5858 Warner AveHuntington Beach, CA 92649

Property Details for 5858 Warner Ave

Year built

1968

Lot size

0.69 AC

Property size (Sq ft)

30,260 SF

Property type

Community centers

APN

163-080-12

APU

16308012

Description

This exceptional 1,904-square-foot retail space is ideally situated in Huntington Beach, Orange County, California, within a thriving 24-Hour Fitness gym. The single-tenant space is perfect for a variety of health, wellness, and fitness-related businesses. Suitable uses include, but are not limited to: martial arts, Brazilian Jiu Jitsu, kickboxing, boxing, self-defense instruction, physical therapy, sports rehabilitation, chiropractic services, therapeutic massage, grappling, drip therapy, weight loss advisory services, health diagnostic screening and testing, and the sale of related products such as workout apparel and accessories. The space is not suitable for businesses that prepare food and drink on-site, offer pole dancing classes, or require extensive construction or utility upgrades. Rent includes common area maintenance, property taxes, and utilities (excluding phone, cable, and internet). The property is located at 5858 Warner Avenue, Huntington Beach, CA 92649. This presents a unique opportunity to establish a business in a high-traffic, established fitness center environment. The space is currently vacant and ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $10,561,483

  6.5%

  $9,749,062

  7%

  $9,052,700

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,022,400

  Geo Method

  $14,807,997

• Alternative Use

  Use

  Valuation

  Residential

  $8,223,698

  Hospitality

  $7,532,864

  Educational

  $6,267,254

  Medical

  $6,482,794

  Retail

  $9,749,062

Location Insight

City

Huntington Beach

County

Orange

State

California

Latitude

33.7148

Longitude

-118.026

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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