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110-140 W MacArthur Blvd
Santa Ana, CA 92707
MacMain Plaza · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Building Size
16,500 SF
Building Class
C
Year Built
1965
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
1.76 AC
Parking
100 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
377’ on Macarthur

AMENITIES

  • Bus Line
  • Pylon Sign
  • Signage

ABOUT 110-140 W MACARTHUR BLVD , SANTA ANA, CA 92707

INVESTMENT HIGHLIGHTS * “A” Location – Rare opportunity to purchase a 10-tenant retail strip center in Orange County, adjacent to the 55 Freeway and commercial and residential density, including: Hutton Centre, The Marke Apartment Community, Essex Skyline Towers, and First American’s campus as well as Courtyard by Marriott and Double Tree hotels * Below Market Existing Rents – Property wide, existing rents at MacMain Plaza are approximately 22% below current market rates and will be easily replaced and improved as leases roll, providing an opportunity to curate an optimal tenant collection while driving rents and NOI growth * Strong Historical Occupancy – Secure, established income stream – 5 tenants totaling 8,000 SF (52%) of the center’s leased GLA have operated at this location for over 10 years! * Immediate Leasing Upside – With one 1,200 SF vacant suite, MacMain Plaza provides an immediate leasing upside opportunity for investors * Discount to New Construction Pricing – At the contemplated price PSF, MacMain Plaza is a deep discount to newly-built strip center pricing while providing a more flexible basis and superior returns

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
410-041-51
Land Assessment
$6,658,560
Improvements Assessment
$1,456,560
Total Assessment
$8,115,120
  • Listing ID: 11517775

  • Date on Market: 2/7/2018

  • Last Updated:

  • Address: 110-140 W MacArthur Blvd, Santa Ana, CA 92707

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