$1,595,000

1960 Santa Fe Avenue, Long Beach, CA 90810

  • 3,188 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1945
  • Property Lot Size Icon9,148sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $500/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

The Azzi Group at Marcus & Millichap is pleased to present the exclusive offering of a 7-Eleven located at 1960 Santa Fe Avenue in Long Beach, California. This high-performing retail asset is secured by an absolute NNN lease with a franchisee guarantee, requiring no landlord responsibilities7-Eleven is fully responsible for taxes, insurance, and all maintenance. The property occupies a prominent signalized hard corner with excellent visibility and strong traffic exposure along Santa Fe Avenue. Located in a dense urban corridor, the site benefits from a proven operating history and is surrounded by national and regional tenants, residential housing, and local schools. With over 300,000 residents within a five-mile radius, the area drives steady foot traffic and supports long-term retail performance. This offering provides stable, long-term income with 5.5 years remaining on the base lease term and two five-year renewal options. Effective January 2026, the annual rent will increase to $106,800, further enhancing cash flow and yield. Combining passive income, strong demographics, and a prime Long Beach location, this investment offers secure returns and long-term upside in one of Southern California's most supply-constrained markets.

Listing Status:
Active
Date Added:
July 8, 2025 at 05:00AM
Listing Office:
Tony Azzi : 310-909-5454
Listing Agent:
Tony Azzi : 310-909-5454
MLS ID:
CL25562133
  • County: Los Angeles
  • Zoning: LBCC7431019019

This listing courtesy of Tony Azzi, Tony Azzi

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Garfield Elementary School

2240 Baltic Ave, Long Beach, CA, 90810

Grades KG-5

0.37 miles away

E

Elizabeth Beth Hudson K - 8 School

2335 Webster Ave, Long Beach, CA, 90810

Grades KG-8

0.54 miles away

C

Cabrillo High School

2001 Santa Fe Ave, Long Beach, CA, 90810

Grades 9-12

0.07 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.