Stanton Shopping Strip

10420 Dale Avenue

Closing Notes

  • All Cash
  • Sourced a Local Buyer
  • Closed 10 Days Earlier than Scheduled

Property Description

Price: $2,485,000
Price Per/SF: $332.44
Land Area: ±0.61 Acres
Cap Rate: 5.18%
Gross Leasable Area: ±7,475 SF
Year Built: 1963

Investment Highlights

Rare Orange County Value-Add Opportunity – Potential Investors Have the Opportunity to Achieve a 7.40% Pro Forma Cap Rate by Raising Rents to Market Rates at Lease Expiration

Located Just One Block from Beach Boulevard (84,000 Cars Per Day)

Strong Real Estate Fundamentals – Population Counts Exceed 738,618 Within a Five-Mile Radius, Creating a Strong Customer Base

Rare Orange County Investment Opportunity

  • 100% Short-Term Gross Leases Offers Investors the Opportunity to Add Value by Converting Leases to NNN
  • Less Than 4 Miles from Disneyland, California Adventure, and Buena Park Entertainment Zone Which Includes Knott’s Berry Farm, Medieval Times, and Pirates Dinner Adventure
  • Centrally Located Between the Area’s Major Freeways (405, 22, 5, and 91 Freeways)
  • Highly Visible Signage with Excellent Visibility on Dale Avenue

Excellent Demographics & Strong Real Estate Fundamentals

  • The City of Stanton is Undergoing a Number of Major Redevelopment, Including the Brand New Rodeo 39 Shopping Center, Multiple Community Park Projects, and a Large Amount of Residential Developments
  • Dense, Infill Area – Over 212,750 Households Within a Five-Mile Radius
  • Strong Average Household Income of $101,853 Within a Five-Mile Radius
  • Multiple Points of Ingress and Egress Dale Avenue

Broker of Record: Adam Christofferson, License: CA 00530854

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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