190 W Center St Promenade
100% NNN Leased to World's Top Entertainment Company | Anaheim, CA
Marketing description
Phenomenal Growth Location
►CORE MARKET | Orange County is among the top investment markets in the Americas in 2024 among investors, reflecting the county’s resilient industries, stable economic fundamentals and sustained rent growth. With strong employment and an attractive quality of life, Orange County is a highly soughtafter gateway market.
►TOP-TIER TALENT | Orange County is home to a world-class educational system. These institutions routinely supply the region with some of OC’s top talent pool each year.
►WORLD CLASS TRAVEL AND ENTERTAINMENT DESTINATION | As the home for Disneyland, Los Angeles Angels and Anaheim Ducks, Anaheim is among the hosting sites for the upcoming 2028 Summer Olympics. Global interest in the region will continue to heighten with the arrival of the Summer Olympics. An unprecedentedly level of excitement is coming to Anaheim in the years to come.
World Renowned Entertainment Work, Live, Play Location
►HIGHLY DESIRABLE LOCATION | Anaheim is home to world-famous Disneyland, whose $2-billion upgrades over the next decade and annual economic impact of $5.7 billion reflect a commitment to Central Orange County that reflects the area’s deep employment pool and excellent infrastructure system that can absorb hyper-growth. This central location offers convenient freeway access and ease of commute.
►CENTRALIZED REAL ESTATE | The property is served by nearby I-5 freeways, plus SR-91, SR-57 and SR-22 a few miles away. a few miles away. This provides easy access to all of Southern California. The property is also down the street from Anaheim Regional Transportation Intermodal Center, Amtrak’s train station, ±20 minutes from John Wayne Airport, and ±30 minutes from Long Beach Airport.
Investment highlights
STNL Office Investment in Anaheim’s Trendy Colony Historical District
►CORE INVESTMENT | The offering presents a rare opportunity to acquire a
well-appointed and high-amenity low-rise office building in one of the country’s sought-after investment markets. Located in Anaheim’s Entertainment District, the property is fully occupied by The Walt Disney Company since 1998.
►DURABLE CASH FLOW | New ownership enjoys an in-place lease that provides
an in-place annual net operating come totaling $551,892. A three-percent annual increase in rent provides an attractive hedge against future inflationary pressures.
►INVESTMENT-GRADE TENANCY | The Walt Disney Company (Moody’s: A2) is one of the most valuable brands in the world, according to Interbrand. Its rich history in Anaheim is integral to its heritage.
►MISSION-CRITICAL FACILITY | This office is Disney’s sole location for its Adventures by Disney business, a growing segment for the company. It is down the street the company’s Disneyland Park and Resort, as well as and Disney California Adventure Park.
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