Town Center Plaza

4600 Lavell Rd., Santa Rosa, CA, 95403

Twenty Tenant Center NNN Leases

9,200,000
Price
95000
Land SF
42000
Building SF
25
Number of Tenants
$0
Price Per SF
10.14 %
Cap Rate
9,200,000
Price
95000
Land SF
42000
Building SF
25
Number of Tenants
$0
Price Per SF
10.14 %
Cap Rate

10% UPSIDE POTENTIAL

  • XYC Brokerage is pleased to present a rare Orange County property listed in the city of Anaheim. This opportunity provides the ultimate form of security through a long-term absolute NNN investment.
  • This dense high traffic infill location has a population of over 636,000 within a five-mile radius with an average household income in excess of $76,000. The property is situated down the street from Knott' s Berry Farm and is only three blocks to the south of the I-5 Freeway.

Value-Add Opportunity

  • Current ownership is absentee which results is a big opportunity for the Buyer to appreciate major upside. By doing a few things like new paint, interior and exterior. Repave the parking lot and re-stripe it.
  • NNN leased Chase Bank offering zero landlord obligations. Corporate guarantee on the lease to 2031 and 2 options at fair market rent through 2041. There is an OC Bus Stop in front of the building and it is only five minutes to I-405, and more than 2.2MM people live within 10 miles.

DENSE INFILL LOCATION

  • The center sits on a large 1.55 acre of land that is less than half a mile from the area's two major medical centers (Anaheim Regional Medical Center and Kaiser Permanente). This unique pocket has been extremely successful for Walgreens as evidenced when it sought out this location ten years ago to relocate from a smaller store across the street.
  • The property is located at the corner of Beach Boulevard and Orangethorpe Avenue in the city of Buena Park, North Orange County. Beach Blvd and Orangethorpe Ave are both major traffic thoroughfares and commercial corridors that stretch across all of Orange County.
  • This central and high traffic intersection boasts traffic counts in excess of 65,000 cars per day. The property along with the newly developed Target store fronts the 91 Freeway and is visible to the over 250,000 cars per day. that travel the freeway. This dense high traffic infill location has a population of over 636,000 within a five-mile radius with an average household income in excess of $76,000. The property is situated down the street from Knott' s Berry Farm and is only three blocks to the south of the I-5 Freeway.

SOURCE OF EMPLOYMENT

  • Primary Source: Federal, State and County dollars fund California's safety net services. California's FY 15-16 Enacted Budget for Health and Human Services is $54.34 Billion of which $5.94 Billion excluding infrastructure funding is allocated to the Department of Developmental Services.
  • Santa Rosa is a California city in Sonoma County. It's known for its wineries. The Charles M. Schulz Museum and Research Center is dedicated to the famed "Peanuts" cartoonist. Nearby, hands-on exhibits at the Children’s Museum of Sonoma County include a mini train station. Big-name musicians perform at the Luther Burbank Center for the Arts. To the east, trail-lined Annadel State Park features wildflowers and a lake.
FOR MORE DETAILS CONTACT
Katherine Watkins
Vice President
(949) 378-7264
katherine.creop@gmail.com
01026528
Ted Ford
VP
(252) 555-2525
tedf@cbre.com
52112532
Carty Watty
Associate
949-555-1252
carty@cre.com
1252102
Richard Bird
Executive Managing Partner
(208) 497-5500
rbird@birdrealtyadvisors.com
0123217