* Irreplaceable Urban STNL Opportunity – Uncommon opportunity to purchase a single-tenant net leased retail property situated on a hard corner in the heart of Downtown Anaheim, leased to Smoke and Fire dba Villains Brewing Company and Broken Spirits
* One-of-a-Kind Property – The property comprises a unique adaptive-reuse campus that blends historic preservation with modern hospitality, consisting of a restored 1911 Craftsman house which now operates as a restaurant, a 1940s barrel-vault building that serves as the main brewhouse, and a former auto yard that has been repurposed into a kitchen and outdoor courtyard. The property’s redevelopment required special city approval, making it a truly one-of-a-kind site that cannot be replicated
* Long Term NNN Lease – Smoke and Fire operates under a 10-year NNN lease (expiring December 2032), providing an excellent low management, low hassle opportunity for passive investors
* Improving Returns – Due to embedded yearly increases (including a 9.92% increase in January 2027), the Net Operating Income is projected to increase more than $274,420 (45%) over a 10-year hold period, providing a strong inflationary hedge compared to many “flat” STNL investments
* Revitalized Downtown Location – Downtown Anaheim has recently received several accolades and is consistently ranked as one of Orange County’s most walkable and livable areas
* The location benefits from a “Walker’s Paradise” Walk Score of 92 out of 100
* New housing developments have recently added hundreds of new units to Downtown Anaheim, including The Invitation, a 269-unit apartment building recently completed at the intersection of Anaheim Boulevard and La Palma Avenue. Several new housing developments are also proposed or under construction in the immediate vicinity of the property. The influx of new residents provides a consistent and growing customer base