La Palma Collection

7811-7971 Valley View Street, La Palma, CA 90623

Property Description

Price: $14,450,000
Price Per/SF: $605.06
Land Area: ±2.86 Acres (±124,659 Square Feet)
Cap Rate: 5.26%
Gross Leasable Area: ±23,882 Square Feet
Year Built: 1975/2021 (Renovated)

Investment Highlights

Rare Orange County Shopping Center, Recently Renovated with Excellent Curb Appeal

Over 425 Feet of Frontage Along Valley View Street, a Main Retail Thoroughfare with Traffic Counts Exceeding 51,000 Cars Per Day

Extraordinary Demographics – Population Counts Exceed 600,665 Residents Within Five Miles | Average Household Income Exceeds $143,000 Within One Mile and $125,000 Within Five Miles

Attractive Orange County Shopping Center

  • High Visibility Location with Strong Frontage Along Valley View Street – Three Separate Points for Ingress and Egress Provide for Easy Access to the Subject Property
  • Adjacent to the Valley View Street/La Palma Avenue Intersection (±76,000 Cars Per Day)
  • Located Less Than One Mile from the 91 Freeway (±280,000 Cars Per Day)
  • Anchored by Recognized Brands such as Popeyes, Jamba Juice, and Auntie Anne’s | Excellent Tenant Synergy with a Mix of Restaurant and Service-Based Businesses, Creating Consistent Daily Traffic
  • Long-Term NNN Leases with Annual Increases for Most Tenants | Staggered Lease Expirations Allow for Ownership to Consistently Increase Net Operating Income Over Time

Strong Real Estate Fundamentals

  • Strong Retail Synergy in the Immediate Area – Nearby Tenants Include Smart & Final Extra!, DaVita, In-N-Out, Taco Bell, Starbucks and More
  • Less Than 3 Miles from Major Attractions such as Knott’s Berry Farm (5 Million Annual Visitors) and Buena Park Entertainment District (Medieval Times, Pirates Dinner Adventure, Rock & Brews, Porto’s Bakery, and Many More)
  • Potential to Convert an Existing Restaurant into a Drive-Thru Space – Please Contact Agent for More Details
  • Recent Renovations Include:
    • Raised Parapet Plus Two New Parapet Towers for Increased Visibility
    • New Paint (Entire Property) and New Pavement/Slurry Seal for the Parking Lot
    • New Concrete and Trellis for Two New Patio/Dining Areas
    • ADA Improvements, Landscaping Improvements, New Trash Enclosures, and More

Contact Information

Ron Duong
Ron Duong
Senior Managing Director Investments
Senior Director, National Retail Group
(949) 419-3233
[email protected]
License: CA 01438643

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