320-322 W 17th St
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320-322 W 17th St
4,812 SF 100% Leased Retail Building Santa Ana, CA 92706 £1,183,500 (£246/SF) 4.28% Net Initial Yield
Executive Summary
-Fully Leased Investment Opportunity
-± 4,812 SF Freestanding Commercial Building
-Two-Tenant Building:
-#320: ± 1,070 SF - Hollywood Beauty Salon
---Lease Expires 8/31/28 with one 3 year option
-#322: ± 3,742 SF - Double Discount Store
---Lease Expires 11/30/28 with one 3 year option
-Current NOI: $64,258.08
-Tenants have been in the building for over 30 years
-Private Secured Fenced Yard
-One (1) Truckwell Loading
-Lot Size: ± 15,768 SF (0.36 Acres)
-Built in 1973
-21 Dedicated Parking Stalls
-± 4,812 SF Freestanding Commercial Building
-Two-Tenant Building:
-#320: ± 1,070 SF - Hollywood Beauty Salon
---Lease Expires 8/31/28 with one 3 year option
-#322: ± 3,742 SF - Double Discount Store
---Lease Expires 11/30/28 with one 3 year option
-Current NOI: $64,258.08
-Tenants have been in the building for over 30 years
-Private Secured Fenced Yard
-One (1) Truckwell Loading
-Lot Size: ± 15,768 SF (0.36 Acres)
-Built in 1973
-21 Dedicated Parking Stalls
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Supermarket
Building Size
4,812 SF
Building Class
C
Year Built
1973
Price
£1,183,500
Price Per SF
£246
Net Initial Yield
4.28%
NOI
£50,700
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Loading Docks
1 Exterior
Building FAR
0.31
Land Acres
0.36 AC
Opportunity Zone
Yes
Zoning
SP3 - Midtown Specific Plan
Parking
21 Spaces (4.36 Spaces per 1,000 SF Leased)
Frontage
86 ft on W 17th St
Amenities
- 24 Hour Access
- Bus Route
- Corner Lot
- Dedicated Turn Lane
- Fenced Lot
- Signage
- Monument Signage
Walk Score ®
Very Walkable (86)
Nearby Major Retailers
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | £290,971 | |
Land Assessment | £1,119,882 | Total Assessment | £1,410,853 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£1,119,882
Improvements Assessment
£290,971
Total Assessment
£1,410,853
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320-322 W 17th St
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