Fully Leased Strip
1208-1226 E McFadden Ave, Santa Ana, CA 92705
For Sale
Contact for pricing
Everyday-needs businesses occupy the center in a dense Orange County trade area.
Property Size18,350 SF
Price / SF$497.82
Days on Market54
Property Features for 1208-1226 E McFadden Ave
General Information
Standard status
Size
Property subtype
Occupancy
Site & Location
Neighborhood
Building Details
Tenancy
Listing Agency:
JLL - Irvine (Orange County), California
Listed By:
Daniel Tyner · License CA #01959818
Source:
Crexi
Added: Sep 22
Changed: Nov 1
Last Checked: Nov 12 at 7:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL - Irvine (Orange County), California
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 18,350-square-foot strip center at 1208-1226 E McFadden Ave in Santa Ana is fully leased. Its tenant mix includes businesses serving everyday needs, and a grocer shadow-anchors the property.
The center sits just off E McFadden Ave and S Standard Ave in an Orange County infill trade area with a population exceeding 292,000.
The center sits just off E McFadden Ave and S Standard Ave in an Orange County infill trade area with a population exceeding 292,000.
Key Highlights
- 18,350‑square‑foot retail strip center
- 100% leased
- Shadow‑anchored by a grocer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$343,301
Cap Rate
3.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,866,020
$6.9M
Cap Rate 7%
$4,904,300
$4.9M
Cap Rate 9%
$3,814,456
$3.8M
Market Conditions
NOI Build-Up for 18,350 SF
Gross rent
$528.5K $28.80/SF
− Vacancy
−$38.1K −$2.07/SF
EGI
$490.4K $26.73/SF
− OpEx
−$147.1K −$8.02/SF
NOI
$343.3K $18.71/SF
Area
ZIP 92705
Vacancy
7.20%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,866,020
Cap Rate 7%
$4,904,300
Cap Rate 9%
$3,814,456
Alternative Uses
Best Use
Retail
$4.90M
$4.29M – $5.72M
NOI $343,301 @ 7.0% cap · market cap 3.76%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.51M
$4.83M – $6.43M
NOI $386,038 @ 7.0% cap · market cap 4.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,722
Businesses Nearby
Explore this area
Business Placement
Demographics for 92705, CA
45,902
Population
16,642
Households
2.8
Avg Household Size
40
Median Age
46%
College-Educated
87%
High-School Grad
11.8 sq mi
ZIP Area
3,890
Density / Sq Mi
$125,928
Median Household Income
$51,830
Median Earnings
$2,250
Median Rent
$1,135,600
Median Home Value
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Strip mall - Everyday-needs businesses occupy the center in a dense Orange County trade area.
Where is this strip mall located?
The property is located at 1208-1226 E McFadden Ave Santa Ana, CA.
What is the asking price?
The asking price for this property is $9,135,000.
What are key features of this property?
This property features: 18,350‑square‑foot retail strip center; 100% leased; Shadow‑anchored by a grocer
