Value-Add Strip Center/Residential Redevelopment Opportunity

Highlights:

• Premier Orange County Retail Investment – Highly visible strip center at a bustling 57,096 Combined VPD intersection, offering strong consumer traffic and exposure.
• Fully Stabilized Occupancy – 100% leased to a diverse mix of established regional tenants with minimal historic turnover.
• Strong Historical Tenant Retention – 75%+ of tenants have occupied space for 15+ years, proving the desirability and stability of this retail location.
• Value-Add Investment – Short-term leases with below market rents provide immediate upside potential through lease-up and rental increases.
• Significant Income Growth Potential – Multiple opportunities for rent escalations, tenant repositioning, and lease restructures to maximize NOI.
• Strategic Freeway Proximity – Located immediately off the 405 Freeway (252,342 VPD), with direct access to on/off ramps just one block away.
• Three Access Points – The center benefits from three ingress/egress points, improving traffic flow and enhancing accessibility and convenience for shoppers.
• Well-Maintained Asset – The property is consistently maintained through regular upkeep of the roof, parking lot, and exterior, complemented by water-efficient landscaping.
• Prime Redevelopment Opportunity – Identified as a RHNA qualified site under the City of Westminster, offering potential for mixed-use or residential redevelopment. Zoning is MU36 (Mixed-Use 36 Units/Acre) See page 12.

Description:

Graystone Capital Advisors is pleased to present the exclusive opportunity to acquire Edwards Center, a fully leased value-add strip center in one of Orange County’s most dynamic retail corridors. Ideally positioned at 6444-6486 Westminster Blvd in Westminster, CA, this 27,110 SF retail asset sits on approximately 2.00 acres at a prime 57,096 VPD signalized intersection, offering unparalleled visibility and accessibility. The property is further enhanced by its immediate proximity to the heavily trafficked 405 Freeway (252,342 VPD), with convenient on/off ramp access just one block away.

Currently 100% occupied by a strong, synergistic mix of internet-resilient regional tenants, Edwards Center boasts minimal historic turnover and exceptional tenant stability, with 75%+ of tenants having occupied space for 15+ years. The well-maintained asset benefits from regular upkeep of the roof, parking lot, and exterior, along with water-efficient landscaping, ensuring long-term value preservation. Additionally, the three ingress/egress points enhance traffic flow and accessibility, making it a convenient shopping destination.

Investors will find significant income growth potential through short-term leases at below-market rents, creating a pathway for immediate rental upside and increased cash flow. Furthermore, the property is identified as a RHNA-qualified site under the City of Westminster’s planning initiative, offering a compelling opportunity for mixed-use redevelopment, including residential or multifamily housing.

Strategically located in close proximity to both residential and commercial density, Edwards Center benefits from consistent high foot and vehicle traffic throughout the day, catering to a strong base of daily-needs consumers. With a dense, affluent trade area of 187,716 residents and an average household income of $110,710 within a 3-mile radius, Edwards Center is positioned as a rare, high-growth retail investment opportunity in one of Southern California’s most sought-after submarkets.

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