2180 Temple Ave
Prime Infill Long Beach Industrial Opportunity
Marketing description
Marcus & Millichap, as exclusive advisor, is pleased to present the opportunity to acquire 2180 Temple Avenue & 2880 Hill Street in Long Beach, California (“The Property”). The offering consists of a masonry-constructed industrial asset totaling approximately 48,191 square feet of highly functional warehouse space—well-suited for owner-users seeking a strategic foothold in one of Southern California’s most supply-constrained infill markets. Positioned atop Signal Hill, the Property offers excellent access, visibility, and functionality, with immediate connectivity to the 405 and 710 Freeways and close proximity to the Long Beach Airport, as well as the Port of Los Angeles and Port of Long Beach—making it ideal for logistics, distribution, and operational users. For owner-users, the Property presents a rare opportunity to control occupancy in a high-barrier-to-entry market while benefiting from in-place income and future flexibility. Approximately 25% of the building is currently leased through August 2028, providing stable cash flow to offset carrying costs, while still allowing a user to occupy the majority of the space immediately or grow into the asset over time. The configuration supports both single-tenant and multi-tenant use, offering optionality to scale operations or maintain supplemental income.
Investment highlights
- Ideal Owner-User Opportunity
- Immediate Usability With Income Offset: Approximately 76% of the building available for near-term occupancy, with ~25% leased through August 2028 providing in-place cash flow to offset carrying costs.
- Flexible Configuration: Supports both single-tenant and multi-tenant use, allowing for phased occupancy, future expansion, or supplemental income.
- Premier Infill Location: Situated atop Signal Hill with excellent visibility and access to major transportation corridors including the 405 and 710 Freeways.
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