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


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