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910 E Birch St
Brea, CA 92821
High Yield Orange County Investment Offering · Retail Property For Sale
Investment Highlights
- Below Market Rent / Long-term Value Upside
- Located at Signalized, Hard Corner Intersection / Excellent street frontage and visibility on main thoroughfare
- Favorable Ground Lease with City of Brea - 60 years Remaining / potential option to purchase or extend
- High yield Orange County Investment / Fully Depreciable Asset
- Regional Retail Corridor / Diverse Trade Area With National Anchor Tenants Presence
- Close Proximity To University of Cal State University - Fullerton
Property Facts
Property Type
Retail
Building Size
40,008 SF
Building Class
B
Year Built
1991
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.44
Lot Size
0.64 AC
Zoning
CC-PD - Community Commercial - Planned Development
About 910 E BIRCH ST , BREA, CA 92821
Faris Lee Investments is pleased to offer for sale the leasehold interest (building) in The Promenade at Brea Mall, a 40,008 square foot freestanding, three-story, multi-tenant, 100% NNN leased, center in the heart of Brea, CA. Located adjacent to the 57 Freeway, The Promenade at Brea Mall represents a rare opportunity to acquire a premium Orange County investment situated on a prime outparcel the successful 1.3 million square foot Brea Mall. Furthermore, the property offers an attractive “Mall Entrance” location for office and retail users seeking to capture the strong surrounding demographic. This offering allows the investor the opportunity to receive over a double digit cash on cash return.
Property Taxes
| Parcel Number | 319-101-46 | Improvements Assessment | $5,023,560 |
| Land Assessment | $949,471 | Total Assessment | $5,973,031 |
Property Taxes
Parcel Number
319-101-46
Land Assessment
$949,471
Improvements Assessment
$5,023,560
Total Assessment
$5,973,031
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