The Strip

21028 Brookhurst St.,
Huntington Beach, CA 92646

Six Tenants | All NNN Leases

$5,500,000
Offering Price
$231,269
NOI
4.20%
Cap Rate
$674
Price Per SF
8,158
Building SF
Multiple
Tenancy
$5,500,000
Offering Price
$231,269
NOI
4.20%
Cap Rate
$674
Price Per SF
8,158
Building SF
Multiple
Tenancy

COMPETITIVE ADVANTAGE

  • All tenants have been strategically selected for an "Amazon Proof" center, meaning it's 87.6% service and food. The only tenant outside of service and food is HB Velo Cyclery (they sell and service bicycles).

NNN LONG TERM LEASES

  • Tenant leases range from three to ten years. The two anchor tenants, (Dos Amigo Cantina and Reborn Coffee) signed a ten-year lease.
  • All leases are NNN.
  • All tenants paid during Covid lockdowns and no one ask for rent abatement.

Dos Amigos Cantina

  • Dos Amigos Cantina signed a ten-year NNN lease. Plus, there is a percentage lease component included in the lease. 6% over Natural Breakpoint.
FOR MORE DETAILS CONTACT
John Gessford
Senior Vice President | Principal
(949) 278-6645
jgessford@lee-associates.com
01137479