* Trophy Retail Center Investment – Few retail strip center assets come to market in Orange County, let alone in the highly-coveted, affluent master-planned community of Foothill Ranch, making Foothill Plaza an extremely rare and compelling investment opportunity
* National and Regional Brand Tenancy – 100% leased to a synergistic mix of tenants with national, regional, and local brands including Round Table Pizza, The UPS Store, Orangetheory Fitness, and Thai Garden
* Stabilized Tenancy, Recent Lease Extensions – With strong historical occupancy, many tenants since 2008 and others nearly 8 years and more, and long-term leases in place with two recent lease extensions for 7 and 5 years, Foothill Plaza’s tenancy is stable with 3.82 years weighted-average lease term (WALT)
* Strong Income Growth – Through scheduled rental increases and rolling below-market rents to market, the NOI is projected to increase more than $232,100 (44%) over the hold period with a 3.7% compound annual growth rate (CAGR)
* Highly Affluent, South Orange County Demographics – 7,400+ people with AHI exceeding $176,700 within 1-mile, 99,000+ with AHI exceeding $192,100 within 3-miles, and 227,200+ with AHI exceeding $189,500 within 5-miles