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Foothill Ranch Town Centre: Auto Spa 19222-19232 Alton Pky

7,040 SF 100% Leased Retail Building Foothill Ranch, CA 92610 £7,900,100 (£1,122/SF) 2.88% Net Initial Yield

Investment Highlights

  • Over 70,000 square feet of land
  • $162,000 household income within a 2 mile radius
  • High-end demographic and affluent area

Executive Summary

Gas Station/Express Car Wash/Mechanic Shop.
10 Year+ NNN lease.
Prime Orange County Real Estate.
Strong Sales & Proven Location.
Operating as a gas station/car wash/mechanic shop.
High-end demographic and affluent area.
Average household income at $162,000 within a 2 mile radius.
Gross Leasable Area: 7,040 SF
Lot Size: 71,044 SF
Rent: $288,000/yr +NNN

Property Facts

Sale Type
Investment NNN
Sale Conditions
Ground Lease Sold
Property Type
Retail
Property Subtype
Auto Repair
Building Size
7,040 SF
Building Class
C
Year Built
2000
Price
£7,900,100
Price Per SF
£1,122
Net Initial Yield
2.88%
NOI
£227,523
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.58
Land Acres
0.28 AC
Zoning
PC, Foothill Ranch
Parking
25 Spaces (3.13 Spaces per 1,000 SF Leased)
Walk Score ®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Outback Steakhouse
Bank of America
Planet Fitness
Islands
Starbucks
Chase Bank
Waba Grill
MOD Pizza
Ralphs
Herc Rentals
  • Listing ID: 33598623

  • Date on Market: 22/10/2024

  • Last Updated:

  • Address: 19222-19232 Alton Pky, Foothill Ranch, CA 92610

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