For Sale
$3,586,800

2220 Lincoln AveAnaheim, CA 92804

High-traffic Anaheim retail space, excellent investment.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 5,400 square foot storefront, situated on a 12,009 square foot lot in Anaheim, CA (92804), presents a lucrative owner-use or investment opportunity. Boasting a prime location near the intersection of major freeways (I-5 and 91) and surrounded by high-traffic businesses like Big Wave Car Wash and Little Caesars, this property enjoys exceptional visibility and accessibility. The building features a flexible open floor plan, recently remodeled with new flooring, window blinds, and a state-of-the-art HVAC system. Improvements also include two restrooms, a storage room, three open office areas, a private office, and a warehouse, all enhanced by a secure front gate. Ample parking is provided with twelve spaces – six gated in the front, two on the side, and four in the rear. Three entry/exit points offer convenient access. The property has undergone a termite inspection and clearance in March 2023. Currently operating as a window blinds store, the property offers a strong, stable cash flow, with a pro forma cap rate of 3% and an NOI of $113,400. The pro forma rental rate is $13,500 per month, aligning with the market rate of $2.50 per square foot. The current owner is open to remaining as a tenant post-sale. This property is ideally situated in a high-growth area, ranked highly for diverse convergence, urban villages, new residents, and family expansion. Asking price: $3,586,800 ($700 per square foot).

Highlights

  • Three entry/exit points; two currently in use.
  • Recent improvements include new window blinds, flooring, two restrooms, a storage room, three open office areas, HVAC, a private office, warehouse space, and a front gate.
  • Twelve parking spaces: four rear, two side, and six gated front spaces.
  • Termite clearance obtained March 2023.

Property Details for 2220 Lincoln Ave

Property type
Retail properties, Retail space

Location Insight

City
Anaheim
County
Orange
State
California
Latitude
33.83248551
Longitude
-117.95980967
2220 Lincoln Ave, Anaheim, California

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2220 Lincoln Ave
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