6976 Cherry Avenue

Off-Market

6976 Cherry Avenue, Long Beach, CA 90805

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Industrial - Manufacturing
  • Property Size 149,723 SF
  • Lot Size 9.9 Acre
  • Property Tenancy Owner Occupied
  • Building Class A
  • Year Built 2010

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Long Beach

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Long Beach Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2021 Avg. Asking Rent $30.86
  • 2021 Office Vacancy Rate 15.55%
  • 2021 Office Completions (SF)

Long Beach Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2021 Avg. Price per SF $134.88
  • Y-o-Y Avg. PpSF Change -29.61%
  • 2021 Office Sales Volume $44.9M
  • 2021 Number of Transactions 3
View more Long Beach market trends

Location

Getting Around

  • Walk Score ®

    58/100 Somewhat Walkable
  • Bike Score ®

    53/100 Bikeable
Powered by Walk Score ®
  • City Long Beach, CA
  • Neighborhood Hamilton
  • Zip Code 90805
  • Market Los Angeles

Points of Interest

  • Lakewood Boulevard

    2.64 miles

  • Artesia

    3.24 miles

  • Del Amo

    3.45 miles

  • Compton

    3.51 miles

  • Long Beach Boulevard

    3.90 miles

  • Norwalk

    4.21 miles

  • Wardlow

    4.59 miles

  • Willowbrook/Rosa Parks

    5.24 miles

  • Willow Street

    5.34 miles

  • 103rd Street/Watts Towers

    6.10 miles

  • Mobil

    0.47 miles

  • Chevron

    0.51 miles

  • Petro Bras

    0.56 miles

  • Arco

    0.65 miles

  • Sinclair

    0.65 miles

  • Valero

    1.13 miles

  • 76

    1.36 miles

  • Arco

    1.36 miles

  • Arco

    1.62 miles

  • Chevron

    1.95 miles

  • parking structure

    2.47 miles

  • Lakewood Boulevard Park And Ride

    2.53 miles

  • Parking structure

    2.59 miles

  • Visitor Parking

    2.77 miles

  • staff parking

    3.17 miles

  • Metro Park and Ride

    3.30 miles

  • Metro Park and Ride

    3.46 miles

  • staff parking

    3.53 miles

  • Faculty parking

    3.60 miles

  • parking structure

    3.69 miles

  • Subway

    0.25 miles

  • Taco Bell

    0.33 miles

  • Jack in the Box

    0.46 miles

  • Uptown Bar & Grill

    0.49 miles

  • Lee's Sandwiches

    0.51 miles

  • McDonald's

    0.57 miles

  • KFC

    0.63 miles

  • The Habit Burger Grill

    0.67 miles

  • WaBa Grill

    0.67 miles

  • The Pizza Press

    0.67 miles

  • Target

    0.30 miles

  • Food 4 Less

    0.32 miles

  • Northgate

    0.45 miles

  • Big Saver Foods

    0.74 miles

  • Food 4 Less

    1.39 miles

  • Superior

    1.50 miles

  • Walmart Supercenter

    1.76 miles

  • WinCo Foods

    1.76 miles

  • Fallas

    1.77 miles

  • Superior (market)

    1.78 miles

  • Kindred Hospital Paramount

    0.29 miles

  • Suburban Medical Center

    0.32 miles

  • Mercy Medical Pharmacy

    0.45 miles

  • Pharmacy

    0.47 miles

  • Long Beach Fire Station #12

    0.79 miles

  • Los Angeles County Fire Department Station #31

    1.06 miles

  • Med Post Urgent Care

    1.73 miles

  • Lakewood Open MRI

    1.75 miles

  • Walmart Pharmacy

    1.76 miles

  • Lakewood Regional Medical Center

    1.79 miles

Frequently Asked Questions

What is the total square footage of 6976 Cherry Avenue?

6976 Cherry Avenue totals 149,723 square feet.

When was this property built?

6976 Cherry Avenue was built in 2010.

What is the market value for 6976 Cherry Avenue?

The market value* for 6976 Cherry Avenue in 2022-2023 was $29,656,647.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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