Undisclosed Address

Anaheim, CA 92807

  • beds
  • 0 baths
  • sq ft
  • 0.0 acres lot

$4,800,000

  • Active
  • MLS SB17247911

PROPERTY DESCRIPTION

The Rancho Cabrillo Plaza was built in 1999. Presently, the occupancy rate is 90.91%. There are two major tenants: Orange County Department of Education and 7 Days Liquor Wine & Cigar and their leases will end on September 2021 and February 2026 respectively. The Orange County Department of School occupies nearly 28% of building share and they want to stay there as long as the owner wants them to stay. There are very good potentials in the complex when it comes to maximize income, the rent rate in the complex is below market rents, it averages only $1.32/sf per month compared to similar listings in the area and most of the tenants are not Triple Net Lease, so there is value-add Opportunity by converting them to it. It has excellent Pro Forma Capital rate above 7%. The area has great potential in the future as a result of growing population of the city of Anaheim, it is the largest city by population with heavily dense area with multi-family and single-family housing. The Plaza has a good location, it is close proximity to the CA 91 freeway and it is short distance drive to John Wayne Airport and three major employers of Orange County ( Disneyland, UC Irvine and Boeing).

PRESENTED BY

Charles Rim with United Pacific Investments Inc

Essential Information

  • MLS #
    SB17247911
  • Square Foot
    N/A
  • Days On Market
    150
  • Full Bathrooms
    N/A
  • Co-list Agent First Name
    N/A
  • Property Type
    Retail
  • Levels
    N/A
  • Status
    Active
  • Half Bathrooms
    N/A
  • Co-list Agent Last Name
    N/A
  • Year Built
    1999
  • Price
    $4,800,000
  • Bedrooms
    N/A
  • Lot Features
    0-1 Unit/Acre

Interior Details

  • Interior Features
    N/A
  • Flooring
    N/A
  • Water Source
    Public
  • Utilities
    N/A
  • Kitchen Features
    N/A
  • Laundry
    None
  • Bathroom Features
    N/A

Exterior Details

  • Exterior Features
    N/A
  • Patio
    N/A
  • Roof
    N/A
  • Foundation Details
    N/A
  • Fence
    N/A
  • Patio And Porch Features
    N/A
  • Sprinklers
    N/A
  • ConstructionMaterials
    N/A

Amenities

  • Cooling Type
    N/A
  • Fireplace Features
    N/A
  • Parking Features
    N/A
  • Private Pool
    N/A
  • Waterfront Features
    N/A
  • Heating
    N/A
  • Laundry
    N/A
  • Parking Spaces
    N/A
  • Pool Features
    N/A
  • Security Features
    N/A
  • Fireplace
    N/A
  • Laundry Features
    None
  • Garage Spaces
    N/A
  • View
    N/A

Home Owners Association

  • Association
    N/A
  • Association Name
    N/A
  • Association Fee
    N/A
  • Fee Frequency
    N/A
  • Association Amenities
    N/A

Community Information

  • City
    Anaheim
  • State Code
    CA
  • Neighborhood
    N/A
  • Subdivision Name
    N/A
  • County
    Orange
  • Zip
    92807
  • CommunityFeatures
    N/A
  • School District
    N/A

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Based on information from California Regional Multiple Listing Service, Inc. as of [SEE DATE BELOW] and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


This content last updated on 05/24/2018 06:43AM. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.