The Interest for sale is a (63.38%) limited partnership interest in Mickel Five Points, a Delaware LLC which owns and holds title to real estate described as at 18541-18645 Beach Blvd, Huntington Beach, CA APN 159-102-43 which is a retail center located in the city of Huntington Beach, Orange County, California. The improvements consist of five separate buildings on a site area of 162,043 square feet according to Costar records. The building were built in 1984 & 2000 according to Fidelity Title Company & Costar records. The improvements total 46,307 square feet according to Costar records. There are a total of 215 surface parking spaces. The property is located at the intersection of Beach Blvd. & Main Street, being a major road junction. Tenants include
• Dollar tree
• Zankou chicken restaurant
• Boudin SF restaurant
• Five Guys Restaurant
• Panda Express Restaurant
• OC Boutique
• Pho HP Viet Kitchen
• Moeller BBT Studio Once
• Waba Grill
• Artisan Nail
• $1,460,000 in Net Operating Income for the Property for 2024
• Distributions paid to Interest holder:
2021 Distribution $354,371 (includes one-time catch up distribution of $316,403)
2022 Distribution $506,245 (includes one-time catch up distribution of $379,684)
2023 Distribution $151,783
2024 Distribution $151,783
• Property is nearly 96% occupied
• The property was appraised for $19,750,000 in November 2024
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