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1936 E Katella Ave
Orange, CA 92867
Rare Orange County Owner/User Opportunity · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
4,200 SF
Building Class
C
Year Built
1966
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.69 AC
Zoning
C-TR
Parking
40 Spaces (11.02 Spaces per 1,000 SF Leased)
Frontage
120’ on Ca-55 Expy

Amenities

  • Freeway Visibility

About 1936 E KATELLA AVE , ORANGE, CA 92867

Faris Lee Investments is pleased to offer for sale the fee simple (land & building) in a 4,200 SF Japanese restaurant (the Property ) located in the heart of one of Orange County' s most prominent city' s Orange, California. The Property is ideally located near the signalized, hard corner entrance to the 55 freeway (244,000 VPD) and E. Katella Avenue (51,900 VPD), both of which serve as main thoroughfares. This is a rare Orange County, restaurant opportunity that allows an investor to create value through multiple avenues, including: potential redevelopment (the Property resides on 0.7 acres of land), re-tenant the Property with a strong national/regional brand, and/or utilize the asset as an owner/user. Additionally, the Property features a large monument sign that can be seen while driving both north and south on the 55 freeway, creating strong visibility and added value for a new investor. The Property is positioned along Katella Avenues main retail corridor with strong national and investment grade tenants, including: Smart & Final, T.J. Maxx, CVS, Chase, Del Taco, Papa Johns, and many more. The close proximity to these complementary tenants creates a desirable draw to the area, which in return brings strong traffic to the site. The property is also ideally centered around many tourist attractions, including: Disney California Adventures, Disneyland, Angel Stadium, Honda Center, and the Santa Ana Zoo. Additionally, the Property resides in a highly dense trade area with more than 499,470 consumers with an average household income higher than $98,300 within 5 miles of the subject property. Furthermore, the trade area is supported by more than 332,105 daytime employees within a 5 mile radius. *DO NOT DISTURB TENANT

Property Taxes

Property Taxes

Parcel Number
375-532-07
Land Assessment
$1,949,746
Improvements Assessment
$391,154
Total Assessment
$2,340,900
  • Listing ID: 7905917

  • Date on Market: 6/29/2017

  • Last Updated:

  • Address: 1936 E Katella Ave, Orange, CA 92867

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