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7492-7664 Edinger Ave
Huntington Beach, CA 92647
Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Storefront
Building Size
155,275 SF
Building Class
B
Year Built/Renovated
1963/2012
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.65
Lot Size
5.47 AC
Zoning
SP14 - Specific Plan Designation
Parking
328 Spaces (4.58 Spaces per 1,000 SF Leased)
Frontage
267’ on Edinger Avenue

Amenities

  • Signage
  • Signalized Intersection
  • Wheelchair Accessible
  • Air Conditioning

About 7492-7664 EDINGER AVE , HUNTINGTON BEACH, CA 92647

INVESTMENT HIGHLIGHTS * Trophy Asset – Meticulously maintained, institutional quality 155,275 SF shopping center, anchored by Nordstrom Rack, Dick’s Sporting Goods, PetSmart and Michaels in the heart of Huntington Beach * Bella Terra Adjacent – “Ground Zero” location, directly across from Bella Terra, the approximately 1 million SF community/lifestyle center anchored by Costco, Whole Foods, Kohl’s, Century 20 Theatres, REI, Staples, Peet’s Coffee & Tea and many more national and regional credit tenants who serve as “co-anchors” to Edinger Plaza * High Credit Tenancy – Approximately 135,400 SF (91%) of Edinger Plaza’s square footage is leased to national or regional credit tenants with established operating histories at the property * Below Market Rents – Property wide, Edinger Plaza rents average $2.25 PSF, approximately 7% below current market rates, enhancing income security and growth over the hold period * Significant Frontage and Visibility – Prodigious visibility with over 995 feet of frontage along Edinger Avenue, one block off of Beach Boulevard (79,500 CPD), among Orange County’s busiest surface streets * Available Free and Clear of Financing – The cap rate to 10YT spread has not been wider in recent history, providing a generational borrowing opportunity for long run-focused investors seeking current yield and equity preservation

Property Taxes

Property Taxes

Parcel Number
142-112-10
Land Assessment
$26,297,898
Improvements Assessment
$9,105,684
Total Assessment
$35,403,582
  • Listing ID: 11533079

  • Date on Market: 2/8/2018

  • Last Updated:

  • Address: 7492-7664 Edinger Ave, Huntington Beach, CA 92647

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