Pride of ownership retail commercial investment in the Heart of Irvine. Culver & Barranca / Signalized Hard Corner location. High barrier of entry for investors & retail tenants. Value Add Opportunity / Redevelopment. Potential to go vertical and build 2 stories and triple the square footage from 12,500 SF to 45,000 SF. Below market current rents. Two-Tenant income stream for the next 7.5 years from Mimi's Café and Islands. Potential early termination of tenants with buy-out.
This rare corporate coastal asset is being offered at a 4.25% cap rate. The brand new 10 year corporate lease shall commence upon opening, which is expected to be in mid-April 2016. There are two options to extend the term of the lease for a period of 5 years. The total rent for the first year of the Lease is $236,346. There are 10% increases every 5 years. The property is conveniently located just off the 405 Freeway across from Bella Terra. This site offers great visibility and access in the premier retail area of Huntington Beach, on Beach Blvd & Edinger Avenue.
Brett Cervantes of Paul Kott Realtors, Inc. Commercial Division is pleased to present a free-standing retail/medical zoned office building consisting of approximately 4,404-square feet of building situated on a 16,150-square foot lot. This offering represents an opportunity for an investor or owner/user to purchase a CG (General Commercial) zoned property. Originally built in 1964, the building is constructed of wood-frame, stucco, and brick, offers five restrooms of which two are ADA compliant, and maintains several private offices and rooms. There are two electric meters one for each building and four A/C units located on the roof plus an approximate 250 square foot refrigeration unit. The parking ratio is 5.2:1 or 23 parking spaces, which allows for most retail and medical office uses. A buyer may obtain a parking waiver from the city should the medical use be intensive.
7 units mixed-use property. 4 apartments / 3 retail units. 100% occupied with all month-to-month long term tenants. Newer roof, parking lot, paint and plumbing upgrades. Upside Potential!Seller is licensed real estate Broker.Good location in downtown Anaheim, CA.
* OWNER/USER OR INVESTOR OPPORTUNITY * 47% VACANCY AND SHORTER TERM BELOW MARKET LEASES PROVIDE AN OWNER/USER A FLEXIBLE FLOORPLAN WITH COST SAVINGS VS LEASING * PROVIDES AN INVESTOR REALISTIC AND IMMEDIATE UPSIDE * BELOW REPLACEMENT COST * POTENTIAL EXPANSION CAPABILITY - UP TO 10,000 SF * ABUNDANT PARKING RATIO INCLUDING SURFACE AND SUBTERRANEAN PARKING STRUCTURE
58 Parking 16 Units 3 stories 100% leased with grade A tenants. Building has a diverse tenant mix of Medical, Real Estate related companies and Law Firms. The Brea Center building is located on the State College Blvd, just west of the Major freeway of 57. Right across from the famous Brea Mall Shopping Center. (1) Irreplaceable location on State College Blvd and Imperial Hwy, close to 57 freeway. Walking distance from Brea Mall Shopping Center, as well as minutes from Cal. State Fullerton University and DownTown Fullerton. (2) Highly visible building with 3 floors over parking. (3) Private and Secured parking property. (4) Over thousands of Retail, Restaurants, and Hotels within 3 miles or less.
Neighborhood Market, beer and wine license included, lottery, Thrifty Ice Cream, money gram, etc. Inventory NOT included. Price very "soft" please call for any further information.
FABULOUS MIXED USE RETAIL/RESIDENTIAL BUILDING ON BEAUTIFUL BALBOA ISLAND. Undoubtedly the finest building on Balboa Island's Marine Ave. This outstanding building has five retail shops and three wonderful apartments with garages, on a rare double lot. It is within a block and half of the bay on both the north and south sides of the Island. Balboa Island is one of California's most visited beach communities with tourist coming from all over the country and is a year round tourist destination. Many of the rents are substantially below current market rate so there is room for an upside return. This is an extremely rare opportunity to purchase a mixed use property on Balboa Island
Excellent visibility freestanding two story building situated on Beach Blvd. near Buena Park City Hall and police station. Subject building comes with spacious parking lot, easy access from Beach Blvd., easy access to 5 freeway and 91 freeway, the source development project near subject building. Currently both units are occupied by tenants (skin care and massage business) but 2nd floor tenant can be vacated before close of escrow. Drive by only.