Anaheim West Plaza
3150 W Lincoln Ave, Anaheim, CA
For Lease
Retail
Neighborhood Center
$2.25/sqft/mo
Price
4.91%
Cap Rate
$1,619,661
NOI
Overview
Cap Rate
4.91%
NOI
$1,619,661
Building Size
80,429 sqft
Lot Area
5.8 acres
Occupancy
80%
Year Built
1986
Parking Spots
378
Description
Helm Properties is pleased to present the opportunity to Lease an anchor space at Anaheim West Plaza, a neighborhood shopping center located on the corner of Lincoln & Western Avenue; just one mile south of Knotts Berry Farm and a few short miles west of Disneyland.
Big box anchored neighborhood shopping center located on the corner of Lincoln & Western Avenue; just one mile south of Knotts Berry Farm and a few short miles west of Disneyland.
Highlights
- DMV occupies nearly 37% of the shopping center
- DMV relocation is very difficult, thus giving long term stability
- Recent renovations in 2021
- 4.8 parking ration (387 parking spaces)
- Strong Tenants, DMV (state of California), Fresenius Medical Care, Precise MRI, Subway, and Mon Amour
- Anaheim is the 10th largest city in California with an annual growth rate of nearly 4%
- Mix of dense residential and education institutions
- Value-add opportunity of 15,370 square feet of lease-up opportunity
- Over $5,000,000 invested into the center over the last 2 years
2 Spaces Available
B122, B122Community Center
Available:
Immediately
Sublease:
Yes
SQFT
2,400
Lease Rate:
$2.25/sqft/mo
Lease Type:
Gross
Space is available for sublease at a lower rate. The current lease expires in 2027 w/36-month option
B160, C100-102Community Center
Available:
Immediately
Sublease:
No
SQFT
29,684
Lease Rate:
$2.25/sqft/mo
Lease Type:
Gross
Units can be split into 9,829 SF & 19,855 SF