HUNTINGTON BEACH, California
| Asking Price |
$3,799,000 |
Year Established |
1979 |
|
| Annual Revenue |
$0 |
Reason for Selling |
Retiring |
|
| Annual P/L |
$168,000 |
Attention |
Javier Ruiz |
|
| Annual Cash Flow |
$168,000 |
Listing Number |
1015663 |
|
| # of Employees |
|
Business Category |
Commercial Real Estate: Retail & Shopping Centers |
|
Business Overview:
Located in a highly desirable coastal Orange County market, this well-established neighborhood strip shopping center offers an attractive investment opportunity with strong visibility, convenient access, and a 4.42% capitalization rate based on current net operating income.
Built in 1979, the approximately 5,750-square-foot retail center consists of five units and offers prominent frontage along a well-traveled Huntington Beach commercial corridor. The property is currently occupied by a pub, pizza restaurant, hair salon, and Mexican taqueria, with one additional unit available for lease, providing potential upside through future lease-up.
The center benefits from its location within an established Huntington Beach neighborhood surrounded by a strong residential base and a variety of retail, restaurant, and service businesses. Its coastal Orange County location provides convenient access to major thoroughfares, Pacific Coast Highway, nearby beaches, downtown Huntington Beach, and surrounding communities. Adams Avenue serves as an important east-west corridor through Huntington Beach, supporting consistent local traffic and neighborhood retail demand. The property features approximately 125 feet of frontage and on-site parking, further enhancing visibility and accessibility for its tenants and customers.
Offered at $3,799,000 with approximately $168,000 in Net Operating Income, representing a 4.42% CAP rate. This is a rare opportunity to acquire a multi-tenant retail property in one of Orange County's established coastal communities, offering existing income with additional upside potential from the currently vacant unit.
OFFICE ID 5734 JR
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity