Ace Hardware | Premier Single Tenant NNN

Highlights:

• Brand New Fully Renovated Store Relocated from Down the Street
• Lease to Westland Hardware, Inc., a Corporate Entity of Ace Hardware
• 10-Year Corporate NNN lease with (3) five-year renewal options with 10% rental increases
• Phenomenal, Irreplaceable Densely Infilled North Orange County Location
• Perfect for 1031 or passive Buyer looking for stable income stream

Description:

Kidder Mathews is pleased to exclusively offer for sale this newly open,
Single Tenant NNN opportunity leased to Ace Hardware, located at
1257 E. Yorba Linda Blvd, in the City of Placentia, California, 92870.

Ace Hardware is one of the largest hardware cooperatives in the world, with approximately 5,900 corporate and independently owned stores across 60 countries, generating over $9.5 billion in annual revenue (2024). This location is operated by Westlake Hardware, Inc., a corporate-owned entity of Ace Hardware Corporation.

The store opened in 2024, relocated from a successful nearby location after 10 years of strong performance demonstrating Ace Hardware’s continued commitment to the Placentia market. The property is leased under a new 10-year lease with three (3) five-year renewal options and 10% increase every 5 years, providing a stable income stream. With a corporate-guaranteed lease and minimal landlord responsibilities, this offering is an ideal fit for 1031 buyers and passive investors seeking reliable, long-term cash flow.

The property consists of an approximately 24,000 square foot freestanding building situated on ±2.21 acres at the high-profile signalized corner of Yorba Linda Blvd and Rose Drive, offering significant frontage and visibility. Traffic counts are approximately ±25,000 cars per day, and the property benefits from proximity to major national retailers such as Target, Sprout, Ralphs, Stater Brothers, 24 Hour Fitness, Wells Fargo, McDonald’s, Taco Bells, and Arco gas station, driving strong year-round traffic.

Ace Hardware is centrally position within the residential and commercial core of North Orange County, providing direct access to a well-established and affluent customer base. Strategically located in the heart of one of Southern California's densest and most affluent areas, the property benefits from an infill population of over 328,000 people with an average household income approximately $159,000 within a five-miles radius. The site offers exceptional regional connectivity - just ±20 minutes to Irvine/Newport Beach, ±35 minutes to Downtown Los Angeles, ±10 minutes to Riverside County, and ±10 minutes to San Bernardino County. Immediate access to major freeways, including the 91 Freeway, 55 Freeway, 57 Freeway, and 5 Freeway, further enhances the property’s accessibility across the broader Southern California markets.

Documents: