4935 Warner Ave, Huntington Beach, CA 92649
13,772 SF | Retail Building | Huntington Beach, CA 92649 | $19,950,000 ($1,449/SF) | 4.32% Cap Rate
For Sale
Active
- Date Added:
- September 16, 2024
- Days on Market:
- 23 days
Asking Price $19,950,000
- Property Type
-
Retail
- Square Feet
- 13,772 SF
- Price / Square Foot
- $1,449
Listing Contacts
Andrew Greenberg
Property Overview
HMX Realty Advisors is pleased to offer to qualified investors the opportunity to purchase a trophy (land and building) NNN Walgreens (NASDAQ: WAG) in Southern California. The property is located at the signalized intersection of Bolsa Chica Street and Warner Avenue in the high barrier to entry city of Huntington Beach, California.
Huntington Beach is a seaside city in Orange County in Southern California. It is bordered by the Pacific Ocean on the southwest, by Seal Beach on the northwest, by Costa Mesa on the east, by Newport Beach on the southeast, by Westminster on the north, and by Fountain Valley on the northeast. It is known for its long 9.5-mile stretch of sandy beach, mild climate, excellent surfing, and beach culture. The ocean waves are enhanced by a natural effect caused by the edge- diffraction of open ocean swells around the island of Catalina.
Retailers in the immediate surrounding area include CVS, Little Caesars, Harbour Tire, Goodyear, McDonald’s, Pick Up Stix, Starbucks, Dairy Queen, Ralphs, and Wells Fargo.
Huntington Beach is a seaside city in Orange County in Southern California. It is bordered by the Pacific Ocean on the southwest, by Seal Beach on the northwest, by Costa Mesa on the east, by Newport Beach on the southeast, by Westminster on the north, and by Fountain Valley on the northeast. It is known for its long 9.5-mile stretch of sandy beach, mild climate, excellent surfing, and beach culture. The ocean waves are enhanced by a natural effect caused by the edge- diffraction of open ocean swells around the island of Catalina.
Retailers in the immediate surrounding area include CVS, Little Caesars, Harbour Tire, Goodyear, McDonald’s, Pick Up Stix, Starbucks, Dairy Queen, Ralphs, and Wells Fargo.
Property Details
- Class
- B
- Year Built
- 2011
- Stories
- 1
- Property Subtype
- Drug Store, Freestanding
- Lot Size (sq. ft)
- 56,628 SF
Highlights
- Absolute Triple Net Walgreens in Orange County, California
- Excellent Traffic Counts (49,000+ VPD) at Hard Corner, Signalized Intersection
- Average Household Income Within 3 Miles above $112,521
- Extremely Rare Rent Escalations Every 5 Years
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