La Habra, CA - La Habra Shopping Center

Description:

The SRS Investment Properties Group is pleased to present the rare opportunity to acquire
the La Habra Shopping Center, a 18,468 SF, 13-tenant, 65% occupied neighborhood
center well located in North Orange County and possessing significant upside possibilities.
La Habra Shopping Center is comprised of a mix of national and local tenants including
Winchell’s Donuts, China Station and more. The center is well-positioned within the trade
area and has seen long-term historical occupancy, demonstrating strong draw to the
center through the tenants desire to stay in place. There is significant upside through
re-tenanting and redevelopment, and most of the leases are currently month-to-month
making it easy for a landlord to re-tenant as they see fit.

The subject site is located at the signalized, hard-corner intersection of N. Harbor Blvd and
E. Stearns Ave. (37,000 combined vehicles per day) with excellent visibility and access.
Nearby national and credit tenants include Rite-Aid, Stater Bros, The Home Depot, Dollar
Tree, and more, promoting crossover shopping and synergy in the immediate trade area.
The dense and affluent 5-mile trade area is supported by a population of approximately
384,000 residents with an average household income of more than $100,000. Additionally,
over 180,000 employees support the trade area within a 5-mile radius.

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Listing ID: a284o000000iBodAAE