Grocery Anchored Investment Opportunity

For Sale

644 Redondo Avenue, Long Beach, CA 90814

This Long Beach property for sale is located at 644 Redondo Avenue. The current listed sale price for Grocery Anchored Investment Opportunity is $12,000,000. Grocery Anchored Investment Opportunity is situated on a lot that is 2.27 acre in size.

Contacts

Dave O'Connell

CBM1

Property Details

  • Property Type Retail
  • Property Size 34,899 SF
  • Units 8
  • Lot Size 2.27 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated Jun 26, 2026
Grocery anchored shopping center at Redondo Avenue + 6th Street, just south of a major signalized intersection at 7th Street + Redondo in prime Long Beach. Redondo Avenue runs through one of the densely populated regions of greater Long Beach, offering access to an active customer base drawn from established neighborhoods and multifamily communities surrounding the property. The location is conveniently accessible from Pacific Coast Highway and major thoroughfares connecting the broader South Bay and Gateway Cities. Nearby schools, parks, and employment centers typifies financially solid demographics offering a reliable source for ongoing retail patronage.Net Lease Investment Opportunity in Prime Long Beach. Situated on a multi-acre lot, this 34,899 SF neighborhood center is anchored by Smart & Final, joined by Subway and a mix of service and restaurant tenants, adjacent to Unleashed by Petco. The high-visibility property resides along Redondo Avenue, an active north-south thoroughfare, serving the surrounding densely populated residential neighborhoods of southeast Long Beach. The high-volume sales grocery anchor attracts consistent daily consumer traffic, further complemented by a necessity-based tenant mix proven to generate repeat visits. Easily accessible with ample parking in the sprawling on-site lot, the property is a convenient retail destination, popular among area residents. An outstanding opportunity for commercial property investors looking to add a stable, needs-based asset in an established trade area with a nationally recognized anchor, strong local demographics, and long-term upside to their CRE portfolio.
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Highlights

  • $344 Per Square Foot
  • 34,899 SF Neighborhood Shopping Center in Prime Long Beach
  • Below Market Rents
  • Convenient Access with Ample On-Site Parking
  • Established Grocery Anchor with Strong Sales
  • Great Visibility Location Along Redondo Avenue, a Primary North-South Thoroughfare
  • Grocery Anchor Coupled with Necessity-Based Tenant Mix Proven to Generate Consistent Consumer Visits
  • Serves Densely Populated Surrounding Residential Community
  • Shadow-Anchored by Petco Unleashed
  • Smart & Final Anchor Bolstered by Subway and a Mix of Service and Restaurant Tenants
  • Strong Local Demographics with Long-Term Upside

Getting around

  • 94/100

    Walk Score ®

  • 46/100

    Transit Score ®

  • 67/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Long Beach, CA
  • Neighborhood Bluff Heights
  • Zip Code 90814
  • Market Los Angeles

Points of Interest

  • 5th Street

    2.16 miles

  • Anaheim Street

    2.22 miles

  • Pacific Coast Highway

    2.39 miles

  • Pacific Avenue

    2.42 miles

  • Wardlow

    4.04 miles

  • Del Amo

    6.11 miles

  • Calico Station

    9.96 miles

  • Chevron

    0.07 miles

  • SB gas

    0.09 miles

  • ARCO

    0.16 miles

  • Mobil

    0.55 miles

  • Arco

    0.77 miles

  • Blink Charging Station

    1.24 miles

  • Vons 3076 Fuel Station

    1.42 miles

  • USA gas

    1.65 miles

  • 76

    1.72 miles

  • Speedway Express

    1.76 miles

  • (parking for playhouse)

    1.16 miles

  • Long Beach Transit

    1.17 miles

  • Current Parking Lot

    1.33 miles

  • parking structure

    1.60 miles

  • P2

    1.62 miles

  • Lot 7 staff

    1.68 miles

  • Lot 10

    1.70 miles

  • Lot 3 Staff

    1.73 miles

  • "JJ"

    1.74 miles

  • Lot 1

    1.77 miles

  • 39 Grade

    0.05 miles

  • Jim's Burgers

    0.16 miles

  • Taishi Kitchen

    0.20 miles

  • Granny's Donuts

    0.21 miles

  • Domino's

    0.22 miles

  • Taqueria La Mexicana

    0.23 miles

  • Holé Molé

    0.23 miles

  • Rivera's

    0.34 miles

  • Thai BBQ

    0.41 miles

  • Popeyes

    0.43 miles

  • Smart & Final Extra!

    0.02 miles

  • Ralphs

    0.39 miles

  • Factory 2-U

    0.47 miles

  • Total Fashion

    0.47 miles

  • Food 4 Less

    0.49 miles

  • La Bodega

    0.65 miles

  • Big Saver Food

    0.72 miles

  • Northgate Market

    0.91 miles

  • Vons

    1.05 miles

  • Marshalls

    1.31 miles

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