949-565-2246
, Huntington Beach, CA for Sale
Retail - FOR SALE
1/5
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Peter's Landing
Huntington Beach, CA


HIGHLIGHTS

  • Introducing the rare chance to acquire an extensively remodeled asset with a value-add opportunity at Peter’s Landing.
  • Extensive remodel was completed on Peter’s Landing in 2020, with approximately $14 million in capital improvements.
  • Home to a strong performing grocer founded in 1978, Mother’s Market & Kitchen is one of Southern California’s most popular organic grocery stores.
  • Diverse income stream with approx. 60% of the rental revenue is derived from retail/service tenancy and approximately 40% from office tenancy.
  • Peter’s Landing offers second-level office suites with both marina and ocean-facing configurations.
  • Surrounding are has an average household incomes of $161,379 and $133,338 within a 1- and 3-mile radius of the property.

OVERVIEW

A generational investment opportunity, Peter’s Landing is a grocery-anchored mixed-use urban development that encompasses approximately 98,590 square feet of retail and office space. Featuring a complimentary mix of essential needs and experience-based retail tenancy on the ground level and a multi-tenant office component on the second level, Peter’s Landing provides consumers with a unique and experiential shopping and dining experience within an oceanfront setting and offers office tenants an amenity-rich environment within a vibrant coastal location. The property features national and regional tenants Mother’s Market & Kitchen, Starbucks, Golden Road Brewery (Anheuser-Busch), Sola Salons, and Edward Jones. Peter’s Landing offers the rare ability to acquire an extensively remodeled asset with the ability to create value through lease-up of approximately 14,428 square feet of vacant gross leasable area (GLA), 15% of the total GLA, comprising 8,511 square feet of ground-floor retail GLA and 5,917 square feet of second-floor office GLA.

ASK ABOUT THIS PROPERTY

Aaron BettencourtREZA Investment Group, Inc.More Info
949-565-2246

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Aaron BettencourtREZA Investment Group, Inc.More Info
949-565-2246

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