949-725-8606
, Irvine, CA for Sale
Retail - FOR SALE
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HIGHLIGHTS

  • Irreplaceable retail center within an affluent, master-planned Orange County community.
  • Thoughtfully curated tenant mix with food, beverage, and wellness-focused brands.
  • Long-term stability evidenced by leases in place for 7+ years for nearly half the GLA.
  • Highly strategic location near John Wayne Airport and business centers with strong daytime demographics.
  • NOI of $1,666,344 with projected income growth from scheduled increases and renewals.
  • Established asset performance since its 2017 repositioning, supported by robust tenant sales trends.

OVERVIEW

* Trophy Retail Center Investment – Few retail center assets come to market in Orange County, let alone in the highly-coveted, affluent master-planned community of Irvine, making Trade Marketplace an extremely rare and compelling investment opportunity * Optimal Tenant Mix, Configuration – With its diverse and curated tenant mix consisting of food, beverage, and wellness tenants combined with its indoor/outdoor food hall and communal dining component, Trade Marketplace is an optimally positioned Orange County retail center serving local and destination-oriented customers * Nationally, Regionally, and Locally Recognized Brands – Trade Marketplace’s diverse tenancy includes many nationally, regionally, and locally recognized brands including Domino’s Pizza, Subway, Financial Partners Credit Union, Krisp Fresh Living, Duck Donuts, Presotea, Nice Burger, Kempt, HiroNori, OToro Sushi, and others * Established, Thriving Retail Center – Since its repositioning in 2017, Trade Marketplace has thrived, as witnessed by its stable historical occupancy and strong tenant sales (contact broker for details) * 18 tenants totaling 16,922 SF (52% of the leased GLA) have occupied the property for approximately 5 years or more and 13 tenants totaling 15,300 SF (47% of the leased GLA) for 7+ years * 16 tenants totaling 11,794 SF (36% of the leased GLA) have signed new leases or renewed at the center since 2021, a testament to the quality of the property and its location * Significant Income Growth – Through scheduled rental increases and rolling below-market rents to market, the NOI is projected to increase more than $754,000 (45%) over the hold period, equating to a 3.8% compound annual growth rate (CAGR)

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John ReadCBREMore Info
949-725-8606

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John ReadCBREMore Info
949-725-8606

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