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OC Mattress 914 E Katella Ave 6,623 SF Retail Building Orange, CA 92867 $5,576,701 CAD ($842.02 CAD/SF) 5.18% Cap Rate
INVESTMENT HIGHLIGHTS
- OC Mattress – Strong Orange County Location - Signalized Hard Corner
- 9 Locations Across Orange County
- Close Proximity to Disneyland, Angels Stadium, Honda Center, and Multiple Universities
- Recently Signed Extension – Long Term Occupancy
- Extremely High Visibility Along Katella Ave. - One Block West of 55 Freeway
EXECUTIVE SUMMARY
Colliers National Net Lease Group is pleased to present an opportunity to purchase a single tenant absolute net leased Orange County Mattress with 6 years remaining on its current lease term and successful operation at its location since 2001. This location has recently undergone improvements that include new roof, paint, exterior lighting and awnings. The property sits along heavily trafficked Katella Ave. with surrounding tenants that include Home Depot, Smart & Final & T.J. Maxx, amongst many others. OC Mattress is poised to provide true passive income for years to come in an exceptional hard corner Orange County Location.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,623 SF
Building Class
C
Year Built
1968
Price
$5,576,701 CAD
Price Per SF
$842.02 CAD
Cap Rate
5.18%
NOI
$288,805 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
0.52 AC
Zoning
C-P, Orange
Parking
33 Spaces (4.98 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signalized Intersection
Walk Score®
Very Walkable (71)
Bike Score®
Very Bikeable (73)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 375-381-01 | Improvements Assessment | $802,197 CAD |
| Land Assessment | $3,100,829 CAD | Total Assessment | $3,903,027 CAD |
PROPERTY TAXES
Parcel Number
375-381-01
Land Assessment
$3,100,829 CAD
Improvements Assessment
$802,197 CAD
Total Assessment
$3,903,027 CAD
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OC Mattress | 914 E Katella Ave
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