719-721 Utica Ave
Huntington Beach, CA 92648
Single Tenant Net Lease - Huntington Beach · Specialty Property For Sale · 14,752 SF

---Seller Financing Possible--- Newmark Grubb Knight Frank is pleased to present the outstanding opportunity to purchase an approximate 14,752 square foot fully leased school facility located at 719-721 Utica Avenue in the City of Huntington Beach. 719-721 Utica consist of 4 freestanding buildings situated on an approximate 45,000 square foot lot near the corner of Beach Boulevard and Utica Avenue. According to the City of Huntington Beach, the property is zoned RM (Medium Density Residential) with a general plan land use designation of P-Public, RM15 (Medium Density Residential with a maximum of 15 units per acre). 721 Utica has been utilized as a school since the issuance of use variances in the early 1960' s and expanded to 719-721 Utica with conditional use permits in the 1980' s (No. 80-8 and 83-12). The property offers exceptional demographics with a population of approximately 155,466 with an average household income of $116,753 within a 3 mile radius of the property, including approximately 39,038 families and 15,253 children from 0-9 years old. 719-721 Utica is located just off of Beach Boulevard (Highway 39), a major arterial running through the heart of Huntington Beach with approximately 43,000 vehicles per day passing by the intersection at Utica Avenue. The property is also located just steps away from the completed Beach and Ocean luxury apartments development by UDR, Inc. (www.beachandocean.com) and Newland Center, a 149,140 square foot dual grocery-anchored center owned by Regency Centers.