Stater Bros. Shadow-Anchored Shops
2610 W. Edinger Avenue, Santa Ana, CA 92704
Property Description
Price: $4,665,000
Land Area: ±0.70 AC
Cap Rate: 6.75%
Gross Leasable Area: ±6,621 Square Feet
Year Built: 1969
Investment Highlights
Shadow-Anchored by a Busy Stater Bros. Location, a Strong Traffic Generator for the Area with 50+ Years of Occupancy
Located at the “Main & Main” Intersection of W. Edinger Avenue and S. Fairview Avenue – Traffic Counts Exceed 68,000 Cars Per Day
100% Occupied Retail Center with Most Tenants on Long-Term NNN Leases
Rare Orange County Investment Opportunity
- Excellent Operating History – Over ½ of the Tenants Have Operated at the Property for Over 20 Years
- Located in the Heart of Santa Ana in Close Proximity to the Area’s Major Freeways (405, 5 and 55 Freeways)
- Easy-to-Own Investment – All Leases are NNN, and Stater Bros. Manages a Number of Common Area Maintenance (CAM) Items for the Entire Shopping Center
- Attractive Annual Increases for Most Tenants Provides for an Excellent Hedge Against Inflation
Excellent Demographics & Strong Real Estate Fundamentals
- Dense, Infill Area – Population Counts Exceed 728,659 Within a Five-Mile Radius
- Strong Average Household Income of $107,804 Within a Five-Mile Radius
- Multiple Points of Ingress and Egress from Both Edinger Avenue and Fairview Street
- Located Directly Across from Centennial Regional Park, Which Features Multiple Baseball, Basketball, Soccer, and Football Fields as well as a Skate Park, City Offices, and Various Education Facilities
Contact Information
Ron Duong
Senior Managing Director Investments
Senior Director, National Retail Group
(949) 419-3233
[email protected]
License: CA 01438643
Senior Director, National Retail Group
(949) 419-3233
[email protected]
License: CA 01438643