Buena Park Plaza Retail FOR SALE


Buena Park, CA
$6,750,000 USD
949-724-5635
, Buena Park, CA for Sale
$6,750,000 USD
Retail - FOR SALE
1/13
null | 5.7% Cap Rate

Buena Park Plaza
Buena Park, CA


OVERVIEW

Long-Term Tenancy - All tenants have occupied the center since pre-pandemic, and 70.4% of the GLA is occupied by tenants who have been here for over 15 years. Prime Retail Corridor - Located in an Albertsons-anchored center at Valley View St (74,690 VPD) & Lincoln Ave (33,843 VPD), with strong national tenants including, CVS, Dollar Tree, Home Depot, Marshalls, HomeGoods, and Ross at the same intersection. Strong Performing Shopping Center - The greater shopping center ranks in the top 21% of all neighborhood centers nationwide with 2 million visitors per year, according to Placer.ai data. Additional Traffic Draw from Neighboring College - Across the street from Cypress College, a California public community college that enrolls approximately 16,000 students each semester. Stable Income Stream - Most tenants have 3% annual increases, which act as a strong hedge against the current inflationary environment. Impressive Demographics - Over 235,000 people live within a 3-mile radius of the center and features an average household income of $131,897.

ASK ABOUT THIS PROPERTY

Alyssa MeraColliersMore Info
949-724-5635

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Alyssa MeraColliersMore Info
949-724-5635

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