VVRG is pleased to announce the successful lease up of a high vacancy center totaling 4,346/SF. The subject site consisted of three vacancies with inline shopfront retail and a partially fire damaged 2nd generation restaurant. The subject property was leased at exceptional market rents signaling a strong retail recovery since the pandemic shutdowns. Located in one of the most unique pockets of Long Beach, known as “Retro Row”, the corridor boasts nearly 100 independently owned and operated stores that you simply won’t find anywhere else. The center sits at a signalized intersection (4th Street & Temple Avenue) a main entry point to the Retro Row corridor. This submarket offers close proximity to the East Village Arts District, Downtown Long Beach and Belmont Shores. Tenants stand to benefit from 28 surface parking spaces dedicated for customer parking and immediate grab-and-go retail concepts. The 2.5:1,000/SF parking ratio allows the center to have a wide variety of serviced-oriented tenants under the LB-CNR zone. Current occupancy is dedicated as follows, 27% for service-oriented, and 73% for product-oriented tenants.
2741-2743 E 4th St, Long Beach, CA 90814
2741-2743 E 4TH STREET, LONG BEACH, CA 90814
Use: Retail
Leasable SF: 4,902
Total Land: 11,914
Zoning: LBCNR
Type: NNN Leases
