Wrigley Marketplace_Property for Sale
Wrigley Marketplace_Property for Sale
141 E Willow St, Long Beach, CA, 90806, US

Wrigley Marketplace

Asset Description

JLL, as an exclusive advisor, is pleased to present the opportunity to acquire Wrigley Marketplace (the “Property”), a 47,680 SF grocery and drug-anchored urban retail center strategically located in Long Beach, California. This transit-oriented shopping center is uniquely positioned next to a metro station and a police station, enhancing its accessibility and security. The Property offers a diverse mix of national and regional tenants, including Albertsons and CVS as anchor tenants (NAP), providing stable income and significant foot traffic. Situated adjacent to Long Beach Memorial Hospital, which generates over 2.4 million annual visitors, the center benefits from strong demographics and daytime population. The property’s ground lease extends through 2083, offering over 58 years of remaining term. Its distinctive location near public transit, law enforcement, and major healthcare facilities sets this property apart in the market.

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Attributes

Building area net
47,680 sf
Year built
2000
Land area gross
5.96 acres
Occupancy
100%
Parking spaces
296

Media

Investment Highlights

  • Rare Coastal Asset with NOI Growth and Strong Demographics
  • Grocery and Drug-Anchored Retail Center Driving Consistent Traffic
  • High-Performing Outparcels with National Tenants
  • Directly Across From Major Hospital Driving Significant Foot Traffic
  • Extremely dense and infill location with Proven Performance
  • Potential Redevelopment Opportunity Alongside Ground Lessor
Wrigley Marketplace 4_Property for Sale
Wrigley Marketplace 4_Property for Sale

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Wrigley Marketplace (0 Properties)

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Last updated
9 May 2025