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The subject offering presents an extremely rare opportunity for an investor to acquire a high profile, irreplaceable Walgreens (14-years remaining on the original term with 5% rental increases every 5 years) in the heart of one of South Orange County' s premier retail developments, Santa Margarita Town Center. The subject property is located at the southeast corner of Santa Margarita Parkway and Las Flores (53,700 vehicles per day at the signalized intersection) in the affluent trade area with the average hold income in excess of $126,000 and a total population of over 212,000. Walgreens (82% of the property' s current income stream) is accompanied by Pacific Dental and Great Clips, who are the original tenants in the building. Pacific Dental and Great Clips are strong seasoned tenants featuring 3% annual increases their rent schedule. Both co-tenants are currently paying below market rent, providing upside for the buyer if the tenants vacate. The offering benefits directly from the unmatched synergy and cross-over shopping created in this dominant center.
Price Upon Req.106,920 SF
The subject offering presents an extremely rare opportunity for an investor to acquire a high profile, irreplaceable shopping center in the heart of one of South Orange County' s premier retail developments, Plaza El Paseo in Rancho Santa Margarita Town Center. Plaza El Paseo is the centerpiece to the Santa Margarita Town Center (anchored by Target, Cinepolis, Trader Joe' s, Walgreens and Big 5 Sporting Goods) and Plaza Antonio (anchored by Pavilions and CVS Pharmacy) in an affluent trade area where the average household income is in excess of $126,000 and the total population is over 212,000. Plaza El Paseo is a 100% leased, one-of-a-kind center anchored by Kohl' s Department Store (NAP), Bed Bath & Beyond, and BevMo!. The subject property provides the buyer a once-in-a-lifetime opportunity to own an architecturally inspiring shopping center that captures the vision of the Town Center originally laid out by the Rancho Mission Viejo Company. The Asset benefits directly from the unmatched synergy and cross-over shopping created in this dominant center. Over 50% of the net operating income is derived from national and regional tenants providing a stable and diverse income stream.
Great retail on PCH near heart of town. Highly visible location on El Camino Real in San Clemente. Current tenants have done multiple upgrades to the interior including installing ADA bathrooms, locker room/showers, upgrading the flooring, and installing a heated yoga studio. All improvements are approved by the city including complete asbestos removal done in 2012. 4 years remain on a 7 year NNN lease with 5% rental increases per year. 2016 Net Income = $46,308 PLEASE DO NOT DISTURB TENANTS.For further information please call Josh Cunningham (949)373-8620
Centrally located in Laguna Beach, this approximately 1150 sq ft retail space with large 3 Bed/1 Bath detached apartment, fronts the ocean side of South Coast Highway. Apartment entrance is off of sleepy hollow lane and has a small ocean view. Property is adjacent to Pacific Edge Hotel and across the street from the Holiday Inn. Very close proximity to 100' s of hotel and luxury vacation rentals and less than 100 yards to the beach access on Cleo St. Current tenants are month to month. This is an excellent opportunity for redevelopment or an owner-user to live/work at a single location in the heart of Laguna Beach. Gross Rent is $5390 for the entire building. Please do not disturb the tenants.Ocean side of S. Coast Highway just north of Cleo St in Laguna Beach.
Price Upon Req.3,400 SF
For Sale: Restaurant/Night Club "Open for Business" Licensed Full Serviced Bar, Operating Kitchen, Private Office, Disc Jockey Booth, Stage, Tables and Chairs.
* Private parking* Motivated seller
Faris Lee Investments is pleased to offer for sale the fee simple interest (land & building) in a freestanding, single tenant, investment grade, corporate guaranteed, triple net (NNN) leased, Rite Aid, located in the affluent Southern California city of Laguna Woods (Orange County). The tenant, Rite Aid, has a long-term (20-year) lease (approximately 4 years remaining on initial term)with 6 (5-year) options to extend featuring rental increases at the beginning of each extension period. The subject property' s next potential rent increase is in April-2019 and every 5 years thereafter, which generates steady NOI growth and hedges against inflation. Rite Aid Corporation is a publicly traded company (NYSE: RAD), ranked BB- by S&P and #118 in Fortune 500 (June 2014). Rite Aid operates more than 4,587 stores in 31 states across the United States and in the District of Columbia. Rite Aid had 2014 revenue of $25.526 billion, a net income of $249.414 million, and $6.945 billion in assets.
Price Upon Req.Size Upon Req.
For Sale! A family owned Party Supply business. The business specializes in all Inflatable jumpers with combo slides for the amusement and entertainment industry. The business provides clients with the best quality and variety of inflatable bounce house rentals and food concessions that the party industry supplies. Family own business has been happily servicing Orange County for the past 15 years. The most popular jumpers are, combo units, moonwalks and slides all crafted for maximum durability. The business has a large variety of jumpers with theme characters settings, water slides, obstacle courses, and dunk tanks. Stay home Mom's, Students or looking extra income, let's get your new business started now and become your own boss. The best thing is that you can run this business from home and don't have to worry about leasing an expensive retail space or being committed to long term lease that eats away your net proceeds. Contact: Tom Gonzalez for more 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
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THIS IS FOR THE BUSINESS OPPORTUNITY ONLY. ON TELEVISION! MILLIONS OF VIEWERS - Myriad Services Provided - Turnkey! Currently being featured on a nationwide syndicated show on cable television! If you have your eye on television appearances or want to team up with a Company with an "in" for the entertainment industry, this is your ideal acquisition target! Will entertain partial sale or equity buy-in's etc...subject to Seller approval and general feel-good after personal meetings. This is a fully compliant, clean books and records construction and property management firm that is in turnkey condition for a strategic buyer looking to gobble up market share. Could also be a suitable acquisition target for someone with relevant industry experience who would like a fully staffed turnkey operation with exceptional good will and a superior talent grab for many construction related activities. Current services include concrete work, kitchen and bath counter tops and cabinetry, door and window maintenance and installation, flooring repair and installation, general contractor services, painting, plumbing, HVAC, landscaping, plumbing, and miscellaneous building improvements.