14211 Euclid StGarden Grove, CA 92843
- Other commercial real estate
- 1.63 AC
Property Details for 14211 Euclid St
- Lot size
- 1.63 AC
- Property type
- Other commercial real estate
- Property subtype
- Showrooms
- APN
- 099-181-62
- APU
- 9918162
Description
This exceptional 19,713 square foot shopping center in Garden Grove, CA, presents a rare investment opportunity. Located at 14211-14221 Euclid St, 92843, this multi-tenant property boasts 15 fully occupied retail units, ensuring a stable income stream. Situated on a prominent 71,034 square foot corner lot in Orange County, the plaza benefits from high visibility and accessibility, attracting significant foot traffic. Recent improvements include a new roof and a completely resurfaced parking lot with 85 spaces, minimizing future maintenance expenses. The gross lease structure simplifies management, and the potential for increased rental income exists through lease renegotiations. This fully leased property offers a compelling combination of strong location, stable tenancy, and recent upgrades, making it an ideal acquisition for discerning investors seeking a high-return, low-risk investment in a thriving California market. The asking price is $10,400,000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $24,461,034
- 6.5%
- $22,579,416
- 7%
- $20,966,600
-
Comparable approach
- Method
- Valuation
- Relative Method
- $34,761,112
- Geo Method
- $34,761,112
-
Alternative Use
- Use
- Valuation
- Residential
- $19,046,582
- Hospitality
- $17,446,566
- Educational
- $14,515,339
- Medical
- $15,014,544
- Retail
- $22,579,416
Location Insight
- City
- Garden Grove
- County
- Orange
- State
- California
- Latitude
- 33.7572
- Longitude
- -117.938
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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