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701-707 W 17th St 9 212 pi² 81% Loué Commerce de détail Immeuble Santa Ana, CA 92706 3 966 468 $ CAD (430,58 $ CAD/pi²) 6,42% Taux de capitalisation
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Faits saillants de l'investissement
- Prime Infill Location in Historic Floral Park | High-Traffic Santa Ana Corridor
- Built-In Income Growth Through Contractual Increases & CAM Recoveries
- Located in a Designated Opportunity Zone
- 100% Leased Multi-Tenant Center With Stable Income Stream
- Recent Renovations Enhance Long-Term Asset Quality
- Strong Surrounding Demographics & Central Orange County Positioning
Résumé de l'annonce
Marcus & Millichap is pleased to present a 4-Tenant Neighborhood Center at 701–707 W 17th Street in Santa Ana, a compelling infill retail investment positioned within the highly desirable Historic Floral Park neighborhood. Offered at $2,795,000 with a 6.42% cap rate, the property delivers $179,398 in NOI and is 100% occupied by a diverse mix of service-oriented tenants. The center totals ±9,212 SF on ±0.31 acres, originally built in 1955 and thoughtfully renovated in 2023, enhancing long-term functionality, curb appeal, and tenant retention.
The asset benefits from a Weighted Average Lease Term (WALT) of ±5.50 years, providing a strong balance of income stability and future upside through staggered expirations, contractual rent increases, and CAM reimbursements. Located within a designated Opportunity Zone, the property offers potential tax advantages and long-term value-creation opportunities for investors.
Strategically positioned along West 17th Street, a high-traffic neighborhood corridor with ±33,691 VPD, the center benefits from strong visibility, dense surrounding residential neighborhoods, and proximity to major Orange County employment, education, and retail hubs. The property sits minutes from Interstate 5, Santa Ana College, MainPlace Mall, and the broader central Orange County trade area.
Supported by robust infill demographics, a stable tenant mix, and a prime location within one of Orange County’s most established residential communities, this offering provides investors with a durable income stream and long-term appreciation potential in a supply-constrained market.
The asset benefits from a Weighted Average Lease Term (WALT) of ±5.50 years, providing a strong balance of income stability and future upside through staggered expirations, contractual rent increases, and CAM reimbursements. Located within a designated Opportunity Zone, the property offers potential tax advantages and long-term value-creation opportunities for investors.
Strategically positioned along West 17th Street, a high-traffic neighborhood corridor with ±33,691 VPD, the center benefits from strong visibility, dense surrounding residential neighborhoods, and proximity to major Orange County employment, education, and retail hubs. The property sits minutes from Interstate 5, Santa Ana College, MainPlace Mall, and the broader central Orange County trade area.
Supported by robust infill demographics, a stable tenant mix, and a prime location within one of Orange County’s most established residential communities, this offering provides investors with a durable income stream and long-term appreciation potential in a supply-constrained market.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Bien à usage mixte
Taille du bâtiment
9 212 pi²
Classe d’immeuble
B
Année de construction
1955
Prix
3 966 468 $ CAD
Prix par pi²
430,58 $ CAD
Taux de capitalisation
6,42%
Revenu net d’exploitation
254 589 $ CAD
Pourcentage loué
81%
Location
Multiples
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,68
Taille du lot
0,31 AC
Zone de développement économique
Oui
Zonage
C1 - Zone d'opportunité
Zonage commercial, grande variété d'utilisations
Stationnement
11 places (1,19 places par 1 000 pi² loué)
Façade
136’ sur W 17th St
Commodités
- Ligne d'autobus
- Lot de coin
- Affichage
- Climatisation
Principaux locataires
- Locataire
- Secteur
- pi² Occupé
- Loyer/pi²
- Type de bail
- Fin du bail
- Barber Luis
- -
- -
- 33,21 $ CAD
- Loyer hypernet
- Déc. 2027
- Carrlillo Fitness
- -
- -
- -
- Loyer hypernet
- -
- Players Choice
- Détaillant
- -
- -
- -
- -
- USA People Legal Document Assistance, Inc.
- Services
- -
- -
- Loyer hypernet
- -
| Locataire | Secteur | pi² Occupé | Loyer/pi² | Type de bail | Fin du bail | |
| Barber Luis | - | - | 33,21 $ CAD | Loyer hypernet | Déc. 2027 | |
| Carrlillo Fitness | - | - | - | Loyer hypernet | - | |
| Players Choice | Détaillant | - | - | - | - | |
| USA People Legal Document Assistance, Inc. | Services | - | - | Loyer hypernet | - |
Disponibilité des espaces
- Espace
- Taille
- Utilisation de l’espace
- Poste
- Disponible
Two storefront suites available individually or combined for a total of ±1,784 SF. Suites feature front and rear access, strong visibility along 17th Street, building signage opportunities, and flexible layouts suitable for a variety of retail, office, medical, or service-oriented uses. Located within an established neighborhood commercial center with convenient parking and excellent access to surrounding residential communities.
| Espace | Taille | Utilisation de l’espace | Poste | Disponible |
| 705 & 707 | 850 à 1 784 pi² | Bureau/Commerce de détail | - | Maintenant |
705 & 707
| Taille |
| 850 à 1 784 pi² |
| Utilisation de l’espace |
| Bureau/Commerce de détail |
| Poste |
| - |
| Disponible |
| Maintenant |
705 & 707
| Taille | 850 à 1 784 pi² |
| Utilisation de l’espace | Bureau/Commerce de détail |
| Poste | - |
| Disponible | Maintenant |
Two storefront suites available individually or combined for a total of ±1,784 SF. Suites feature front and rear access, strong visibility along 17th Street, building signage opportunities, and flexible layouts suitable for a variety of retail, office, medical, or service-oriented uses. Located within an established neighborhood commercial center with convenient parking and excellent access to surrounding residential communities.
Moyennement accessible à pied
70/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun relativement accessibles
50/100
Moyennement accessible en vélo
60/100
Principaux détaillants à proximité
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 720 564 $ CAD | |
| Évaluation du terrain | 695 722 $ CAD | Évaluation totale | 1 416 286 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
695 722 $ CAD
Évaluation des bâtiments
720 564 $ CAD
Évaluation totale
1 416 286 $ CAD
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701-707 W 17th St
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