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8902-8942 Garden Grove Blvd 39,200 SF 96% Leased Retail Building Garden Grove, CA 92844 $19,100,000 ($487.24/SF) 5.05% Cap Rate
INVESTMENT HIGHLIGHTS
- 100%-Occupied Multi-Tenant Retail Center on a Corner Lot l ±39,200 Square Feet on a ±1.99-Acre Parcel
- Roof was Recently Recoated in 2025 | Parking Lot Slurry & Restripe in 2024
- Asking Price: $19,100,000 | 5.05% In-Place Cap Rate | WALT: 2.75-Years
- Exceptional Garden Grove Blvd Frontage | 27,000+ CPD
- Dynamic Location Near the 22 Freeway | Dual Points of Ingress/Egress
- 100%-Occupied Multi-Tenant Retail Center on a Corner Lot
EXECUTIVE SUMMARY
Two-story, 100%-occupied freestanding retail center on a corner lot with a standalone restaurant built in 1986.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
39,200 SF
Building Class
B
Year Built/Renovated
1986/2008
Price
$19,100,000
Price Per SF
$487.24
Cap Rate
5.05%
NOI
$964,550
Percent Leased
96%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.45
Lot Size
1.99 AC
Zoning
C-2 - Commercial
Frontage
AMENITIES
- Bus Line
- Pylon Sign
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Across street from H Market on Garden Grove Blvd Garden Grove CA. All glass front windows with glass entry door, gas supply, electrical meter, Large store front with double secured entries (existing credit union tenant). NNNs - $0.61/sf per month
| Space | Size | Space Use | Position | Available |
| 109 | 1,670 SF | Office/Retail | In-Line | Now |
109
| Size |
| 1,670 SF |
| Space Use |
| Office/Retail |
| Position |
| In-Line |
| Available |
| Now |
109
| Size | 1,670 SF |
| Space Use | Office/Retail |
| Position | In-Line |
| Available | Now |
Across street from H Market on Garden Grove Blvd Garden Grove CA. All glass front windows with glass entry door, gas supply, electrical meter, Large store front with double secured entries (existing credit union tenant). NNNs - $0.61/sf per month
Walk Score®
Very Walkable (78)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 097-630-02 | Improvements Assessment | $2,954,464 |
| Land Assessment | $4,803,532 | Total Assessment | $7,757,996 |
PROPERTY TAXES
Parcel Number
097-630-02
Land Assessment
$4,803,532
Improvements Assessment
$2,954,464
Total Assessment
$7,757,996
CONTACTS
-
Geoffrey DeWolf -
Steve Economos -
Matthew Economos -
David Economos -
Economos DeWolf, Inc.
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8902-8942 Garden Grove Blvd
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