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.
Property Details
Price:
$1,675,000
MLS #:
25562133
Status:
Active
Baths:
0
Address:
1960 Santa Fe Avenue
Type:
Residential Income
Neighborhood:
11westside
City:
Long Beach
Listed Date:
Jul 8, 2025
State:
CA
ZIP:
90810
Lot Size:
9,287 sqft / 0.21 acres (approx)
Year Built:
1945
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- Address1960 Santa Fe Avenue Long Beach CA
- Area11 – Westside
- CityLong Beach
- CountyLos Angeles
- Zip Code90810
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1960 Santa Fe Avenue
Long Beach, CA
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