Corporate NNN Leased Investment For Sale: United Rentals, Long Beach, CA 90805

Prime 1.73-Acre Industrial Real Estate Asset with High-Yield 6.90% Cap Rate at a Major Signalized Intersection

SRS National Net Lease Group is pleased to present a premier institutional acquisition opportunity situated within the dense, supply-constrained Los Angeles industrial market: 2635 E South St, Long Beach, CA 90805. Offered at a purchase price of $7,300,000, this highly sought-after net leased investment features an exceptional 6.90% Cap Rate yielding a stable, predictable Net Operating Income (NOI) of $504,300.

The property represents a fee simple interest acquisition (land and building ownership) of a 1.73-acre industrial site featuring a 3,000 SF Gross Leasable Area (GLA) industrial equipment facility. Occupied by world-class tenant United Rentals, the asset offers the ultimate vehicle for a passive investor or a 1031 exchange buyer seeking immediate, tax-deferred cash flow secured by a credit-worthy tenant in a tier-one Southern California location.

Secure Corporate Lease Fundamentals & Built-In Inflation Hedges

In today’s macroeconomic climate, savvy commercial real estate investors look for strong tenants combined with built-in protections against inflation. This United Rentals asset delivers both:

• Established Rental History & Remaining Term: United Rentals has over 4.5 years remaining on their current lease term, demonstrating a long-term commitment to this specific site. The lease further includes three (3) additional 5-year options to extend, potentially securing the tenant through the next two decades.

• Compounding 2.5% Annual Rental Increases: Unlike flat real estate leases that lose value over time, this lease contract dictates 2.5% fixed annual rental increases during the initial term and throughout all option periods. This compounding feature ensures consistent NOI growth and acts as an aggressive hedge against inflation.

• Absolute Net (NNN) Lease Structure — Zero Landlord Burden: The investment features an absolute NNN lease structure with zero landlord responsibilities. The tenant manages and pays directly for all taxes, insurance, structural maintenance, and property upkeep, providing a true management-free, hands-off income stream for passive out-of-state investors.

Premier High-Visibility Location & Unparalleled Southern California Traffic Metrics

The property commands a strategic position at the cross-section of Long Beach's main industrial and retail transit paths, ensuring permanent land value and asset utility.

• Signalized, Hard Corner Intersection: Located directly at the hard corner of E. South St and Paramount Blvd, the asset benefits from exceptional sightlines, prominent signage visibility, and combined local traffic counts exceeding 56,400 vehicles passing by daily.

• Direct Access to State Highway 91 Main Arterial: The facility is strategically placed with immediate on/off-ramp access to State Highway 91 (Gardena Freeway). This massive regional shipping and commuter vein channels an average of over 277,000 vehicles per day past the local submarket, facilitating rapid equipment transport and customer access across LA and Orange Counties.

• Massive Retail Synergy & Crossover Consumer Gravity: The property sits in close proximity to the sprawling Lakewood Center Mall—a major 2,070,000 SF regional retail power center anchored by retail giants like Target, Costco, Home Depot, Macy’s, and specialized national credit brands including Walmart Supercenter, Starbucks, McDonald’s, CVS Pharmacy, and PetCo. This intense retail cluster creates a dense commercial hub that drives steady traffic to the area.

Financial Summary & Property Specifications

Dominant 5-Mile Trade Area Demographics & Dense Labor Market

The surrounding Long Beach and Lakewood infill submarket features a massive consumer base and a highly active industrial labor pool, backing up the long-term retail value of the land footprint:

• Staggering Population Density: The 5-mile local trade area is supported by a mature population of more than 674,000 permanent residents, ensuring a steady pool of local consumers and home-improvement contractors.

• Robust Daytime Employment Base: A dense professional environment surrounds the asset, with over 236,000 active daytime employees working within a 5-mile radius, providing a strong B2B customer pipeline for United Rentals' commercial equipment division.

• Affluent Local Household Economics: Residents living within the immediate 5-mile radius of the property boast an affluent average household income of $105,046, significantly outpacing national averages and proving the strength of the local economy.

Core Investment Highlights & Acquisition Advantages

Net Lease Valuation Strategy: Finding an industrial net lease asset with a corporate tenant on nearly 2 acres of land in Los Angeles County under a 7% cap rate is exceptionally rare. Given the extreme scarcity of industrial outdoor storage (IOS) and equipment yards in the LA Basin, this property offers incredible intrinsic land value. It is a highly defensive real estate play for 1031 exchange buyers seeking steady growth with minimal downside.

• Corporate Security from an Industry Leader: Lock in a highly dependable income stream backed by United Rentals, an established powerhouse and the largest equipment rental company in the world.

• Hands-Off Passive Ownership Model: Protect your time and cash flow with a clean NNN lease structure that clears you of all property management, maintenance bills, or repair projects.

• Guaranteed Compounding Income Growth: Build your portfolio equity seamlessly using fixed 2.5% annual rent bumps that elevate your yield year after year.

• Infill Southern California Land Position: Secure a valuable 1.73-acre hard-corner footprint in Long Beach, featuring excellent proximity to Highway 91, dense populations, and premier retail power centers.

Contact our investment sales team today to access the complete property offering memorandum, review official title documents, inspect the current lease agreement, or schedule a secure private assessment of this premier Long Beach NNN corporate asset.