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FOR LEASE 3401 Cherry Avenue | Long Beach, CA 90807

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FOR LEASE3401 Cherry Avenue | Long Beach, CA 90807

Exclusive Leasing Agent

MICHAEL PAKRAVANSVP & National Director, Retail Leasing

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

AMANDA DAVISAssociate, Retail Leasing

[email protected] (310) 955-1782LIC # 02040110 (CA)

Matthews I 3

• Located two blocks from the 405 freeway which sees over 290,000 ADT

• Cherry Avenue benefits from over 41,000 ADT

• Great corner visibility and strong tenant mix

• Located across from Boeing Long Beach Fitness which is open 24 hours for Boeing employees and retirees

• Dense industrial area - location benefits from several large companies in the area including Boeing, Mercedes Benz, and the new HillCrane Services main office

• High average household income in a one mile radius - $108,812

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

S I Z E R E N T / S F

1,250 Sq Ft $3.25 + $1.14 NNN

1-MILE DEMOGRAPHICS

Drive - Thru

3 4 0 1 C H E R RY AV E N U ELO N G B E AC H , C A 9 0 8 0 7

The Space

8,776

POPULATIONAVERAGE

HOUSEHOLD INCOME

$108,812

NUMBER OFHOUSEHOLDS

3,402

4 I For Lease

I N T E R I O R P H OTO S

Matthews I 5

SURROUNDING AREA

> HillCrane Services is building a 2 acre facility to be their new main office

> Located 0.4 miles from the Boeing Company, which employs over 4,000

> Located across the street from the Boeing Long Beach Fitness Center, serving Boeing Staff and Employees

6 I For Lease

SURROUNDING NATIONAL TENANTS

Subject Property

Matthews I 7

Subject Property

Subject Property

LOCAL MAP

REGIONAL MAP

HOUSEHOLDS 1 Mile 3 Mile 5 Mile

2022 Projection 3,503 95,049 226,773

2017 Estimate 3,402 91,750 218,711

2010 Census 3,311 88,229 210,055

Growth 2017 - 2022 2.97% 3.60% 3.69%

INCOME 1 Mile 3 Mile 5 Mile

2017 Est. Average Household Income

$108,812 $75,108 $80,452

DEMOGRAPHICS

POPULATION 1 Mile 3 Mile 5 Mile

2022 Projection 9,057 293,278 658,539

2017 Estimate 8,776 283,632 636,340

2010 Census 8,507 273,332 612,552

Growth 2017 - 2022 3.20% 3.40% 3.49%

The Area Long Beach is the second largest city in the Los Angeles metropolitan area, and the third largest in Southern California

behind Los Angeles and San Diego. With a location along the southern coast of Los Angeles county, it is one of the most active maritime cities in the United States.

The “Aquatic Capital of America” features the Port of Long Beach, one of the world’s largest shipping ports. With trade valued over $180 billion annually, it serves as a foundation for over 30,000 jobs in Long Beach, 316,000 in Southern California, and 1.4 million throughout the nation. The city is also home to California State University, Long Beach, which serves nearly 40,000 students and 3,000 employees.

Local attractions include the Queen Mary, Long Beach Museum of Art, the Bob Cole Conservatory as well as the world-renowned Aquarium of the Pacific.

LO N G B E AC H , C A

AQUARIUM OF THE PACIFIC

Situated on a 5-acre site, the Aquarium of the Pacific is home to over 11,000 animals including a shark lagoon, a lorikeet forest, penguins and sea lions. Visited by over 1.5 million people per year, the diverse marine center offers shows, petting areas, dining and more.

AT T R AC T I O N S

THE PIKE Located in downtown Long Beach, The Pike Outlets is a vibrant dining and entertainment district linking the Long Beach Convention Center to Rainbow Harbor’s waterfront and the Aquarium of the Pacific. The tourist oriented development has a large number of restaurants, a movie theater, artwork, beach attractions, arcades and even a large Ferris wheel.

THE QUEEN MARY The RMS Queen Mary is a retired ocean liner that sailed primarily through the North Atlantic between 1936 and 1967. The ship started out as a British express service and was later used as a troopship during World War II ferrying alliedsoldiers throughout the war. Today, the ship serves as a tourist attraction permanently moored in the port of Long Beach and is a museum that offers restaurants, hotel rooms, events and even haunted tours.

TO P E M P LOY E R S

Long Beach is a vibrant urban center with miles of beautiful beaches with all of the major amenities of a major city. Long beach is a growing commercial, cultural and tourism center. And 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 5th busiest in the world. Over forty percent of goods entering the United States do so via the ports.

E C O N O M Y

10 I For Lease

This Leasing Package contains select informat ion pertaining to the business and af fa i rs of Property located at 3401 Cherry Avenue, Road 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

3401 Cherry Avenue Road I Long Beach, CAF O R L E AS E

Exclusive Leasing Agent

MICHAEL PAKRAVANSVP & National Director, Retail Leasing

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

AMANDA DAVISAssociate, Retail Leasing

[email protected] (310) 955-1782LIC # 02040110 (CA)