3500 W MacArthur Blvd - Freestanding FOR SALE


Santa Ana, CA 92704
$52,811,000 USD
404-441-3849
3500 W MacArthur Blvd, Santa Ana, CA for Sale
$52,811,000 USD
Freestanding - FOR SALE
1/9
null | 5.5% Cap Rate

3500 W MacArthur Blvd
Santa Ana, CA 92704


HIGHLIGHTS

  • NNN Lease with Two, 5-Year Renewal Options | 5.68% Rent Increase in 2030 | 9% Rent Increase in Option 1 & 10% Rent Increase in Option 2
  • Long Operating History with Proven Sales | Extremely Low Rent-to-Sales Ratio | Home Depot has expanded the building twice
  • Located roughly 5 miles southwest of Downtwon Santa Ana & less than 6 miles northeast of Huntington Beach
  • Excellent Access & Visibility Along West MacArthur Blvd. (26,000 VPD), feet from signalized intersection with South Harbor Blvd. (44,000 VPD)
  • 12.5 MSF Retail, 14.4 MSF Office, 21.3 MSF Industrial and 22,187 Multifamily Units within a 3-Mile Radius
  • Surrounded by Shopping Centers | 2 Miles West of South Coast Plaza Mall | Largest Luxury Shopping Mall on the West Coast

OVERVIEW

CBRE is pleased to exclusively offer for sale the 134,400-square-foot Home Depot situated in Santa Ana, CA—a southeastern component of Greater Los Angeles (MSA Population: 12.9M). Operating since 1990, Home Depot’s original 15-year lease has been extended multiple times and currently features ±10.1 years of term remaining with two, 5-year renewal options. The NNN lease includes a 5.68% rent increase in 2030, followed by a 9.00% increase in the first option and 10.00% increase in the second option. This Santa Ana location boasts a long-term operating history and is a strong performer with an extremely low rent-to-sales ratio. Located roughly 5 miles southwest of downtown Santa Ana and less than 6 miles northeast of Huntington Beach, Home Depot is positioned with excellent access and visibility along West MacArthur Boulevard (26,000 VPD) and is just over a mile south of the on-ramp to Interstate 405 (285,000 VPD).

FOR SALE DETAILS

PRICE

$52,811,000 USD

PRICE/SF

$393 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Home Depot

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

12.07 AC

LAND SF

525,769 SF

ZONING

M1

APN/PARCEL ID

414-262-09

ASK ABOUT THIS PROPERTY

Christopher BosworthCBRE, Inc.More Info
404-441-3849

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

Christopher BosworthCBRE, Inc.More Info
404-441-3849

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