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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

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)
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

Chase
Bank of America
NORMS
Flame Broiler
Yoshinoya
Big Saver Foods
Sizzler
Orange County's Credit Union
IHOP
Citi

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 005-151-38
  • 005-151-34
Land Assessment
£1,119,882
Improvements Assessment
£290,971
Total Assessment
£1,410,853
  • Listing ID: 31865320

  • Date on Market: 20/05/2024

  • Last Updated:

  • Address: 320-322 W 17th St, Santa Ana, CA 92706

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