1935 17Th St, Santa Ana, CA 92705
8,104 SF | 100% Leased | Retail Building | Santa Ana, CA 92705 | $6,200,000 ($765/SF) | 5.40% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $6,200,000
- Property Type
-
Retail, Restaurant
- Square Feet
- 8,104 SF
- Price / Square Foot
- $765
Listing Contacts
Fouy Ly
Verified Profile
Joseph Kim
Verified Profile
- Property Info
Property Overview
The Metro Place Shopping Center is located at 1935 E 17th Street, within Orange County in the City of Santa Ana, California. The property is well positioned within the heart of the Orange County metro area at the intersection of three major cities serving Santa Ana, Orange and Tustin. The location benefits from convenient access to major freeways inclusive of the SR-55 Freeway, I-22 Freeway, SR-57 Freeway and the I-5 Freeway.
The property consists of an 8,104 square foot retail pad building situated on a high-profile location on 25,700 square feet of land. Constructed in 1997, Metro Place Shopping Center is a high-image retail shopping center anchored by Hobby Lobby, Esporta, Carl’s Jr. and CareMore Health. The property is in the business and shopping district of Santa Ana that is occupied by government, hospital, corporate offices and national retailers such as Target, Albertson, Petsmart, Ross, Raising Cane’s, Chic-Fil-A, In-N-Out, and Starbucks.
The property is strategically positioned in an exceptionally dense residential and commercial infill area of the city of Santa Ana. Within a
5-mile radius of the property the residential and commercial daytime population is over 613,000 people with an average household income in excess of $146,000. With significant frontage and visibility along 17th Street, the Property is situated near the major intersection of Tustin Ave and 17th Street which boast a traffic count of over 60,000 vehicles per day.
The property consists of an 8,104 square foot retail pad building situated on a high-profile location on 25,700 square feet of land. Constructed in 1997, Metro Place Shopping Center is a high-image retail shopping center anchored by Hobby Lobby, Esporta, Carl’s Jr. and CareMore Health. The property is in the business and shopping district of Santa Ana that is occupied by government, hospital, corporate offices and national retailers such as Target, Albertson, Petsmart, Ross, Raising Cane’s, Chic-Fil-A, In-N-Out, and Starbucks.
The property is strategically positioned in an exceptionally dense residential and commercial infill area of the city of Santa Ana. Within a
5-mile radius of the property the residential and commercial daytime population is over 613,000 people with an average household income in excess of $146,000. With significant frontage and visibility along 17th Street, the Property is situated near the major intersection of Tustin Ave and 17th Street which boast a traffic count of over 60,000 vehicles per day.
Property Details
- Class
- C
- Year Built
- 1997
- Stories
- 1
- Property Subtype
- Storefront Retail/Office, Freestanding, Storefront
- Lot Size (sq. ft)
- 25,700 SF
Highlights
- 100% leased with regional and local, tenants. All tenants are on NNN leases
- 1997 construction, best-in-class, pride of ownership property, anchored by Enchanted Coffee, Mochinut, and El Yaqui Tacos
- Superior visibility and exposure on 17th Street with daily traffic counts in excess of 40,000 Vehicles
- Delivered free & clear of debt allowing an all cash purchase
- Very high-density area of 618,000 people with Average Household Income of over $118,000 within a 5-mile radius
- Located along off/on ramp of the SR55 Freeway and I-5 Freeway with direct access to the I-5, SR-55, I-22 & SR-57 freeways
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