Warner-Euclid Plaza Retail FOR SALE


Fountain Valley, CA
$13,400,000 USD
949-350-5431
, Fountain Valley, CA for Sale
$13,400,000 USD
Retail - FOR SALE
1/9
null | 6.65% Cap Rate

Warner-Euclid Plaza
Fountain Valley, CA


HIGHLIGHTS

  • Over $41,000,000 in Cash Flow is Projected in the Remaining Lease Term
  • Long-Term Leasehold Investment with Favorable Terms – Low Overall Ground Rent and Excellent Tenant Operating History
  • 100% Occupied Shopping Center Anchored by Stater Bros. – Excellent Curb Appeal with Recent Improvements Completed by Seller and Tenants
  • High-Identity, Signalized, Corner Location at the Intersection of Warner Avenue & Euclid Street – Traffic Counts Exceed 68,900 Cars Per Day
  • Located Directly Across from Fountain Valley Regional Hospital (Recently Acquired by UCI Health) and Mile Square Park, a 640-Acre Regional Park

OVERVIEW

--100% Occupied Shopping Center Anchored by Stater Bros. – Excellent Curb Appeal with Recent Improvements Completed by Seller and Tenants-- --High-Identity, Signalized, Corner Location at the Intersection of Warner Avenue & Euclid Street – Traffic Counts Exceed 68,900 Cars Per Day-- --Located Directly Across from Fountain Valley Regional Hospital (Recently Acquired by UCI Health) and Mile Square Park, a 640-Acre Regional Park & Recreation Center-- --Rare Fountain Valley, CA Retail Offering-- -Long-Term Leasehold Investment with Favorable Terms – Low Overall Ground Rent and Excellent Tenant Operating History Provides for Stable and Sustainable Cash Flow Over the Lease Term -Over $41,000,000 in Cash Flow is Projected in the Remaining Lease Term -Strong Value-Add Opportunity at Stater Bros. Lease Expiration – Current Rent is Well Below Market, Providing the Opportunity to Achieve a 13.90% Cap Rate After Renewing Stater Bros. at Market Rent --Pride of Ownership Property with Strong Real Estate Fundamentals-- -The Subject Property is Located Across from UCI Health – Fountain Valley Hospital and Over 120,000 SF of High Quality, Recently Renovated Medical Offices -Fountain Valley is Home to the U.S. Headquarters for Hyundai, Yakult, Kingston Technology, and Many More Large Companies. The City has Seen a Recent Surge in New Development, Likely Due to its Convenient Location and High Quality Standard of Living -Brand New Roof Systems Recently Installed by Seller | Major Tenants Have Invested Over $1.2 Million in Recent Tenant Improvements, Proving Their Commitment to the Location -Centrally Located and in Close Proximity to the Area’s Major Freeways (405, 55, 5, and 22 Freeways) -Dense, Infill Location with Nearly 720,000 Residents Within a Five-Mile Radius -Strong Average Household Income of $115,186 Within Five Miles – Well Above the National Average

ASK ABOUT THIS PROPERTY

Ron DuongMarcus & MillichapMore Info
949-350-5431

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Ron DuongMarcus & MillichapMore Info
949-350-5431

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