310-407-2120
17020-17150 Magnolia St, Fountain Valley, CA for Sale
Restaurant - FOR SALE
1/5
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17020-17150 Magnolia St
Fountain Valley, CA 92708


HIGHLIGHTS

  • TOP-PERFORMING GROCER & DRUG ANCHORED CENTER
  • STRONG LEASING ACTIVITY SHOWCASES CENTER STRENGTH AND NOI GROWTH
  • DIVERSE, DAILY-NEEDS SHOPPING CENTER
  • RESILIENT TENANT ROSTER
  • IRREPLACEABLE FREEWAY ADJACENT CENTER
  • DENSE, AFFLUENT POPULATION AND GROWTH

OVERVIEW

Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire Warner Marketplace, a 61,540 square foot top-performing grocery and drug-anchored center in the heart of Orange County. Adjacent to the cities of Huntington Beach, Westminster and Costa Mesa, the Property is located just off the 405 Freeway and sits adjacent to State Route 39. The Property benefits from high visibility with traffic counts of ±391,000 VPD at the junction of Magnolia St., Warner Ave. and the 405 Freeway. Current tenants include Aldi, CVS (NAP), US Bank (NAP), Goodwill, and a collection of shop tenants. The Property benefits from strong curb appeal with its 2019 renovation and 2022-2023 upgrades, which included new building facades and painting. Additionally, current Ownership invested further capital into the Property by means of an asphalt grind & overlay coupled with a fresh parking lot slurry seal, signage upgrades, roof replacement, and exterior painting, all completed as recent as 2024.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Warner Marketplace

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Convenience Store, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

310

LAND DETAILS

CROSS STREETS

Warner

LAND ACRES

5.83 AC

LAND SF

253,955 SF

ZONING

C1

APN/PARCEL ID

167-141-07

ASK ABOUT THIS PROPERTY

Bryan LeyJLLMore Info
310-407-2120

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Bryan LeyJLLMore Info
310-407-2120

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.