Asking Price Contact for pricing
NOI Net Operating Income
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 1989
Building Area

Property Description

JLL, as an exclusive advisor, is pleased to present the opportunity to acquire Marina Plaza, a 32,757 SF shopping center located on Pacific Coast Highway in Long Beach, California. Currently 90.84% leased to a diverse mix of daily needs and internet resistant retailers, the center provides in-place cash flow with significant NOI growth via lease up and mark to market of the existing below market rents all within a highly sought after coastal submarket.

Investment Highlights

  • Significant Mark to Market Opportunity
  • Generational Opportunity to Own A Core Coastal Asset
  • Highly Affluent Trade Area with Excellent Tourism Draw
  • Highly Visible Location with Excellent Accessibility
  • Roaring Suburban Daytime Population
  • Opportunity to Acquire 32,757 SF of an Attractive Basis
  • Delivered Free and Clean
Last Updated Date: 26 May 2021
Daniel Tyner
Daniel Tyner
Director, Capital Markets
License details
CA-01959818
Gleb Lvovich
Gleb Lvovich
Managing Director, Capital Markets
License details
CA-01496699

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Last Updated Date: 26 May 2021

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