2220 Lincoln AveAnaheim, CA 92804

Property Details for 2220 Lincoln Ave

Year built

1963

Lot size

0.28 AC

Property size (Sq ft)

5,127 SF

Property type

Retail properties

Property subtype

Retail space

APN

127-071-16

APU

12707116

Description

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).

• CAP approach

  CAP return

  Valuation

  6%

  $1,869,224

  6.5%

  $1,725,437

  7%

  $1,602,192

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,120,268

  Geo Method

  $2,508,942

• Alternative Use

  Use

  Valuation

  Residential

  $1,455,471

  Hospitality

  $1,333,204

  Educational

  $1,109,210

  Medical

  $1,147,357

  Retail

  $1,725,437

Location Insight

City

Anaheim

County

Orange

State

California

Latitude

33.8322

Longitude

-117.96

CBSA code

31080

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].