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Pet Food Express & Advanced Dental 6946-6968 Warner Ave 8,600 SF 100% Leased Retail Building Huntington Beach, CA 92647 $6,420,000 ($746.51/SF) 5.25% Cap Rate
Investment Highlights
- Two-Tenant Shops to Dominant Sprouts Anchored Center (Top 18% Sprouts Nationwide per Placer.ai)
- Advanced Dental: ~4.5 years remaining in the initial term
- Irreplaceable Coastal Real Estate Rarely Available on the Market
- Pet Food Express: New corporate lease with over 8.5 years remaining
- Below-Market Rent with Shops Spaces in the Trade Area Leasing for 44% Higher than Advanced Dental’s Lease Rate
- Recent 2023 Remodel with Modern Design
Executive Summary
Trophy Coastal Location | Sprouts Shadow Anchor | Major Signalized Intersection
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
8,600 SF
Building Class
B
Year Built/Renovated
1973/2023
Price
$6,420,000
Price Per SF
$746.51
Cap Rate
5.25%
NOI
$337,050
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.24
Lot Size
0.81 AC
Zoning
C-4 - Heavy Commercial
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Advanced Dental
- Health Care and Social Assistance
- -
- -
- -
- -
-
- Retailer
- -
- -
- Triple Net
- Jan 2034
Pet Food Express began as Pro Train, a dog training business founded by Michael Levy in the 1970s, then expanded into pet retail in 1980 and adopted the Pet Food Express name in 1987. The company has built its business around pet food, supplies, self-service pet washes, dog training, veterinary clinics, and in-store cat adoption support, while also adding same-day delivery and buy online, pick up in store. Over time, Pet Food Express has grown into a California-focused specialty retailer with a broad mix of products and services for dogs, cats, and other companion animals, plus ongoing support for rescue and shelter organizations.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Advanced Dental | Health Care and Social Assistance | - | - | - | - | |
|
|
Retailer | - | - | Triple Net | Jan 2034 |
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 165-081-20 | Improvements Assessment | $845,520 |
| Land Assessment | $3,674,649 | Total Assessment | $4,520,169 |
Property Taxes
Parcel Number
165-081-20
Land Assessment
$3,674,649
Improvements Assessment
$845,520
Total Assessment
$4,520,169
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