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5354 2nd StLong Beach, CA 90803
2nd & Santa Ana in Belmont Shore
Asset ClassOffice, Retail
overview of deal

Overview

Located at the iconic intersection of 2nd Street and Santa Ana Avenue in the heart of Belmont Shore, 5354 E. 2nd Street represents a rare, generational investment opportunity in one of Southern California’s most vibrant coastal retail corridors.

 

This trophy corner property is fully leased to two high-performing tenants — South of Nick’s Mexican Kitchen + Bar and KAL Capital Markets — both operating under new, long-term NNN leases with corporate guarantees. The building has been fully entitled for a full-service restaurant with a Type 47 liquor license and has undergone a comprehensive renovation including a new roof, façade, HVAC systems, 1,000-amp electric, and upgraded infrastructure throughout.

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Investment Highlights

  • 15-Year Lease with South of Nick’s
  • 5-Year Lease with KAL Capital
  • Fully Entitled for full-service restaurant w/ Type 47 liquor license
  • Corporate Guarantees from Nickco Hospitality and KAL Capital
  • Significant capital improvements: New roof, HVAC, façade, storefront, grease trap, parking lot, 1000-amp panel
  • Rare On-Site Parking: 21 deeded spaces on property
  • Architectural Distinction: Historic Spanish Colonial Revival w/ designated preservation
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5354 2nd StLong Beach, CA 90803

Sales Team

Bill AsherExecutive Vice President

License #: CA Lic. #01318078

844.585.7684basher@hanleyinvestment.com
Kevin FrymanExecutive Vice President

License #: CA Lic. #01321833

844.585.7674kfryman@hanleyinvestment.com
Jeff LefkoExecutive Vice President, Partner

License #: CA Lic. #01942025

844.585.7682jlefko@hanleyinvestment.com
Nathan HolthouserSub-Market Expert

License #: CA Lic. #01838616

949.229.2273nathan@coastalcommercial.com
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Listing provided by Revere CRE