Town Center Plaza

50 Mark West Springs Rd,
Santa Rosa, CA 95403

Twenty Tenant Center NNN Leases

$7,200,000
Price
$394,533
NOI
5.48%
Cap Rate
$369
Price Per SF
19,500
Building SF
Multiple
Tenancy
$7,200,000
Price
$394,533
NOI
5.48%
Cap Rate
$369
Price Per SF
19,500
Building SF
Multiple
Tenancy

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.

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.
  • 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.
  • 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. Of this approximately $2 Billion is allocated to the twenty-one (21) Inland Regional Centers (IRC), of which SUP Inc. is a part of.
  • 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.

Location Summary

  • 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.
  • 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. Of this approximately $2 Billion is allocated to the twenty-one (21) Inland Regional Centers (IRC), of which SUP Inc. is a part of. At the current level of operations, SUP Inc. reports that approximately $5 Million of annual Revenue is being generated (not independently verified).
  • Centrally located just minutes East of the I-215 Freeway for easy commute. Only 7 miles from the 91 Freeway which allows the tenant to easily serve Riverside market. Immediately South of Alessandro Blvd.
FOR MORE DETAILS CONTACT
Johnny Ford
Vice President
(212) 555-1212
creop89@gmail.com
01244512
Carty Watty
Associate
949-555-1252
carty@cre.com
1252102