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RETAIL FOR LEASE 2290 E 7th Street | Long Beach, CA Unit 5 1,375 SF Unit 4 3,050 SF Unit 7 2,050 SF AVAILABLE UNITS: 4, 5, & 7

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Page 1: RETAIL FOR LEASE - LoopNet...Exclusive Leasing Agents MICHAEL PAKRAVAN SVP & National Director, Retail Leasing michael.pakravan@matthews.com DIR (310) 919-5737LIC # 01706065 (CA) MATT

RETAIL FOR LEASE2290 E 7th Street | Long Beach, CA

Unit 51,375 SF

Unit 43,050

SF

Unit 72,050 SF

AVAILABLE UNITS:4, 5, & 7

Page 2: RETAIL FOR LEASE - LoopNet...Exclusive Leasing Agents MICHAEL PAKRAVAN SVP & National Director, Retail Leasing michael.pakravan@matthews.com DIR (310) 919-5737LIC # 01706065 (CA) MATT

Exclusive Leasing Agents

MICHAEL PAKRAVANSVP & National Director, Retail Leasing

michael [email protected] (310) 919-5737LIC # 01706065 (CA)

MATT SUNDBERGLeasing Associate

matt [email protected] (949) 777-5991LIC # 02052540 (FL)

Page 3: RETAIL FOR LEASE - LoopNet...Exclusive Leasing Agents MICHAEL PAKRAVAN SVP & National Director, Retail Leasing michael.pakravan@matthews.com DIR (310) 919-5737LIC # 01706065 (CA) MATT

Matthews I 3

1 -MILE DEMOGRAPHICS

Drive - ThruD

AW

SO

N A

VE

E 7 T H S T

MA

SS

AG

EU

NIT

6

2,0

50

SF

UN

IT 7

3 , 0 5 0 S FU N I T 4

N A I L S A L O NU N I T 3

T H A IR E S T A U R A N T

U N I T 2

L I Q U O RU N I T 1

1,3

75

SF

UN

IT 5

2 2 9 0 E 7 T H S T R E E T LO N G B E AC H , C A 9 0 8 0 4

23,080

POPULATIONAVERAGE

HOUSEHOLD INCOME

$109,656

NUMBER OFHOUSEHOLDS

8,213

P R O P E R T Y H I G H L I G H T S

U N I T # T E N A N T S F R E N T P S F

1 Squire Liquor ±1,330 SF -

2Thai Charcoal

Restaurant±1,650 SF -

3 TNT Hair and Nails ±525 SF -

4 AVAILABLE ±3,050 SF $1.50 PSF

5 AVAILABLE ±1,375 SF $2.00 PSF

6 Massage ±1,720 SF -

7End Cap Space

(AVAILABLE)±2,050 SF $1.75 PSF

8CrossFit Belmont

Shores- -

9 Blue Hills Dental - -

10 DD’s Disccounts - -

• Prime Long Beach Location on 7th Street

• DD’s Discount Anchored Shopping Center

• Newly Remodeled Strip center

• Ample Parking

• Pylon Signage Available

• Excellent visibility and access

• Densely Populated trade area

• Convenient access

$0.50 NNN’s

Page 4: RETAIL FOR LEASE - LoopNet...Exclusive Leasing Agents MICHAEL PAKRAVAN SVP & National Director, Retail Leasing michael.pakravan@matthews.com DIR (310) 919-5737LIC # 01706065 (CA) MATT

4 I For Lease

Page 5: RETAIL FOR LEASE - LoopNet...Exclusive Leasing Agents MICHAEL PAKRAVAN SVP & National Director, Retail Leasing michael.pakravan@matthews.com DIR (310) 919-5737LIC # 01706065 (CA) MATT

Matthews I 5

SURROUNDING NATIONAL TENANTS

Subject PropertyE 7TH STREET ±15,000 VPD

Page 6: RETAIL FOR LEASE - LoopNet...Exclusive Leasing Agents MICHAEL PAKRAVAN SVP & National Director, Retail Leasing michael.pakravan@matthews.com DIR (310) 919-5737LIC # 01706065 (CA) MATT

6 I For Lease

LO N G B E AC H , C A L I F O R N I A

TO P E M P LOY E R S

E C O N O M Y Long Beach is a vibrant urban center with miles of beautiful beaches and all of the major amenities of a major city. As a growing commercial, cultural, and tourism center, the population is expected to grow with over 5,000 residential units planned or under construction. Downtown Long Beach has become one of Southern California’s prime real estate markets.

