

Listed by Marcus & Millichap - Orange County
$2,961,000
Standard Avenue Shopping Strip
Details
APN 011-255-05
Property Type Retail
Square Footage 4,404
Units 4
Cap Rate 5.49%
NOI $162,497
Occupancy 100%
Tenancy Multi
Lease Type NNN
Pro-Forma Cap Rate 5.80%
Pro-Forma NOI $171,803
Price per SqFt $672
Year Built 1965
Stories 1
Lot Size (SqFt) 15,072
Ground Lease No
100% Occupied with Long-Term Lease Stability
Marketing description
Rare Santa Ana Infill Offering
- Cultural Anchor in a Captive Trade Area — The Property Serves as a Daily-Needs Destination for One of Orange County's Most Densely Populated and Culturally Cohesive Hispanic Submarkets, Where Specialty Tenants Build Generational Customer Loyalty That National Brands Cannot Replicate
- 100% Occupied with Long-Term Lease Stability — All Four Leases Run Through 2029 or Beyond, Providing Stable In-Place Cash Flow with Zero Near-Term Rollover Risk
- Specialty Tenant Mix with Generational Customer Loyalty — Tortilleria, Panaderia, Carniceria, Fish Market, Beauty Salon, and Discount Store — Tenant Categories That Have Historically Demonstrated Strong Sales Performance and Long-Term Operator Commitment in Hispanic Neighborhood Centers
Strong Real Estate Fundamentals
- Brand New Adjacent Public Park — The City of Santa Ana Is Currently Constructing Gerardo Mouet Park Immediately Northeast of the Property at the Corner of Standard & McFadden, Adding Permanent Green Space, Pedestrian Activity, and Community Investment Directly to the Subject's Trade Area
- Active Public Infrastructure Investment — Standard Avenue Is Currently Receiving Significant Public Improvements Through the City's Safe Mobility Santa Ana Plan, Including Protected Bike Lanes, a New Traffic Signal at Bishop Street, ADA Upgrades, and 64 Additional Parking Spaces Along Standard Avenue Alone
- Densely Populated Central Santa Ana Trade Area — ZIP 92701 Features One of the Highest Population Densities in Orange County (±[X] Residents Within Five Miles)
- Excellent Connectivity to Downtown Santa Ana — Quick Access to the Santa Ana Civic Center, Downtown Santa Ana, the 5 Freeway, and the 55 Freeway
Investment highlights
- Irreplaceable Neighborhood Retail Strip Serving One of Orange County's Densest Hispanic Trade Areas
- 100% Occupied by a Curated Mix of Daily-Needs, Culturally-Aligned Retailers (Fish Market, Bakery/Tortilleria, Beauty Salon, Discount Store) — Internet-Resistant and Recession-Resilient by Nature
- Adjacent to the New Gerardo Mouet Park (Currently Under Construction at the Northeast Corner of Standard & McFadden) — A Multi-Million Dollar Public Investment That Will Drive Permanent Foot Traffic to the Trade Area
Listing Contacts


Listed by Marcus & Millichap - Orange County
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$162,497.00
$13,541.42/mo
Valuation Metrics
0
DSCR
5.49%
Cap Rate
5.49%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?








