1601 East 7th Street

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1601 East 7th Street

Long Beach, CA 90813
Asking Price
$1.95M
Cap Rate
6.15%
Asset Type
QSR/Fast Food Retail
Class
Class B

What's Special

Rare Sub $2M Price Point | Signalized Hard Corner Drive-Thru in Affluent Long Beach Submarket <ul><li>​<strong>Rare Sub $2 Million Price Point -</strong> The offering provides the rare opportunity to acquire a drive-thru restaurant in the Los Angeles MSA for a listed price below $2 million, well under typical pricing for this asset class.</li><li>​<strong>Above Market 3% Annual Rent Increases -</strong> The lease features above market 3% annual rent increases, offering investors a strong hedge against inflation.</li><li>​<strong>100% Absolute NNN Lease</strong> <strong>Structure -</stron

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NOI
$80,000
Cap Rate
4.10%
DSCR
0.69
Underwater
Cash-on-Cash
-6.12%
Monthly Payment
$9,652.483
Annual Cash Flow
$-35,829.802

Location & Travel Times