Valley Gardens Center
Retail | 247,420 SqFt
Marketing description
Coastal Commercial is excited to offer this opportunity to acquire Valley Gardens Center. This exceptional property sits on a large 5.69-acre parcel with 63,520 square feet of restaurants, retail, office and medical office. This asset shines with pride of ownership and has not been on the market in 20+ years. This is an amazing neighborhood shopping center nestled in the heart of Fountain Valley, and shares freeway and beach access with Huntington Beach. This is a rare chance to own prime real estate on Brookhurst Street a main thoroughfare from the 405 Freeway to Pacific Coast Hwy.
Valley Gardens Center is currently 95% occupied to a diverse mix of tenants, from Asian Cuisine to professional services (i.e. attorneys, CPAs, escrow) and many medical office tenants. Immediate upside potential exists with the leasing of the remaining 2,350 square foot unit and 381 square foot management office unit.
Conveniently located about one mile from two access points for the 405 Freeway. The property benefits from the surrounding established, affluent, and densely populated residential communities. Over 550,000 people live within a five-mile radius, and a strong average household income over $144,000.
The average home value in Fountain Valley, CA is currently around $1,369,465. This figure is up 9.2% over the past year, according to Zillow.
Investment highlights
- Seasoned Tenant Base
- Prime Coastal OC Retail
- Irreplaceable Location on Extra Large Parcel
- Mixed-Use Location
- Adjacent to Orange Coast Hospital/Medical Center
- Dense Population & Affluent Demographics
- Grandfathered Monument Sign
- Dense National & Regional Retailer
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