Duong Investment Group

FOR SALE OR LEASE – PRIME CORNER LOCATION IN THE HEART OF GARDEN GROVE

12860 Euclid Street | Garden Grove, CA

Closing Notes

  • 21 Day Due Diligence
  • Sourced a California Buyer

Property Description

Price: $2,485,000
Price Per/SF: 620.63
Land Area: 0.43 Acres
Gross Leasable Area: 4,004 SF
Year Built: 1977

Investment Highlights

INVESTMENT HIGHLIGHTS

** Click Here to View a VIRTUAL TOUR of the Subject Property **

Lease Rate: $2.25/SF NNN OR Buyer a Prime Corner in the Heart of Garden Grove at an Effective Rent of $2.79/SF NNN – Please Contact Agent for More Details

Signalized, Corner Location at the Intersection of Euclid Street and Acacia Parkway (±31,300 Cars Per Day)

Surrounded by a Number of High Traffic Generators | Strong Daytime Population of 279,310 Within Three Miles

Located in the Heart of Garden Grove, CA – Adjacent to Garden Grove City Hall & Steelcraft Food Hall

 

Prime Corner Location

Excellent Visibility on Euclid Street, a Main Thoroughfare for the Area – Traffic Counts Exceed 31,300 Cars Per Day

Adjacent to the Recently Constructed Steelcraft Food Hall | Directly Across from California State University Fullerton Garden Grove Center, Coastline College, and Concorde Career College

Commercial-Zoned, Former Bank Building with Large Reception Area & Multiple Breakout Rooms – Sale Includes Secure Bank Vault

High Quality Brick Exterior with Multiple Public Entrances & One Optional Private Entrance

Additional Monument Signage Available on Euclid Street

 

Excellent Surrounding Area & Strong Real Estate Fundamentals

The Subject Property is Located Directly in the Path to the 22 Freeway from Northern and Southern Traffic

Close Proximity to a Number of Residential Properties and Surrounded by Office and Retail Properties

Directly Across from Community Center Park, Garden Grove Main Library, and Garden Grove Police Department

Other Nearby Retail Tenants Include Costco,  Office Depot, Starbucks McDonald’s, and Garden Grove’s Historic Main Street

Dense, Infill Area – Population Counts Exceed 830,618 Within Five Miles | Strong Household Income of $92,047 Within Five Miles

Contact Information

Ron Duong
Senior Managing Director Investments
Senior Director, National Retail Group
(949) 419-3233
ron.duong@marcusmillichap.com
License: CA 01438643

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