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131-195 W Center Street Promenade
Anaheim, CA 92805

Center Street Promenade-Bldg 1 · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
11,175 SF
Building Class
B
Year Built/Renovated
1991/2013
Tenancy
Multiple
Number of Floors
1
Building FAR
1.06
Lot Size
0.24 AC
Zoning
C
Parking
94 Spaces (9.4 Spaces per 1,000 SF Leased)

About 131-195 W Center Street Promenade , Anaheim, CA 92805

* Modern, Mixed-Use Integration – Situated at the heart of CtrCity along Center Street Anaheim, a regentrified ½ mile enclave within infill Anaheim, containing 1.5M SF of office, retail, 1,200 residential units, and various recreation options, all with vintage vibes and a modern-day twist * Strong NOI Growth – Due to embedded increases, the Net Operating Income is projected to increase more than $113,700 (32%) over the expected hold period * Concentration of Restaurant or Food-Oriented Tenancy – Over 82% of the GLA is leased to restaurant, beverage or food-related tenancy that cannot be usurped by intent competition * Adjacent to Anaheim ICE – Part of The Rinks chain of indoor ice skating rinks, this Anaheim location has been the official practice facility of the NHL’s Anaheim Ducks since its opening in 1995. On top of hosting top tier athletes, Anaheim ICE also holds multiple events for skaters of all abilities and ages from training camps to hockey tournaments * Recent High Street Construction – Built in 1988/89 with a recent renovation in 2013, Center Street Promenade’s high street buildings provide exceptional access, exceptional parking and pedestrian exposure in comparison to a traditional inline strip or vintage tuck under high street retail condominium * More than 677,800 people in a 5-mile radius with an Average Household Income exceeding $86,300

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
037-011-54
Land Assessment
£110,216
Improvements Assessment
£171,413
Total Assessment
£281,629
  • Listing ID: 15087639

  • Date on Market: 05/02/2019

  • Last Updated:

  • Address: 131-195 W Center Street Promenade, Anaheim, CA 92805

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