310-704-3616
18541-18545 Beach blvd, Huntington Beach, CA for Sale
Retail - FOR SALE
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18541-18545 Beach blvd
Huntington Beach, CA 92648
Garfield


HIGHLIGHTS

  • Sale of a 63.38% LP Interest in LLC which owns the property
  • retail center in the heart of Huntington Beach
  • Call for Offers
  • 96% occupied
  • annual distributions

OVERVIEW

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 Call for Offers

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sale of a 63.38% LP Interest in an LLC

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

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STORIES

1

YEAR BUILT

2000

SPRINKLERS

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PARKING SPACES

-

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

-

APN/PARCEL ID

159-102-43

ASK ABOUT THIS PROPERTY

Todd WohlBraun InternationalMore Info
310-704-3616

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Todd WohlBraun InternationalMore Info
310-704-3616

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