19,402 SFPrice Upon Req.
Faris Lee Investments is pleased to offer for sale Foothill Center, a 19,402 square-foot multi-tenant retail shopping center located within the affluent South Orange County city of Lake Forest, California. This offering presents investors the unique opportunity to acquire a retail center in the highly supply constrained market of South Orange County with upside potential through property level enhancements and improvements.
Faris Lee Investments is pleased to offer for sale Shops to Home Depot, a shadow anchored, multi-tenant retail strip located within the affluent South Orange County city of Lake Forest, California. The property is 100% occupied and has a historically strong track record within the Home Depot anchored shopping center, proving the viability of the property' s prime location and access to surrounding office buildings and employees (over 12,000 employees within a 1-mile radius). The subject property is surrounded by a cast of strong retail brands, providing synergy and a strong consumer draw. Adjacent tenants include: Home Depot, 24 Hour Fitness, Shell Gas Station, Valvoline, FedEx Office, Jack in the Box, and El Pollo Loco.
Unique owner/user opportunity with various suite sizes to accommodate an owner/user from 1,000 to 11,794 square feet immediately with additional space which may become available in 2014 & 2015 with building signage. Capitalize on aggressive SBA financing (10% down between 4.0% to 4.25%) or conventional financing (4.25% to 5.0%) with the ability to finance tenant improvements and capital improvements.
Fully air conditioned concrete tilt up building that is clean, open and ideal for showroom. Former uses have included furniture and Automotive showroom. Terrific uses would include school or other niche business.
Marcus & Millichap is pleased to offer for sale a fully built out 2,781 square-foot Medical Dental Condo that includes $250,000 of equipment. Additionally, the Seller will carry all the financing. This was a fully operating dental office with medical spa for over four years and includes all the equipment used to do business. This condo is part of the Foothill Business Park Association that includes 16 separately owned condo buildings, which includes the subject building with eight individual condominium suites. The 10.8 acre Foothill Business Park was a Panattoni development that was completely sold out in 2006. Rancho Dental Med/Spa is in the only building in this development zoned for medical use. Rancho Dental Spa is the largest of the eight condo units in their building, and the only one built-out for medical use. This highly improved class "A" medical condo consists of four partitioned dental exam rooms with views, two enclosed spa rooms (plumbed for dental) that are fully equipped for an Esthetician, a separate consultation suite, kitchen & lunch room, dental lab, x-ray room, formal waiting room, large reception area and an executive office with retreat.