808 W Lincoln Ave - Auto Repair FOR SALE


Anaheim, CA 92805- The Colony
$2,657,850 USD
949-725-8606
808 W Lincoln Ave, Anaheim, CA for Sale
$2,657,850 USD
Auto Repair - FOR SALE
1/5
null | 5.27% Cap Rate

808 W Lincoln Ave
Anaheim, CA 92805
The Colony


HIGHLIGHTS

  • Orange County STNL Investment
  • Long Term NNN Lease – Lincoln Tire operates under a 15-year NNN lease (expiring September 2036)
  • Improving Returns – Due to embedded increases (2% per year), the Net Operating Income is projected to increase more than $30,000 (21%)

OVERVIEW

* Orange County STNL Investment – Few STNL assets come to market in infill Orange County, making this NNN leased Lincoln Tire a rare and compelling retail investment opportunity. Strategically located in Downtown Anaheim, the property benefits from a dense surrounding population and proximity to attractions like Disneyland and Anaheim ICE * Long Term NNN Lease – Lincoln Tire operates under a 15-year NNN lease (expiring September 2036), providing an excellent low management, low hassle opportunity for passive investors * Improving Returns – Due to embedded increases (2% per year), the Net Operating Income is projected to increase more than $30,000 (21%) over the anticipated hold period, providing a strong inflationary hedge compared to many “flat” STNL investments * Revitalized Downtown Location – Downtown Anaheim has received several accolades and awards and is often touted as being amongst Orange County’s most walkable (86 Walk Score), livable (1,200 units within ½ mile) and social areas making it a magnet for locals and tourists alike * Disneyland Proximity – The property benefits from its location just 1.5 miles from Disneyland and Disney’s California Adventure, which host over 27,000,000 annual visitors

FOR SALE DETAILS

PRICE

$2,657,850 USD

PRICE/SF

$730 USD /SF

CAP RATE

5.27%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lincoln Tire

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

C-2

APN/PARCEL ID

036-113-27

ASK ABOUT THIS PROPERTY

John ReadCBREMore Info
949-725-8606

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

John ReadCBREMore Info
949-725-8606

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