For Sale
$3,950,000

1891 Malvern AveFullerton, CA 92833

High-traffic McDonald's, strong NOI.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a single-tenant, 100% occupied McDonald's restaurant located at 1891 W Malvern Ave, Fullerton, CA 92833. The property boasts a 3,100 square foot building on a 0.82-acre lot, constructed in 2002. This Class B retail property operates under a corporate Net Lease (NNN) agreement, providing a secure and passive income stream. The current lease, expiring in 2032, includes two renewal options of 4 and 6 years, further enhancing the long-term stability of this investment. The property's strong financial performance is reflected in its $3,950,000 asking price, a $1,274.19 price per square foot, and a 3.56% cap rate, generating a Net Operating Income (NOI) of $140,554. The location within the Amerige Heights Town Center, a thriving shopping center with high-profile tenants such as Target, Gold's Gym, and Albertsons, ensures significant foot traffic. The property benefits from its high-visibility location, directly off Malvern Avenue (approximately 35,000 cars per day), with close proximity to Route 91 (approximately 277,300 cars per day) and Interstate-5 (approximately 214,600 cars per day), guaranteeing consistent exposure and accessibility. The Amerige Heights Town Center experiences approximately 5.5 million annual visitors, demonstrating a significant increase of approximately 38.4% over the past three years. This McDonald's location offers a compelling combination of a secure lease, strong financial performance, and a prime location within a high-traffic retail center.

Highlights

  • $3,950,000 asking price for this McDonald's Net Lease property.
  • 3,100 square foot, single-tenant, Class B retail building on a 0.82-acre lot.
  • 100% occupancy with a corporate NNN ground lease; 30-year lease (expiring 2032) with two renewal options.
  • Strong NOI of $140,554, resulting in a 3.56% cap rate.
  • Located in a high-traffic area of Fullerton, CA, near major roadways and a successful shopping center with high annual visitor counts.

Property Details for 1891 Malvern Ave

Property type
Retail properties
Square Feet
3,100 SF
Class
B
Year Built
2002
Buildings
1
Stories
1
Lot Size (sq. ft)
35,719 SF

Location Insight

City
Fullerton
County
Orange
State
California
Latitude
33.8775023
Longitude
-117.9619639
1891 Malvern Ave, Fullerton, California

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1891 Malvern Ave
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