1257 E Yorba Linda Blvd - Retail FOR SALE


Placentia, CA 92870
$10,350,000 USD
949-557-5012
1257 E Yorba Linda Blvd, Placentia, CA for Sale
$10,350,000 USD
Retail - FOR SALE
1/8
null | 5.1% Cap Rate

1257 E Yorba Linda Blvd
Placentia, CA 92870


HIGHLIGHTS

  • Brand-New, Fully Renovated Store (Opened 2024) – Ace Hardware relocated from a highly successful location just down the street
  • 10-Year Corporate NNN Lease – Includes three (3) five-year renewal options with 10% rent increases every five years, providing reliable income growth.
  • Corporate-Guaranteed Lease – Operated by Westland Hardware Inc., a corporate-owned entity within the Ace Hardware network
  • Ace Hardware operate approximately 5,900 stores across 60 countries and generated more than $9.5 billion in annual revenue in 2024.
  • Dense & Affluent Customer Base – Over 328,000 residents within five-miles radius with an average household income exceeding $159,000
  • High Barriers to Entry – Supply-constrained infill trade area with virtually no available sites for future retail development.

OVERVIEW

Kidder Mathews is pleased to exclusively offer for sale this newly open,Single Tenant NNN opportunity leased to Ace Hardware, located at 1257 E. Yorba Linda Blvd, in the City of Placentia, California, 92870. Ace Hardware is one of the largest hardware cooperatives in the world, with approximately 5,900 corporate and independently owned stores across 60 countries, generating over $9.5 billion in annual revenue (2024). This location is operated by Westlake Hardware, Inc., a corporate-owned entity of Ace Hardware Corporation. The store opened in 2024, relocated from a successful nearby location after 10 years of strong performance demonstrating Ace Hardware’s continued commitment to the Placentia market. The property is leased under a new 10-year lease with three (3)five-year renewal options and 10% increase every 5 years, providing a stable income stream. With a corporate-guaranteed lease and minimal landlord responsibilities, this offering is an ideal fit for 1031 buyers and passive investors seeking reliable, long-term cash flow. The property consists of an approximately 24,000 square foot freestanding building situated on ±2.21 acres at the high-profile signalized corner of Yorba Linda Blvd and Rose Drive, offering significant frontage and visibility. Traffic counts are approximately ±25,000 cars per day, and the property benefits from proximity to major national retailers such as Target, Sprout, Ralphs, Stater Brothers, 24 Hour Fitness, Wells Fargo, McDonald’s, Taco Bells, and Arco gas station, driving strong year-round traffic. Ace Hardware is centrally position within the residential and commercial core of North Orange County, providing direct access to a well-established and affluent customer base. Strategically located in the heart of one of Southern California's densest and most affluent areas, the property benefits from an infill population of over 328,000 people with an average household income approximately $159,000 within a five-miles radius. The site offers exceptional regional connectivity - just ±20 minutes to Irvine/Newport Beach, ±35 minutes to Downtown Los Angeles, ±10 minutes to Riverside County, and ±10 minutes to San Bernardino County. Immediate access to major freeways, including the 91 Freeway, 55 Freeway, 57 Freeway, and 5 Freeway, further enhances the property’s accessibility across the broader Southern California markets.

FOR SALE DETAILS

PRICE

$10,350,000 USD

PRICE/SF

$431 USD /SF

CAP RATE

5.1%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

ACE Hardware

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Garden Center, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

86

LAND DETAILS

LAND ACRES

2.21 AC

LAND SF

96,188 SF

ZONING

C-1

APN/PARCEL ID

334-161-03,334-161-04

ASK ABOUT THIS PROPERTY

Fouy LyKidder MathewsMore Info
949-557-5012

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Fouy LyKidder MathewsMore Info
949-557-5012

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.