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1345 N Grand Ave
Santa Ana, CA 92705
20 Yr Abs NNN Lease | Kiddie Academy | SoCAL · Retail Property For Sale
Investment Highlights
- Brand New Building/Construction in 2019
- Rarely Scheduled 2% Annual Rental Increases
- Experienced Operator with Several Kiddie Academy Locations in Orange County, Will Sign a Personal Guarantee
- Long-Term 20 Year Absolute NNN Sale Leaseback, with 4 (5-Year) Options to Extend
- Freeway On/Off Ramp Location – Ideally located the signalized, hard corner freeway exit of Grand Avenue and the 5 Freeway
- A+ Orange County Location – There are over 683,000 permanent residents living within a 5 miles radius of the property
Property Facts
Property Type
Retail
Property Subtype
Day Care Center
Building Size
6,800 SF
Building Class
C
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.65 AC
Zoning
C5
Parking
25 Spaces (3.68 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
About 1345 N GRAND AVE , SANTA ANA, CA 92705
The Subject Property is strategically located in the affluent area of Orange County (Santa Ana), at the signalized, hard corner intersection of N. Grand Avenue and Interstate 5 (approximately 384,000 combined vehicles per day). The Property is ideally situated adjacent to the on/off ramp to Interstate 5, making it easy to drop off and pick up students each day. The property benefits from the many affluent residential neighborhoods nearby, which have more than 190,000 households with an average household income of over $100,000 in a 5-mile radius.
Property Taxes
| Parcel Number | 400-261-14 | Improvements Assessment | $1,246,919 |
| Land Assessment | $2,467,309 | Total Assessment | $3,714,228 |
Property Taxes
Parcel Number
400-261-14
Land Assessment
$2,467,309
Improvements Assessment
$1,246,919
Total Assessment
$3,714,228
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