Company market rate
housing development.
EXECUTIVE SUMMARY
Tenants benefit from a dense residential and daytime
population.
Convenient access to Interstate 405 Freeway.
Notable Tenants in the immediate trade area include Target, Lowe’s, Vons, Stater
Bros, Grocery Outlet, Sprouts, Walgreens, Ace Hardware.
1.5 miles east of brand new LBX (Long Beach Exchange)
home to Nordstrom Rack, TJ Maxx, Whole Foods 365,
“The Hangar” food hall, Ulta, Petsmart, and many more.
1 MILE 3 MILES 5 MILES
2018 Population - Current Year Estimate 22,079 181,876 635,100
2023 Population - Five Year Projection 23,036 184,968 648,192
2018 Average Household Income $122,744 $114,489 $97,850
2018 Daytime Population 16,165 177,563 583,894
DEMOGRAPHICS
PROPERTY HIGHLIGHTSCBRE has been exclusively retained by Ownership to offer the opportunity to lease a 45,500 square-foot anchor space (the “Property”) located one mile north of the I-405 (286,000 VPD) in Long Beach, CA. This standalone grocery store, which has the potential to be demised, features two prominent entrances which will allow for successful co-tenancy. The Property is prominently situated at the intersection of three highly trafficked streets (54,000 VPD) only a few blocks from the Long Beach Airport and from Cal State Long Beach in a densely populated, affluent area of Long Beach.
TRAFFIC COUNTS
A E R I A L
Starbucks
AVAILABLE
E X I S T I N G P Y L O N O P P O R T U N I T Y
POPULATION 1 MILE 3 MILES 5 MILES
2018 Population - Current Year Estimate 22,709 181,876 635,100
2023 Population - Five Year Projection 23,036 184,968 648,192
2010 Population - Census 22,116 176,404 611,720
2000 Population - Census 21,665 175,023 609,091
2010-2018 Annual Population Growth Rate 0.32% 0.37% 0.46%
2018-2023 Annual Population Growth Rate 0.29% 0.34% 0.41%
HOUSEHOLDS
2018 Households - Current Year Estimate 8,359 62,187 220,736
2023 Households - Five Year Projection 8,431 62,862 223,904
2010 Households - Census 8,238 61,091 215,390
2000 Households - Census 8,270 61,218 215,503
2010-2018 Annual Household Growth Rate 0.18% 0.22% 0.30%
2018-2023 Annual Household Growth Rate 0.17% 0.22% 0.29%
2018 Average Household Size 2.71 2.87 2.84
HOUSEHOLD INCOME
2018 Households 8,359 62,184 220,731
2018 Average Household Income $122,744 $114,489 $97,850
2023 Average Household Income $142,755 $133,670 $115,143
2018 Median Household Income $104,523 $89,624 $71,077
2023 Median Household Income $115,427 $102,397 $82,188
2018 Per Capita Income $45,213 $39,450 $34,436
2023 Per Capita Income $52,273 $45,716 $40,191
HOUSING UNITS
2018 Housing Units 8,348 62,417 224,474
2018 Median Value of Owner Occ. Housing Units $584,824 $597,029 $586,665
2018 Average Value of Owner Occ. Housing Units $624,233 $659,045 $651,493
D E M O G R A P H I C S
A M E N I T I E S
A R E A M A P
CVSRite-AidHome GoodsCrunch FitnessLA FitnessFitness 19Planet Fitness24 Hour FitnessWalgreensRoss Dress for LessT.J MaxxMarshall’sBurlington Coat Factory
© 2019 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners, and the use of such logos does not imply any affiliation with or endorsement of CBRE. Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited.
CBRE, INC. | Broker Lic. 00409987
J A M I E B R O O K SLic. 01434718+1 310 550 2631 [email protected]
R O Y G A U TLic. 01967875+1 310 363 4728 [email protected]
3380N LOS COYOTES DIAGONALLONG BEACH, CA 90808
F O R L E A S EA N C H O R S P A C E20,000 - 45,500 RSF AVAILABLE