Shopping Strip
OC Trophy Strip Center | AutoZone 10+ Lease Extension | 67K VPD
105 W Lambert Rd, Brea, CA 92821
Listing Price: $4,395,000
Investment Overview
This AutoZone anchored strip center has four tenants. AutoZone just signed a 10-year lease extension. The other three tenants established their leases during Covid, which has resulted in their leases averaging only $34.50 per square foot in a $50+ per square foot market. This center is located at a tremendous 67,000 VPD signalized intersection. Brea is a highly affluent Orange County city with over 18,000 people located within a 1-mile radius of the center.
OC Trophy Strip Center | AutoZone 10+ Lease Extension | 67K VPD
Investment Highlights
- AutoZone Anchored - Just Signed a 10-Year Lease Extension thru June-2035
- Located on Signalized Intersection with 67,000 VPD
- All Tenants have NNN Leases with Zero Leakage. Average Rents at $32/SF in a $50+/SF Market
- 3-Mile Household Income $133,524 with Home Prices in the $1M to $2.5M Range
Exclusively Listed By
Financing By
Shopping Strip
OC Trophy Strip Center | AutoZone 10+ Lease Extension | 67K VPD
Listing Price: $4,395,000
Investment Highlights
- AutoZone Anchored - Just Signed a 10-Year Lease Extension thru June-2035
- Located on Signalized Intersection with 67,000 VPD
- All Tenants have NNN Leases with Zero Leakage. Average Rents at $32/SF in a $50+/SF Market
- 3-Mile Household Income $133,524 with Home Prices in the $1M to $2.5M Range
Investment Overview
This AutoZone anchored strip center has four tenants. AutoZone just signed a 10-year lease extension. The other three tenants established their leases during Covid, which has resulted in their leases averaging only $34.50 per square foot in a $50+ per square foot market. This center is located at a tremendous 67,000 VPD signalized intersection. Brea is a highly affluent Orange County city with over 18,000 people located within a 1-mile radius of the center.
Exclusively Listed By
Financing By
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