Long Beach is the nation’s primary gateway for international trade. The combined ports of Long Beach and Los Angeles are the fifth-busiest in the world, receiving over forty percent of goods entering the United States do so via the ports.

C A L S TAT E LO N G B E AC HCalifornia State University, Long Beach - also known as Long Beach State - is the third-largest campus of the 23-school California State University system, and one of the largest universities in the state of California by enrollment. Long Beach State is one of the West Coast’s top universities in terms of student body racial diversity, and is also home to the largest publicly funded art school west of the Mississippi. Cal State Long Beach is a huge economic engine for the Los Angeles region and generates a total impact of $1 billion on the regional and statewide economy. The University sustains more than 9,300 jobs in the region and statewide more than 9,500 jobs.

PORT OF LONG BEACH

PIER OF LONG BEACH

Strategically located between Los Angeles and Orange County, Long Beach is the 6th largest city in the State of California and one of the fastest growing metropolitan economies in Southern California. Long Beach has a population of more than 485,000, which is projected to increase 15.2% by 2040, adding an additional 78,000 people to its city limits. Residents benefit greatly from Long Beach’s central location and accessibility to the surrounding employment hubs of Los Angeles and Orange County. Over one million jobs are accessible within a 30-minute commute.

Since August 2016, Long Beach has seen 4,600 jobs added to the market, bringing its employment base to nearly 230,000. Long Beach has an unemployment rate of 5.9%, with job growth projected to increase 37.1% over the next ten years. A mix of diverse industry sectors, particularly Commerce, Aerospace and Defense, and Medical and Health Services have continued to drive employment growth for Long Beach and the Greater Southern California region.

Page 7: RETAIL FOR LEASE - LoopNet...Exclusive Leasing Agents MICHAEL PAKRAVAN SVP & National Director, Retail Leasing michael.pakravan@matthews.com DIR (310) 919-5737LIC # 01706065 (CA) MATT

Matthews I 7

Subject Property

Subject Property

LOCAL MAP

REGIONAL MAP

Page 8: RETAIL FOR LEASE - LoopNet...Exclusive Leasing Agents MICHAEL PAKRAVAN SVP & National Director, Retail Leasing michael.pakravan@matthews.com DIR (310) 919-5737LIC # 01706065 (CA) MATT

8 I For Lease

This Leasing Package contains select informat ion pertaining to the business and af fa i rs of Property located at 2290 E 7th Street | Long Beach, CA (“Property” ) . I t has been prepared by Matthews Real Estate Investment Services. This Leasing Package may not be al l - inclusive or contain a l l of the informat ion a prospect ive lessee may desire. The informat ion contained in th is Leasing Package is conf ident ia l and furnished solely for the purpose of a review by a prospect ive lessee of the Property. The mater ia l is based in part upon informat ion suppl ied by the Owner. Owner, nor their of f icers , employees, or agents makes any representat ion or warranty, express or impl ied, as to the accuracy or completeness of th is Leasing Package or any of i ts contents and no legal l iabi l i ty is assumed or shal l be impl ied with respect thereto. Prospect ive lessees should make their own project ions and form their own conclusions without rel iance upon the mater ia l contained herein and conduct their own due di l igence.

Owner and Matthews Real Estate Investment Services expressly reserve the r ight , at their sole discret ion, to reject any and al l expressions of interest or of fers to lease the Property and to terminate discussions with any person or ent i ty reviewing this Leasing Package or making an of fer to lease the Property unless and unt i l a lease has been ful ly executed and del ivered.

In no event shal l a prospect ive lessee have any other c la ims against Owner or Matthews Real Estate Investment Services or any of their af f i l iates or any of their respect ive of f icers , Directors , shareholders, owners, employees, or agents for any damages, l iabi l i ty, or causes of act ion relat ing to th is sol ic i tat ion process or the market ing of the Property.

This Leasing Package shal l not be deemed to represent the state of af fa i rs of the Property or const i tute an indicat ion that there has been no change in the state of af fa i rs of the Property s ince the date this Leasing Package.

CONFIDENTIALITY & DISCLAIMER STATEMENT

2290 E 7th Street I Long Beach, CAF O R L E AS E

Exclusive Leasing Agents

MICHAEL PAKRAVANSVP & National Director, Retail Leasing

michael [email protected] (310) 919-5737LIC # 01706065

MATT SUNDBERGLeasing Associate

matt [email protected] (949) 777-5991LIC # 02052540 (FL)